Changes in the Business Valuation Process and Accounting with Regard to Digitalisation and Automation of Processes

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F25%3A00014306" target="_blank" >RIV/46747885:24310/25:00014306 - isvavai.cz</a>

Result on the web

<a href="https://doi.org/10.25142/aak.2025.010" target="_blank" >https://doi.org/10.25142/aak.2025.010</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.25142/aak.2025.010" target="_blank" >10.25142/aak.2025.010</a>

Result language

angličtina

Original language name

Changes in the Business Valuation Process and Accounting with Regard to Digitalisation and Automation of Processes

Original language description

Digitalisation and automation of processes are fundamentally changing the approach to business valuation. Traditional valuation methods are supplemented by modern technologies, such as artificial intelligence. Automated valuation models enable faster and more accurate business valuation. As part of the valuation process, it is crucial to draw information from a company‘s financial statements. For this reason, it is desirable that the accounting process is also sufficiently automated, thereby displaying the most accurate information possible. This article aims to provide a comprehensive overview of how digitalisation and automation are transforming the accounting and valuation processes of companies, and to examine how digitalisation and automation are affecting the valuation process and its perception by companies in selected Czech Republic-based organisations. The first part of the article will introduce the definition of the term business valuation and its categorisation. The second part will address digitalisation and automation in accounting. The subsequent sections will focus on the shortcomings of traditional valuation methods and the advantages of combining them with modern approaches. The final section of the article focuses on scientific research and discussion.

Czech name

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Czech description

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Type

J_ost - Miscellaneous article in a specialist periodical

CEP classification

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OECD FORD branch

50206 - Finance

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2025

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Acta academica karviniensia>

ISSN

2533-7610

e-ISSN

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Volume of the periodical

25

Issue of the periodical within the volume

2

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

10

Pages from-to

32-42

UT code for WoS article

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EID of the result in the Scopus database

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