THE EFFECT OF INFORMATION TECHNOLOGY IN ACCOUNTING UNDER THE CONDITIONS OF GLOBALIZATION

Abstract

In the process of carrying out financial operations, modern technologies represent one of the most important challenges. World technological trends have influenced Georgia as well. Technologies play an important role in accounting. Nowadays, all transactions in accounting have an electronic form, which is securely stored in databases. Using fintech technologies in accounting helps save resources and reduce costs. Accordingly, the paper presents the role of technology and its importance in enterprise activity. Effective ca-pabilities of modern accounting computer programs are established, and their advantages and disadvantages are highlighted. Research has been conducted on the possibilities of companies' work on the RS portal in the direction of accounting activities. Conclusions and recommendations are formulated. In particular, simplifying the barriers to entering the technology market will increase the level of competition, and accordingly, the development of this sector will take place. Also, cooperation with successful foreign fintech companies and improvement of cyber se-curity. Creation of an innovative hub and regulatory space, where enterprises will have the opportunity to create prototypes of their products and adjust the created application. as well as establishing effective tax incentives for investors, specifically in the direction of financial technologies. Strengthening the ability of professional account-ants to move to the Net-zero model, all of the above, is a prerequisite for creating a healthy business environment in the country.