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Accounting is a classic profession, and its rules and concepts have been in place for many years and have not changed. However, the accounting industry is also being impacted by economic globalisation, stricter laws, and countless technology advancements. The necessity for quick adaptation and transformation of company practices and business processes without straying from fundamental accounting laws and principles reflects challenges for the accounting profession. The main issues that digitization transformation for the accounting profession are analysed and categorised in this article. One of the processes that brought the world under one roof is digitalization. The process of converting data to an electronic representation is known as digitalization. Digitalization of accounting is the conversion of financial data from a paper-based format to an electronic one. Accounting software and computers are used to convert paper data into electronic form. The ability to evaluate and report financial data quickly, effectively, and efficiently has improved because to technological advancement. Four broad categories can be used to group digital accounting. They are enterprise resource planning (ERP) systems, cloud computing, and advances in digital technology.