Author(s)

Huidong Mo ¹

Affiliation(s)

¹ School of Economics and Management, Heilongjiang University, Harbin, Heilongjiang, China

Corresponding Author

Huidong Mo

ABSTRACT

With the rapid development of globalized digital technology, digital transformation has been a topical issue in business sectors. Organizations are facing dynamic adjustments in corporate strategy objectives and disruptive innovation in operation management in the process of digital transformation, which is bound to bring a significant impact on the construction of corporate internal control. This paper focuses on the theoretical analysis of the effect mechanism of digital transformation on corporate internal control quality from the five components of internal control, which are creating synergies of the control environment, the automation of risk assessment, the intelligence of control activities, the transparency of monitoring activities, as well as the sharing of information and the consistency of communication. And it has been demonstrated in detail that digital transformation has a positive impact on the improvement of corporate internal control quality. The research results provide new insights for deepening the digital transformation of enterprises and improving the internal control system. 

KEYWORDS

Digital transformation; Internal control quality; Five components of internal control

CITE THIS PAPER

Huidong Mo, The Impact of Digital Transformation on Internal Control Quality: A Study Based on Five Components of Internal Control. Accounting and Corporate Management (2023) Vol. 5: 28-34. DOI: http://dx.doi.org/10.23977/acccm.2023.050405.

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