The Impact of Digital Transformation on the Efficiency of the Accounting and Auditing Profession: An Empirical Study on Commercial Banks in Sirte

Abstract

This study aimed to measure the impact of digital transformation across its three dimensions process automation, cloud computing, and artificial intelligence on the efficiency of accounting and auditing practices within commercial banks operating in Sirte. To achieve this objective, a descriptive-analytical approach was employed, utilizing a questionnaire distributed to a purposive sample of (48) practitioners and professionals in financial, accounting, and internal audit departments across four commercial banks: National Commercial Bank, Sahary Bank, Jumhouria Bank, and Wahda Bank. Data were analyzed using SPSS through descriptive statistics, Cronbach's alpha, and simple and multiple linear regression models. The findings revealed a statistically significant positive effect of digital transformation, both collectively and individually, on enhancing professional efficiency. Process automation ranked first in terms of impact, followed by artificial intelligence and cloud computing. The study recommends upgrading banking technological infrastructure and intensifying specialized training programs to enhance the digital skills of financial personnel.