THEORETICAL AND PRACTICAL ASPECTS OF AUTOMATING ACCOUNTING IN THE CONTEXT OF THE DIGITAL ECONOMY

Abstract

This study examines the role of youth in the development of accounting practices within the context of the modern digital economy, with particular attention to higher economic education and professional formation in accounting. In recent decades, rapid technological progress, digitalization of financial processes, and the expansion of automated accounting systems have fundamentally transformed the nature of accounting as a profession. These transformations place youth at the center of economic modernization, as young specialists demonstrate higher adaptability to digital tools, analytical platforms, and innovative accounting software. The research emphasizes that youth are not only future participants of the accounting labor market but also active drivers of change who influence the adoption of digital accounting technologies, data-driven decision-making, and transparent financial reporting. The study explores theoretical perspectives on youth participation in economic systems, highlighting the interaction between education, professional competencies, and technological readiness. It also analyzes practical aspects of preparing young accountants for professional activity under digital conditions, including curriculum modernization, competency-based education, and the integration of information technologies into accounting training. Special attention is given to the challenges faced by young accounting professionals, such as the gap between theoretical knowledge and practical skills, the need for continuous professional development, and ethical responsibility in a data-intensive environment. The findings underline that effective engagement of youth in accounting requires a systematic approach that combines educational reforms, institutional support,and alignment with international accounting standards. Overall, the study contributes to the understanding of youth as a strategic economic resource capable of ensuring sustainable development, transparency, and innovation in accounting systems in the digital era.