Published on: May 2026
ROLE OF TECHNOLOGY IN ACCOUNTING PRACTICES IN INDIA
Siddarth Sabu
Lodhi Road New Delhi-110003
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Abstract
The Indian Accounting Profession is at a turning point. The accounting profession is in a state of complete metamorphosis, driven by a combination of regulatory requirements, technology advancements, and shifting attitudes in industry. Regulatory changes, technology and industry expectations are influencing accounting practices both within micro, small and medium businesses (MSMEs) and in larger professional firms. In this dissertation, the multidimensional role of technology in transforming accounting practices in India is explored, with a focus on three frameworks for analysis: compliance pressure, cost perception, and cultural resistance.
This study is based on a mixed methods research design that combines primary data gathered from 120 individuals living in the Delhi-NCR area and secondary data obtained from regulatory reports, industry surveys, and peer-reviewed academic literature, and examines five hypotheses. These are related to regulatory compulsion as a motivator of technology adoption, the cost-utility paradox faced by MSMEs, transparency anxiety among family businesses and the evolution of the role of the accountant from compliance filer to strategic advisor.
The results indicate that access to technology by Indian MSMEs is more driven by compliance than strategic motives. The primary reason for respondents using accounting software is to comply with Goods and Services Tax (GST) requirements, rather than for analytics and/or for operational improvements. The study reveals that there is a widespread productivity paradox: on one hand, companies are endowed with rich tools, on the other, they use them less than 30 per cent of their capacity; most businesses do not use more than 30 per cent of available software features.
How to Cite this Paper
Sabu, S. (2026). Role of technology in Accounting practices in India. International Journal of Creative and Open Research in Engineering and Management, <i>02</i>(05). https://doi.org/10.55041/ijcope.v2i5.422
Sabu, Siddarth. "Role of technology in Accounting practices in India." International Journal of Creative and Open Research in Engineering and Management, vol. 02, no. 05, 2026, pp. . doi:https://doi.org/10.55041/ijcope.v2i5.422.
Sabu, Siddarth. "Role of technology in Accounting practices in India." International Journal of Creative and Open Research in Engineering and Management 02, no. 05 (2026). https://doi.org/https://doi.org/10.55041/ijcope.v2i5.422.
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- •Published on: May 26 2026
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