The Importance of Digital Transformation Governance in the Success of Small companies

Abstract

The study aimed to study the importance of digital transformation Governance in the success of small companies. The problem of the study was represented in small companies suffer from difficulties and problems that limit their performance and success in achieving their goals, such as on-time production, high costs, and the accuracy of the information, programs, and systems used, applied and the importance of the role of small companies. The study significant is Digital transformation has a great importance in improving the suitability of accounting information and its predictive ability in the future for small companies and the quality of preparing financial reports, which reflects positively on the performance of companies and their success in achieving profitability goals and advantage competitors. The study aims to Knowing the extent of compatibility of digital transformation governance and the application of accounting standards in the contemporary environment, the Impact of digital transformation governance on the quality of financial reports. and the impact of digital transformation governance on the application of accounting standards. The descriptive analytical approach was adopted to measure the  importance of Digital Transformation Governance in the Success of Small companies through collecting primary and secondary data from the previous literature (previous research and studies). the study was carried out on the population of Alsaif Gallery company. A sample was randomly selected of ( 110 )from the staff of the company . A questionnaire was designed and distributed to the study sample .The study verified the flowing hypotheses : There is no a statistically significant relationship between digital transformation governance and the application of accounting standards, there is no a statistically significant relationship between digital transformation governance and the success of management goals and  there is no a statistically significant relationship between digital transformation governance and the quality of financial reports. The study concluded the flowing findings : there is a statistically significant effect between digital transformation governance and the application of accounting standards, and there is a statistically significant effect between digital transformation governance and the success of management objectives and the quality of financial reports, The study recommended that the compatibility between digital transformation governance and international accounting standards .Rehabilitation and training of individuals to achieve the greatest efficiency and effectiveness in performance.