Abstract:

The purpose of the article is to present e-financial reporting, analyse the opinions of accountants from the perspective of its application in accounting as well as identify and discuss the biggest challenges for companies resulting from its implementation. The article starts with a brief introduction addressing the development of information and communication technologies affecting every area of life, including accounting. E-financial reporting is one of the examples confirming an ongoing revolution in this area. Next the essence and scope of financial reporting as the final product of accounting are discussed. A new technological solution is also identified, i.e. e-reporting. The core part of the article presents the source of introducing e-statements, the method of their preparation and forwarding. Owing to the synthetic analysis of the conducted survey results, it was shown that this solution poses a new challenge for accountants which, however, they are capable of meeting, whereas the benefits of its implementation are measurable.