Balancing security and transparency in financial accounting information amid digital transformation in Vietnamese enterprises

In the context of rapid digital transformation across the economy and society, financial accounting faces growing pressure to simultaneously safeguard information security and enhance transparency to meet the expectations of internal management, investors, and regulatory authorities. This study examines the theoretical foundations underlying the relationship between security and transparency in financial accounting information and analyzes how this relationship is manifested in the digital environment. Drawing on an assessment of current practices in Vietnam, the study identifies key challenges arising from technological adoption, data governance, and regulatory compliance that affect both the protection and disclosure of accounting information. The analysis highlights the inherent trade-offs and complementarities between security and transparency, contributing to a clearer understanding of how financial accounting systems can function effectively in the digital era while maintaining credibility, reliability, and trust among stakeholders.