The article is devoted to digitalization of accounting and reporting as an infrastructure component of
corporate governance. The purpose of the study is to systematize the limitations and risks faced by the
participants of the process when introducing digital technologies in the accounting field. The research
was based on published reviews and analytical reports made by reputable audit companies, author teams
and companies themselves. The authors identified four main blocks of restrictions: industry affiliation and scale of the company, the balance of benefits and costs, the readiness of the organizational structure, lack
of human resources; among the risks identified are the following: commercial risk, information security
risk, the risk of delineation of responsibility, legal and legislative risk, the risk of loss of control of process
management.Based on the identified limitations and risks, a risk assessment matrix has been formulated for
the implementation of digitalization in companies’ business processes.