INNOVATIVE SOLUTIONS IN THE FIELD OF ACCOUNTING AND AUDITING
Abstract
The article is devoted to the study of innovative and applied solutions in the field of accounting and auditing, in particular, the use of blockchain, artificial intelligence and automation. The authors analyze the history of the implementation of blockchain technology in auditing in the world, research the world experience of applying innovative solutions in accounting processes. The authors predict the future valuation of blockchain technology. The article details the directions of research on the application of blockchain in the field of accounting and auditing, which will allow to reveal the potential of innovative technologies to increase the reliability of financial reporting. In their scientific work, the authors determine the influence of modern technologies on increasing the transparency, accuracy and speed of financial processes. The advantages of the latest solutions for optimizing accounting procedures, reducing risks and strengthening internal control are studied. The article reflects the principles and functionality of blockchain technology and artificial intelligence in the main automation systems, the actual experience of implementing innovative solutions in Ukraine is analyzed. A list of the basic and most popular automation systems based on artificial intelligence, which are successfully used in Ukraine, has been compiled. The challenges of implementing these technologies are separately investigated, and recommendations are offered to increase the effectiveness of digital transformation in the financial sphere. The article determined that the main restraining factors of the application of innovative technologies in Ukraine are: financial costs, legal and regulatory barriers, technical limitations, low level of digital literacy, security risks, resistance to changes, interoperability of systems. It was determined that the development of the legal framework, the implementation of specialized educational programs, the integration of artificial intelligence, blockchain and automated systems to ensure transparency, reduce risks and increase the speed of data analysis, as well as state support for innovative startups in the financial sector are important directions for the effective implementation of innovative solutions in Ukraine.
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