Examining the Influence of Financial Technology Adoption on Accounting Information Reliability and Audit Trails

Posted: Mar 04, 2023

• Samuel Thompson
• Sarah Carter
• Sarah Flores

Abstract

The rapid proliferation of financial technology (FinTech) has fundamentally transformed accounting practices and financial reporting systems across global markets. This technological revolution presents both unprecedented opportunities and significant challenges for accounting information reliability and audit trail integrity. Traditional accounting systems, characterized by sequential processing and manual verification protocols, are being replaced by distributed, automated FinTech platforms that process transactions in parallel across multiple nodes and jurisdictions. While the efficiency benefits of FinTech adoption are well-documented in contemporary literature, the implications for accounting information reliability and audit trail continuity remain inadequately explored. This research addresses this critical gap by systematically examining how different stages of FinTech implementation influence the reliability metrics of accounting information and the robustness of digital audit trails.