INNOVATIONS IN AUDITING AND ASSET ACCOUNTING PRACTICES: PROSPECTS AND CHALLENGES
Keywords:
innovation in auditing, digitalization of accounting, audit automation, artificial intelligence in accounting, blockchain in auditing, international auditing standards, asset accounting, technological challenges in auditing, efficiency of audit procedures, transparency of financial statements.Abstract
This article explores best practices and innovative approaches in auditing and accounting for fixed assets. The key problems associated with traditional accounting and auditing methods are highlighted and modern solutions aimed at eliminating these problems are presented. The role of international standards in unifying audit procedures and ensuring transparency of financial statements is considered.
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