Analysis of the Impact of Blockchain Technology Application on the Quality of Financial Reports and Audit Efficiency of Listed Companies
TL;DR
This paper focuses on the core connotation of blockchain technology, combined with the practice of domestic enterprises and international research data, analyses its application mechanism in the two scenarios of financial accounting and statement preparation, and audit business innovation, and focuses on the dialectical relationship between technical value and limitations.
Abstract
: Against the background of the reform of the digital economy-enabled capital market, the improvement of the quality of financial reports and the optimization of audit efficiency of China's listed enterprises are facing the bottleneck of the traditional mode. The blockchain technology has become the key to breaking the situation by virtue of its core characteristics, such as decentralization and tamper ability. This paper focuses on the core connotation of blockchain technology, combined with the practice of domestic enterprises and international research data, analyses its application mechanism in the two scenarios of financial accounting and statement preparation, and audit business innovation, and focuses on the dialectical relationship between technical value and limitations. Affirming its role in the reconstruction of the financial trust system and also facing up to practical disputes such as technical performance and cost-effectiveness, it finally puts forward targeted suggestions from the dimensions of technology research and development, enterprise application and industry collaboration, providing theoretical support and practical guidance for the rational application of blockchain technology in the financial field.