Cloud technologies and blockchain in auditing: a new stage in the development of control systems

Abstract

The purpose of the article is to study the impact of cloud technologies and blockchain on the development of control systems in auditing, in particular on the effectiveness of internal control procedures and information transparency. The central hypothesis is that the integration of modern digital technologies into accounting and audit processes can significantly increase the transparency of financial transactions, reduce information asymmetry and improve the effectiveness of risk management and internal control procedures. The study is a response to the growing challenges faced by traditional auditing in a dynamic business environment.Methodology. The methodological approach of the study is theoretical, based on a comprehensive analysis and synthesis of modern scientific literature. The study draws on general scientific methods, including bibliometric analysis, synthesis and systems-structural approaches, to explore the potential of cloud computing and blockchain technologies as tools for increasing financial transparency and control. The study findings were enriched by a multidimensional view of how these technological practices can be shaped by real-world constraints and organizational readiness.Results of the research. The analysis confirmed that the integration of cloud technologies and blockchain fundamentally transforms auditing into a continuous and proactive process. Key findings demonstrate that these technologies provide unique advantages, such as increased scalability, immutability and transparency, which are crucial for combating fraud and financial crimes. At the same time, the study also identified significant challenges, including cybersecurity threats, dependence on network infrastructure, integration complexity and regulatory uncertainty. The results offer a new perspective on how technology solutions can be applied to improve financial control systems and improve corporate governance.