Ways to enhance financial transparency in utility service organizations through the digitalization of internal audit mechanisms
DOI:
https://doi.org/10.5281/zenodo.17107770Keywords:
internal audit, digitalization, utility services, financial transparency, indicator-based evaluation, online monitoring, blockchain, managerial decisions, corruption risk, audit technologiesAbstract
This article addresses the issues of enhancing financial transparency in utility service organizations through
the digitalization of internal audit mechanisms . In recent years, the utility sector of the economy has witnessed increasing
demands for the widespread adoption of information technologies, automation of settlement processes, and real-time
monitoring . The digitalization of the internal audit system contributes not only to strengthening financial discipline but
also to reducing the risk of corruption , improving the quality of services provided, and expanding opportunities for prompt
and well-founded managerial decision-making . The study analyzes the advantages of using digital platforms in internal
audit processes, existing shortcomings, as well as ways of introducing them into national practice based on advanced
international experience . In particular, proposals have been developed for an indicator-based evaluation system,
blockchain-based document management, and online audit monitoring mechanisms . It is scientifically substantiated that
these approaches can significantly increase the level of financial transparency in the utility sector and strengthen public
trust.
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