Articoli correlati a DISTRIBUTED LEDGER TECHNOLOGY ON FINANCIAL REPORTING...

DISTRIBUTED LEDGER TECHNOLOGY ON FINANCIAL REPORTING ERRORS IN BANKS: Assessing the Role of Blockchain in Enhancing Accuracy and Transparency in Financial Reporting - Brossura

Oriakpono, Anderson Emmanuel

 
9786139463596: DISTRIBUTED LEDGER TECHNOLOGY ON FINANCIAL REPORTING ERRORS IN BANKS: Assessing the Role of Blockchain in Enhancing Accuracy and Transparency in Financial Reporting
Brossura
ISBN 10: 6139463599 ISBN 13: 9786139463596
Casa editrice: LAP LAMBERT Academic Publishing, 2024

Sinossi

The book by Dr. Anderson Emmanuel Oriakpono examines the transformative role of Distributed Ledger Technology (DLT) in reducing Financial Reporting Errors (FREs) in the banking sector. It investigates FRE causes, such as omissions and principle violations, using case studies from Enron, Wells Fargo, and Nigerian banks. DLT’s transparency, decentralization, and automation are presented as solutions to financial reporting challenges. Practical applications like smart contracts, immutable audit trails, and real-time data sharing enhance accuracy, compliance, and efficiency. The book explores regulatory and ethical considerations, including data privacy, ownership, and adherence to global standards. Balancing innovation with legal frameworks, particularly in Nigeria, is emphasized. Emerging trends such as AI integration and asset tokenization demonstrate DLT’s potential to revolutionize financial systems while addressing operational inefficiencies and fostering trust.

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Editore
LAP LAMBERT Academic Publishing
Data di pubblicazione
2024
Lingua
Inglese
ISBN 10 
6139463599
ISBN 13 
9786139463596
Rilegatura
Copertina flessibile
Numero di pagine
96
Contatto del produttore
non disponibile
Persona responsabile
KreGa Onlinehandel GmbH
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info@krega-onlinehandel.de

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