INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
Abstract
The financial services sector is rapidly evolving. FinTechs have emerged due to the confluence of technology and finance, altering the fundamental basis of the financial industry. It is anticipated that the success of financial firms would be reliant on their capacity to shape the sharing economy and customer intelligence and deal with technological advances such as blockchain, robotics, Artificial Intelligence (AI), and others. This transition has resulted in a fundamental shift for many organizations that were not previously considered digital enterprises in the business world. However, these firms recognize that digital transformation is necessary, and a fundamental culture shift generates value. They prioritize investments in new systems and data analytics technologies to understand better their business and the needs of the markets they serve to avoid being disrupted. Audit firms must consider how change may impact their business practices like corporate organizations. This is more than a technological shift as well as a transformation in how auditors perform their duties. It enhances connectivity, utilizes automation to boost time spent on areas needing judgment, and aids in enhancing analysis and insight.
"The Influence of Disruptive Technologies on the Financial Services Industry and Auditing Standards", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.7, Issue 5, page no.305-312, May-2022, Available :http://www.ijnrd.org/papers/IJNRD2205032.pdf
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2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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