Financial technologies (Fintech) in accounting and auditing: The role of behavioral patterns and moderators

Document Type : Review Article


1 Lecturer, Accounting, Payam Noor University, Tehran, Iran

2 PhD Student of Accounting, Islamic Azad University, Khomeyn, Iran


Financial technologies (FinTech) are currently transforming the entire financial industry and have the potential to change not only the principles of some financial products, but also the basic features of the financial system. Fintech plays an important role as a financial intermediary for society and people 's daily activities around the world. Some of the innovations in business processes and financial technology include artificial intelligence, big data, blockchain, cryptocurrency, initial coin offering, Internet of Things, machine learning and robo-advisory; that in predicting the value of the company and financial helplessness; Increasing transparency and improving the quality and quantity of financial reporting; formation of optimal stock portfolio; Facilitating the attraction of capital; improve cost management and process management; increasing data security; strengthening the effectiveness and efficiency of internal controls, reducing the risk of distortion and audit risk; more accurate and reliable tax forecasts by the government for budgeting; It is also effective to obtain environmental benefits. Considering the leap that the world has had in the use of innovations in the field of financial technology and its potential capacity in advancing the goals of accounting and auditing as well as the formation of start-up businesses in the field of modern financial technologies in Iran, identifying, understanding and predicting people's behavior and encouraging them to accept And the use of these technologies is essential for the development of sustainability and competitive advantage as well as social welfare. The current research, by reviewing related texts and records, describes these theories and factors affecting the use of technology in various dimensions, including personal factors, environmental characteristics, and moderators such as age, gender, and experience of users; Also, the comparison of conceptual models and the evolution of these models has been discussed so far, which is also the innovation and knowledge-enhancing aspect of the current research.


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