THE USE OF INFORMATION TECHNOLOGIES IN ACCOUNTING AND AUDITING: A COMPARATIVE ANALYSIS OF TÜRKİYE AND AZERBAIJAN

Abstract

The integration of information technologies into accounting and auditing processes enhances economic efficiency by improving the accuracy, speed, and transparency of financial transactions. In developing economies, these technologies have become indispensable for achieving global competitiveness and ensuring regulatory compliance. Although Türkiye and Azerbaijan differ in terms of their economic structures and technological infrastructure, both countries have made significant progress in digital transformation. However, challenges related to the adoption of these technologies by small and medium-sized enterprises (SMEs), as well as cybersecurity risks, continue to limit the effectiveness of their implementation. Innovations such as cloud computing, artificial intelligence, and data analytics automate accounting processes, reduce error rates, and enable real-time access to financial information. In auditing, blockchain technology and big data analytics enhance traceability and transparency, thereby strengthening the reliability of audit outcomes. The adoption of these technologies contributes to cost savings while accelerating decision-making processes.

This study aims to provide valuable insights for accounting professionals, business organizations, and policymakers in Türkiye and Azerbaijan. The research findings offer recommendations on the effective use of information technologies in accounting and auditing processes, thereby assisting organizations in optimizing their financial operations. Furthermore, the study may serve as a guideline for legislators and auditing authorities in both countries in developing policies that encourage the integration of information technologies into accounting and auditing practices (Deloitte, 2023). The comparative analysis of Türkiye and Azerbaijan identifies best practices that each country can adopt from the other, thereby fostering regional cooperation. Finally, the study seeks to contribute to the academic literature and establish a foundation for future research on the application of information technologies in accounting and auditing.