MyProof use case

Blockchain time-stamping for financial statements

To verify the authenticity of accounting documents, the financial audit firms are turning to blockchain time-stamping. This technology records the digital footprint of reports on a distributed register, offering traceability of financial statements.

Blockchain time stamping certifies the existence of a document at a given moment and guarantees its integrity. It provides proof of the chronology of changes made to reports. Auditors can thus review historical financial records and identify any unauthorized modifications, reinforcing the reliability of the audit process.

Sector & stakeholders

Software for financial audit firms

Visit financial audit firms are facing increasing demands in terms of the integrity and traceability of financial data. In an environment where trust is paramount, you need to guarantee the authenticity and immutability of the financial documents you process.

Blockchain time-stamping meets these challenges by providing irrefutable proof of the existence and integrity of financial statements at a specific point in time. This technology enables you to strengthen the reliability of your audits and meet ever more stringent regulatory standards.

Financial auditors

You need to prove the integrity of the financial documents under review, and ensure that they remain unaltered throughout the audit process.

Financial managers

You want to secure your financial statements and demonstrate their authenticity to stakeholders, including investors and regulators.

Chartered accountants

You need to ensure the traceability of accounting documents and prove their existence on specific dates, particularly for tax returns.

Statutory Auditors

You need a reliable tool to certify the accuracy and fairness of your accounts at key moments in the financial year.

Have a question? Talk to a MyProof expert.

Challenge & solution

Securing the integrity of financial statements with blockchain time stamping

Challenge

Challenge for financial audit firms

As a financial audit firm, you face a major challenge: guaranteeing the integrity and traceability of your clients' financial statements.

Traditional methods have several limitations:

Difficulty proving the temporal accuracy of financial documents
Risk of undetected data manipulation after production
Lack of transparency in the audit process for stakeholders

One of our customers recently shared with us that he had to face charges of document falsification, because he couldn't prove the exact date of creation of a crucial financial report.

Solution

Solution selected: Time-stamping

To meet these challenges, MyProof offers a blockchain time-stamping solution specifically designed for financial statements. This technology offers you:

Indisputable proof of existence: each document is recorded in the blockchain, creating a unique, time-stamped digital footprint.
Independent verification : document integrity can be verified by third parties without access to the original data.
Unchanging audit trail: all document-related actions are recorded chronologically and unalterably.
Enhanced compliance : blockchain time-stamping helps meet regulatory requirements for the retention and integrity of financial data.

This approach enables you to build confidence in your audit processes, by providing irrefutable proof of the existence and integrity of financial statements at a specific point in time.

Implementation

Time-stamping for financial audit firms

MyProof's blockchain time-stamping creates a unique digital fingerprint of each financial document, and registers it immutably on the blockchain. This technology provides irrefutable proof of the existence and integrity of financial statements at a given point in time, without revealing their content.

This feature is particularly useful for financial auditing firms who need to demonstrate the non-alteration of financial documents over time, thereby reinforcing stakeholder confidence in the audit process.

1

Document selection

You select the financial statements to be time-stamped in your MyProof space.

2

Print generation

The system creates a unique digital fingerprint for each document selected.

3

Registration on the blockchain

The fingerprint is recorded in the blockchain, creating a proof of existence at a given moment.

4

Time-stamping certificate

A certificate is generated, detailing time-stamping information for each document.

Benefits

Blockchain time-stamping for financial audit integrity

Blockchain time stamping provides irrefutable proof of the existence and content of financial statements at a specific point in time, reinforcing the credibility of your audits.

Each version of the financial documents is time-stamped, enabling us to precisely track the evolution of the financial statements and detect any unauthorized alterations.

Using blockchain timestamping helps you meet the most stringent auditing standards and demonstrate your commitment to financial transparency.

Document integrity checks become instantaneous, reducing the time spent on manual checks and speeding up your audit cycles.

Access the platform

Discover the power of MyProof to secure your critical data. Our intuitive solution will enable you to protect, certify and share your sensitive information with complete confidence.

Use cases

Other use cases for MyProof in financial audit firms

Financial audit firms have to manage confidential financial information while ensuring data integrity and traceability. Our financial audit solution meets requirements for confidentiality, regulatory compliance and secure collaboration with customers and teams.

Secure storage of evidence of financial fraud

Visit financial audit firms frequently manage sensitive data linked to accounting irregularities. Our platform offers a solution for managing and preserving evidence in the event of financial malpractice.

Here are the main features:

- Organization of digital fraud files
- Document access rights management
- Preserving the authenticity of evidence

This solution for securely storing evidence of financial fraud enables auditors to gather and protect evidence in a secure digital space. This facilitates the examination of evidence and its use in legal proceedings.

French cloud for backing up accounting documents

Visit financial audit firms require reliable solutions to protect their data. MyProof, a French cloud for backing up accounting documents, meets this safety requirement.

Our platform, hosted in France, ensures the protection of financial information and complies with current regulations. MyProof users have a secure space in which to store their accounting files, guaranteeing :

Data confidentiality
Information integrity
Document accessibility

This solution enables professionals to manage their digital archives with complete peace of mind, while complying with security and compliance standards.

Secure drive for protecting audit reports

Financial audit firms handle sensitive data on a daily basis. To guarantee the protection of this information, MyProof offers a digital storage solution comprising :

Encrypted storage space for accounting documents
An automatic backup mechanism
An access rights management system

This document management platform meets auditors' needs for secure financial data. Users benefit from secure drive to host their reports and confidential information, ensuring the integrity and confidentiality of audits.

Alternative to the solar envelope for accounting documents

To guarantee the integrity of financial documents, the certified accountants are looking for alternatives to the Soleau envelope. Blockchain technology offers a digital solution for certifying accounting documents.

MyProof uses theblockchain time-stamping to replace traditional methods of preserving evidence. This system enables financial professionals to :

Certify the existence of a document on a specific date
Check file integrity over time
Securing sensitive financial data

This digital approach meets audit firms' needs for traceability and protection of accounting information, while adapting to the demands of the digital world.

Blockchain time-stamping for financial audit reports

Visit financial audit firms are looking for ways to certify their reports. Our technology meets this need by using blockchain time-stamping for financial audit reports.

This system records the creation and content of documents in a decentralized register. In this way, it ensures their authenticity and immutability over time.

Auditors obtain verifiable proof of the existence and integrity of their reports at a specific point in time. This strengthens the credibility of their financial assessments and facilitates regulatory compliance.

Secure file sharing for financial reporting

Visit financial audit firms regularly manage sensitive accounting data on behalf of their customers. MyProof offers a solution for improving collaboration and maintaining confidentiality during the creation of financial reports.

Our platform provides a digital infrastructure for the exchange and storage of accounting documents. It simplifies the preparation of balance sheets and financial statements, while protecting information from unauthorized access. Users benefit from secure dataroom for sharing sensitive filesThis makes it easier to work together on financial issues.

datarooms software for collaboration between audit teams

Visit financial audit firms optimize their processes with the right digital solutions. The benefits of datarooms software for collaboration between audit teams :

File storage in a protected environment
Simplified communication between stakeholders
Authorization control for confidential data

MyProof integrates these functionalities and tracks changes made to documents. This platform enables professionals to carry out their audits in compliance with financial information protection requirements.

Secure datarooms for storing financial audit reports

Visit financial audit firms need reliable solutions to manage their confidential data. Our platform meets this need by offering :

Secure archiving of audit reports
Controlled sharing of financial information
Preserve the integrity of accounting documents

Visit secure dataroom from MyProof centralizes files in a protected virtual environment. This solution facilitates collaboration between teams, while ensuring strict control of access to sensitive information. Users can thus carry out their audit missions in full compliance with security and confidentiality standards.