MyProof use case

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.

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. Your role is to guarantee the reliability of financial information while complying with strict standards.

In an environment where the manipulation of sensitive data is commonplace, you need to ensure the authenticity and inalterability of audit reports. The stakes are many: preventing fraud, demonstrating auditor independence, and providing a clear and indisputable audit trail.

Financial auditors

You need to certify the accuracy of financial statements and guarantee the integrity of your audit reports.

Financial managers

You need to prove the reliability of your company's financial data to stakeholders.

Controllers

You require irrefutable proof of the integrity of audit reports to ensure regulatory compliance.

Investors

You need solid guarantees on the authenticity of financial information to make informed decisions.

Have a question? Talk to a MyProof expert.

Challenge & solution

Blockchain time-stamping: guaranteeing the integrity of financial audit reports

Challenge

Challenge for financial audit firms

As a financial auditor, you face major challenges in managing and validating audit reports:

Ensure the integrity and authenticity of financial documents
Prove the exact creation or modification date of reports
Prevent unauthorized alteration of financial data
Meet regulatory traceability requirements

One of our customers recently shared with us a situation where the date of an audit report was called into question during a tax audit, jeopardizing the credibility of the entire audit process.

Solution

Solution selected: Time-stamping

MyProof meets these challenges with its blockchain time-stamping functionality for financial audit reports:

Unalterable certification: Each report is time-stamped in the blockchain, creating irrefutable proof of its existence at a specific point in time.
Instant check : you can prove the authenticity and integrity of your reports in just a few clicks.
Full traceability : every modification is recorded, enabling you to track the evolution of your documents over time.
Regulatory compliance : blockchain time-stamping meets the most stringent traceability and auditing requirements.

This solution enables you to enhance the reliability of your financial audits, by guaranteeing the integrity and exact date of your reports throughout the process.

Implementation

Time-stamping for financial audit firms

MyProof's blockchain time-stamping is a key feature for financial audit firms. It anchors the digital footprint of your reports immutably in the blockchain, creating irrefutable proof of their existence at a specific point in time.

This technology enables you to demonstrate the anteriority of your documents, prevent unauthorized alteration and reinforce your customers' confidence in the integrity of your audit processes.

1

Report selection

Select the financial audit report to be time-stamped in your MyProof space.

2

Print generation

The system automatically calculates a unique digital fingerprint of the document.

3

Anchored in blockchain

The fingerprint is recorded in the blockchain, creating an unalterable timestamp.

4

Time-stamping certificate

A certificate detailing the timestamp is generated, providing verifiable proof of the report's existence on a specific date.

Benefits

Blockchain time-stamping for financial audit integrity

Blockchain time-stamping provides irrefutable proof of the existence and content of your audit reports at any given time, reinforcing their probative value in the event of litigation.

Each version of your reports is time-stamped, enabling you to precisely track the evolution of your documents and detect any unauthorized alterations.

The use of blockchain time stamping helps you meet documentation and audit evidence retention requirements, facilitating quality reviews and regulatory inspections.

The transparency offered by blockchain time-stamping strengthens your customers' confidence in the integrity of your auditing processes, making it easier to exchange and validate reports.

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.

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.

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.

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.

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.