The traditional financial bookkeeping method needs to rely on a centralized bookkeeping system, which has the risk of single point of failure and data tampering. By adopting distributed accounting technology, all participants can have identical ledgers, and any party’s accounting behavior can be quickly confirmed and verified by other nodes, greatly improving the accuracy and reliability of financial information. Therefore, this article studied distributed accounting to assist in financial digitization and information quality improvement. This article mainly used system design and data comparison to analyze the capabilities of distributed accounting systems and compare the improvement of financial information quality. Experimental data showed that in a distributed accounting system, the accuracy of financial data is over 80%, and the recall rate is over 90%. Therefore, distributed accounting technology has great potential for development, providing new standard models for financial management, improving financial digitization and information quality, and ultimately achieving automation and intelligence in finance.

Baifang Liu, Chenxi Zhou, Yajing Ji. Research on Financial Digitization and Information Quality Improvement. International Journal of Frontiers in Sociology (2023), Vol. 5, Issue 7: 144-151. https://doi.org/10.25236/IJFS.2023.050723.

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