The research investigates how electronic auditing influences both the effectiveness and accuracy of accounting systems within financial institutions. The research examined contemporary electronic auditing methods with particular attention to electronic archiving functions and computer-based auditing techniques for accounting processes. This research explores how these techniques help to streamline internal control processes, boost financial report transparency and improve security measures for financial information. The study analyzes the impact of electronic auditing on institutional auditing strategies to achieve competitive advantage through provision of precise real-time information. The research analyzes electronic auditing methods including computer-assisted auditing and computer-based auditing along with parallel simulation methods while also examining how feedback improves accounting system performance. The research findings revealed that electronic auditing methods help financial institutions decrease accounting errors while simultaneously enhancing financial report accuracy and making auditing processes more efficient which establishes electronic auditing as an essential resource for management decision-making. The research findings highlighted electronic archiving as a critical tool for better document accessibility and reduced time consumption during audits.