Enhancing Accounting Functions through Blockchain Technology
DOI:
https://doi.org/10.24086/cuejhss.v9n2y2025.pp1-7Keywords:
Accounting jobs, Blockchain, Transparency and trust, Audit, Smart contractsAbstract
This research attempts to analyze the role of Blockchain technology in improving accounting systems. This is done by investigating the impact of adopting this technology on fraud detection, data transparency, audit efficiency, and overall accountability. The research used a structural model to analyze the relationships between variables based on survey data collected from regular accountants and audit professionals. The results of the study indicate that the use of Blockchain technology improves fraud detection and data transparency but has no significant impact on audit efficiency. The study also revealed an inverse relationship between fraud detection variables and the overall performance of the accounting system, which may be due to the complexity and costs of detection processes. In light of these results, the study provides recommendations for specific policies to facilitate the introduction of Blockchain technology in accounting firms to enable them to improve their performance.
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Copyright (c) 2025 Hashem MHD Safi
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Accepted 2025-03-24
Published 2025-07-01
