The Impact of block chain technology in activating the skills of accountants and auditors:A survey study of the opinions of a sample of academics in the Iraqi universities

• Post by: Muthanna mjdes
• October 30, 2022
• Comments off

Samir E. Shaban ^*a        ,      Asmaa N. Jasim ^b   ,      Mohammed A. Hussein ^c

Al-Muthanna University / College of Administration and Economics.

Abstract                                

The research aims to test the extent of the impact of modern technologies represented by block chain technology in developing improving and changing the skill levels of accountants and auditors in the Iraqi environment.  The research hypotheses are tested by means of a questionnaire form prepared for this purpose. It has been distributed to a group of academics represented by postgraduate students and professors in the field of accounting for a sample of Iraqi universities during the year 2021. As the number of valid forms reached 104 forms, a number of conclusions are  reached namely: The technology of block chains positively affects the skills of accountants and auditors, in terms of the speed of completing financial transactions directly in a common and permanent record on the network at low cost and high quality.  In addition, it is easy to execute the accounting work and submit proposals and financial analyzes to the administrative authorities to take appropriate decisions.  The research also has reached a set of recommendations the most important of which are: The need of the companies to adopt block chain technology in practicing their financial activities to take advantage of the advantages provided by this technology and thus enhance the competitive advantage. In addition, the need for interest in developing the skills of accountants and auditors to know the block chain technology and how to deal with it through the establishment of training and scientific courses.

DOI:10.52113/6/2021-11-1/50-67