The Impact of Block chain Technology on Audit Quality: An Empirical Study

DOI: https://doie.org/10.1127/ES.2024991612

Dr. Komati Durga Prasad, Dr. Banda Rajani, Dr. Soofi Asra Mubeen

Keywords:

Block chain technology. Audit quality. Fraud. JEL Classification: M 40, M41, M42

Abstract:

This paper aims to bridge this gap by providing an empirical analysis of the impact of block chain technology on audit quality. Block chain technology, originally conceived as the backbone for cryptocurrencies like Bitcoin, has emerged as a disruptive innovation with far-reaching implications across various industries. The main objective of the study is to investigate the impact of black chain technology on audit quality in the accounting and auditing industry. The findings from this study provide compelling evidence that block chain technology positively impacts audit quality. The significant improvements in transparency, efficiency, and fraud detection suggest that block chain can address many of the traditional challenges in auditing.

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