The Impact of Applying Blockchain Technology on the Quality of the Auditing Process” (A Field Study on the Federal Auditing Bureau in the Republic of Iraq)

Abstract

Blockchain technology has great and important capabilities through identifying financial data more quickly and accurately, and its use in financial institutions will help make this data transparent, secure and unchanging, so this technology can be controlled by a decentralized ledger, as this is considered Technology is one of the important techniques for accountants and auditors, through how information is integrated and transferred from operations to users.

    The researcher aimed of study The Impact of Blockchain Technology on Auditing Quality Using Accounting Information Accuracy in financial institutions by carrying out two type's studies: a theoretical study and field study. Therefore, the researcher use the most important studies, research and other Arab and a foreign references related for the subject of the study, In order to, achieve  objectives to the study, the analytical descriptive approaches was relied upon to describe the categories to the study sample, and their responses to the dimensions and variables to the study, as well as, of test the study hypotheses and analyze a results that were reached, Where the questionnaire method was use to collect data from the sample subject of the field study, which numbered (140) samples of those who meet the demographic characteristics of employees working in Federal Board of Supreme Audit, after that field study data was analyzes statistically using the "spss" package, With regard to the research hypothesis, the results indicated that there is sufficient evidence in the sample data to reject the null hypothesis and accept the alternative hypothesis, which proves the effect statistically. This means that there is a statistically significant effect of blockchain technology on the quality of the auditing process, and therefore the research hypothesis is accepted.

     Where it was recommended to strive towards increasing the application of blockchain technology in financial institutions to take advantage of the advantages it achieves in the field a quality of the auditing process in data of a financial nature, as well as the need to develop audit methods and programs in accordance with the blockchain technology.

Key Words: Blockchain Technology, Auditing Quality.