Challenges facing accounting and auditing in light of digital currencies - a field study

Abstract

The research aims to know the most important challenges facing accounting and auditing in digital transformation, especially because digital currencies have an impact on current and future developments as they are modern and contemporary topics. The most important effects on the financial reports are the transformation process and the possibility of controlling this transformation. The research used the questionnaire as a basic measurement tool for data collection that was employed to test the research hypotheses. (80) questionnaires were distributed to a group of academics and professionals(There is an impact of digital currencies on accounting and auditing, the challenges that have been identified lie in evaluating and disclosing digital currencies and the risks facing the business environment, that dealing with digital currencies has become a feature of the times, especially after the technical development that occurs in all aspects of life, considering digital currencies one of the most assets It is dangerous and must be subjected to its own standards, and the lack of knowledge of the accounting and auditing staff with the procedures related to digital currencies).