The Role of Blockchain Technology in Electronic Auditing - An Analytical Study of a Sample of Iraqi Private Commercial Banks

Abstract

 The study aims to analyze the relationship between blockchain technology and electronic auditing. To test the study's hypotheses, an electronic questionnaire was distributed to a purposive sample representing the community of private commercial banks registered with the Iraq Stock Exchange. The study sample will be limited to employees who have the authority to participate, namely managers, heads of departments and divisions, auditors, and accountants. This is due to senior management's interest in developing these segments by engaging them in ongoing workshops to keep pace with the development of regional and global banking systems. The number of questionnaires reached (182) questionnaires, which were obtained based on the study sample's response to what was appropriate for the study's objective. Statistical programs such as SPSS.ver.26 and EViews were used to achieve the study's objectives. The most important results reached by the study are that blockchain technology represents the foundation for robust financial systems and the provision of banking services around the clock without limits. This has contributed to an increase in the volume of banking transactions, reflecting its positive impact on achieving sustainability by improving the quality and efficiency of banking services, increasing profits, and facilitating market entry. Locally and globally, saving time and effort.