Benefits of using Blockchain technology as an accounting auditing instrument
Purpose: Analyze the possible benefits of using Blockchain technology as a tool for accounting auditing. Methodology: In order to achieve the objective of this study, a theoretical essay was conducted through a selection of national and international literature on accounting auditing and the pote...
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| Format: | Article |
| Language: | Portuguese |
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Universidade Federal do Rio Grande do Norte
2021-01-01
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| Series: | Revista Ambiente Contábil |
| Subjects: | |
| Online Access: | https://periodicos.ufrn.br/ambiente/article/view/23626 |
| _version_ | 1797948470961635328 |
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| author | Maervelym Pâmella de Andrade Simões Janeide Albuquerque Cavalcanti Janaina Ferreira Marques de Melo Cristiane Queiroz Reis |
| author_facet | Maervelym Pâmella de Andrade Simões Janeide Albuquerque Cavalcanti Janaina Ferreira Marques de Melo Cristiane Queiroz Reis |
| author_sort | Maervelym Pâmella de Andrade Simões |
| collection | DOAJ |
| description | Purpose: Analyze the possible benefits of using Blockchain technology as a tool for accounting auditing.
Methodology: In order to achieve the objective of this study, a theoretical essay was conducted through a selection of national and international literature on accounting auditing and the potential benefits of Blockchain technology, analyzing the relationship of these potential benefits with the procedures adopted by the accounting auditor.
Results: Findings from the literature show that despite the complexities, Blockchain technology offers an opportunity to improve financial reporting and audit processes. Adoption of this technology may allow auditors to develop procedures to obtain audit evidence directly from Blockchains and to adapt procedures to reap its benefits, as well as address incremental risks and that while the audit process may become more continuous, auditors may They will still have to apply professional judgment in analyzing accounting estimates and other judgments made by management in preparing the financial statements.
Contributions of the Study: It is believed that this work contributes to an active and continuous dialogue regarding the use of Blockchain in audit processes, as well as the knowledge of advantages that this technology offers to professionals, as well as arouse the interest of research on the use of Blockchain technology in accounting auditing. |
| first_indexed | 2024-04-10T21:43:50Z |
| format | Article |
| id | doaj.art-9f9393009b8a49e89829a1417123ccaa |
| institution | Directory Open Access Journal |
| issn | 2176-9036 |
| language | Portuguese |
| last_indexed | 2024-04-10T21:43:50Z |
| publishDate | 2021-01-01 |
| publisher | Universidade Federal do Rio Grande do Norte |
| record_format | Article |
| series | Revista Ambiente Contábil |
| spelling | doaj.art-9f9393009b8a49e89829a1417123ccaa2023-01-18T20:28:38ZporUniversidade Federal do Rio Grande do NorteRevista Ambiente Contábil2176-90362021-01-0113110.21680/2176-9036.2021v13n1ID2362619509Benefits of using Blockchain technology as an accounting auditing instrumentMaervelym Pâmella de Andrade Simões0https://orcid.org/0000-0001-8976-4047Janeide Albuquerque Cavalcanti1https://orcid.org/0000-0002-4635-6550Janaina Ferreira Marques de Melo2https://orcid.org/0000-0002-9265-6861Cristiane Queiroz Reis3https://orcid.org/0000-0003-2061-9575Graduated in Accounting from the Federal University of Campina Grande (UFCG). Master in Informatics from the Federal University of Campina Grande (UFCG). Master in Production Engineering from the Federal University of Paraíba.Master in Agroindustrial Systems from the Federal University of Campina Grande (UFCG). Purpose: Analyze the possible benefits of using Blockchain technology as a tool for accounting auditing. Methodology: In order to achieve the objective of this study, a theoretical essay was conducted through a selection of national and international literature on accounting auditing and the potential benefits of Blockchain technology, analyzing the relationship of these potential benefits with the procedures adopted by the accounting auditor. Results: Findings from the literature show that despite the complexities, Blockchain technology offers an opportunity to improve financial reporting and audit processes. Adoption of this technology may allow auditors to develop procedures to obtain audit evidence directly from Blockchains and to adapt procedures to reap its benefits, as well as address incremental risks and that while the audit process may become more continuous, auditors may They will still have to apply professional judgment in analyzing accounting estimates and other judgments made by management in preparing the financial statements. Contributions of the Study: It is believed that this work contributes to an active and continuous dialogue regarding the use of Blockchain in audit processes, as well as the knowledge of advantages that this technology offers to professionals, as well as arouse the interest of research on the use of Blockchain technology in accounting auditing.https://periodicos.ufrn.br/ambiente/article/view/23626accounting audit. blockchain technology. |
| spellingShingle | Maervelym Pâmella de Andrade Simões Janeide Albuquerque Cavalcanti Janaina Ferreira Marques de Melo Cristiane Queiroz Reis Benefits of using Blockchain technology as an accounting auditing instrument Revista Ambiente Contábil accounting audit. blockchain technology. |
| title | Benefits of using Blockchain technology as an accounting auditing instrument |
| title_full | Benefits of using Blockchain technology as an accounting auditing instrument |
| title_fullStr | Benefits of using Blockchain technology as an accounting auditing instrument |
| title_full_unstemmed | Benefits of using Blockchain technology as an accounting auditing instrument |
| title_short | Benefits of using Blockchain technology as an accounting auditing instrument |
| title_sort | benefits of using blockchain technology as an accounting auditing instrument |
| topic | accounting audit. blockchain technology. |
| url | https://periodicos.ufrn.br/ambiente/article/view/23626 |
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