The Impact of Using Blockchain on the Quality of Internal Electronic Auditing from the Perspective of Jordanian Certified Public Accountants

Abstract

This study aimed to determine the impact of blockchain technology, with its dimensions of decentralization, transparency, traceability, and reliability, on the quality of internal electronic auditing from the perspective of Jordanian certified public accountants. The study employed a descriptive-analytical approach, deemed the most suitable for its objectives, questions, and hypotheses. The study population comprised all 688 Jordanian certified public accountants. Primary data was collected via an online questionnaire from a sample of 248 individuals. The Statistical Package for the Social Sciences (SPSS) was used to analyze the data. The study's key findings included a statistically significant impact of blockchain technology on the quality of internal electronic auditing. Furthermore, the analysis revealed a positive impact of decentralization, transparency, traceability, and reliability on the quality of electronic internal auditing.The study recommends adopting a comprehensive and integrated strategy for utilizing blockchain technology due to its potential for providing high-quality information. It also recommended raising awareness among Jordanian companies about the importance of electronic internal auditing, which enhances the accuracy and integrity of financial and operational data and assists decision-makers in making informed financial decisions.