Aug 2026· Development Through Research and Innovation IDSC-2026· pp. 516-521· 0 citations· 7 references
TL;DR
The analysis highlights that blockchain acts as a structural driver of accounting transformation, but its effectiveness depends on the alignment between technological development, the institutional framework, and the adaptation of professional practices.
Abstract
The integration of emerging technologies into accounting and auditing represents a major global challenge, reflecting the ability of financial and organizational systems to adapt to digitization processes. In this context, blockchain technology is considered a key driver of digital transformation, contributing to the redefinition of accounting practices and the enhancement of the reliability of financial information. This study analyzes recent literature on the use of blockchain technology in accounting and auditing, highlighting the main research directions, methodologies used, and implications for professional practices. The research explores how this technology influences accounting and auditing processes, as well as the relationship between digitization, automation, and increased transparency of financial information. The results indicate that blockchain facilitates the development of real-time accounting and continuous auditing, contributing to increased data security and process automation. At the same time, integration with artificial intelligence improves analytical capabilities and risk identification processes. However, the implementation of this technology highlights the existence of persistent challenges related to the regulatory framework, implementation costs, and the level of digital skills. The analysis highlights that blockchain acts as a structural driver of accounting transformation, but its effectiveness depends on the alignment between technological development, the institutional framework, and the adaptation of professional practices
It is concluded that blockchain redefines, rather than eliminates, the role of accountants and auditors, and that its consolidation will depend on regulatory progress, curricular updates, and further empirical evidence on its real-world implementation across diverse institutional contexts.
Sandra Patricia Toala Bozada, Maryury Elizabeth Morejón Santistevan, Laura Beatriz Farfán Menéndez et al.· Reincisol.· 0 citations
The research results highlight that respondents perceive blockchain as a technology with significant potential to increase transparency, data security, and trust in financial reporting and indicate the existence of significant challenges regarding the implementation of this technology, including low levels of digital literacy, high implementation costs, and an inadequate regulatory framework.
Violeta Codrean· Development Through Research...· 0 citations
This article examines how the adoption of blockchain technology influences audit efficiency and fraud detection within modern accounting practice. As financial transactions increasingly move into distributed ledger environments, external auditors are compelled to revisit the assumptions, procedures, and tools that underpin traditional assurance work. Through a systematic review of contemporary auditing, accounting information systems, and financial technology literature, this study identifies the mechanisms through which blockchain reshapes the audit process. The findings indicate that blockchain adoption enhances efficiency primarily by enabling real-time access to immutable transaction records, reducing reliance on sampling-based procedures, automating control testing through smart contracts, and facilitating continuous auditing. At the same time, the technology strengthens fraud detection capacity by improving the traceability of transactions, increasing the difficulty of retroactive manipulation, and supporting forensic analysis of anomalous patterns. However, the realization of these benefits is conditional on several factors, including auditor competence, integration with legacy systems, regulatory clarity, data privacy constraints, and the risk that fraud shifts to points where the blockchain boundary intersects with off-chain processes. The review concludes that blockchain does not eliminate the need for professional skepticism; rather, it redefines the focus of auditor judgment from verifying recorded transactions to evaluating the reliability of the underlying technology environment and its governance. Practical implications for audit firms, standard-setting bodies, and regulators are discussed.
H. Nurhadi, Mahdi Mahdi, Irdawati Irdawati et al.· LANCAH: Jurnal Inovasi dan T...· 0 citations
Blockchain technology has emerged as a transformative innovation that is reshaping financial systems by improving transparency, security, and accountability. This study examines the role of blockchain technology in enhancing financial transparency at Deloitte, with a focus on its applications in financial reporting, auditing, transaction verification, and regulatory compliance. The research explores how blockchain's decentralized and immutable ledger system reduces the risk of fraud, minimizes human errors, and enables real-time monitoring of financial transactions. A quantitative research approach is adopted using structured questionnaires to collect data from employees and professionals familiar with blockchainenabled financial processes. The collected data are analyzed using descriptive statistics and graphical representations to evaluate the effectiveness of blockchain in promoting transparent financial operations. The findings indicate that blockchain technology significantly improves data integrity, audit efficiency, transaction traceability, and stakeholder confidence while reducing operational costs and reconciliation efforts. However, challenges such as implementation costs, scalability issues, regulatory uncertainty, and the need for skilled professionals continue to influence its adoption. The study concludes that blockchain has substantial potential to strengthen financial transparency within organizations such as Deloitte by creating a secure, reliable, and tamper-resistant financial ecosystem. The research also provides recommendations for organizations seeking to integrate blockchain into their financial management and governance practices.
Saba Fatima, A. K. Reddy, B. Vijay· American Journal of Manageme...· 0 citations
The findings indicate that the main trends in blockchain usage include strengthening audit trails, verifying encrypted data, and integration with advanced technologies such as Artificial Intelligence (AI), Internet of Things (IoT), and smart contracts, which enhance audit efficiency, security, and transparency.
Abdul Rasak, Ayu Dhina Anggraeni, Namra et al.· Global Conference on Busines...· 0 citations
The rapid advancement of digital technologies has transformed the financial services industry by improving operational efficiency, customer experience, and data management. Among these technologies, blockchain technology has emerged as a revolutionary innovation that enhances financial transparency, security, accountability, and trust through its decentralized and immutable ledger system. Financial institutions are increasingly exploring blockchainbased solutions to improve transaction integrity, reduce fraud, streamline auditing processes, and ensure compliance with regulatory requirements. This study, titled "A Study on Blockchain Technology and Its Role in Enhancing Financial Transparency at Bajaj Finserv," examines the significance of blockchain technology in strengthening transparency within the financial operations of Bajaj Finserv. The research analyzes the core features of blockchain, including decentralization, cryptographic security, immutability, smart contracts, and realtime transaction recording, and evaluates their contribution to improving financial reporting, auditability, and operational efficiency. The study further investigates the potential benefits and challenges associated with blockchain adoption, such as implementation costs, regulatory concerns, scalability issues, data privacy, and technological integration. In addition, the research explores how blockchain can minimize financial fraud, enhance customer confidence, improve regulatory compliance, and support secure digital financial services. The findings indicate that blockchain technology has significant potential to improve financial transparency by providing accurate, tamper-proof, and verifiable financial records while enabling efficient and secure business operations. Although certain technical and regulatory challenges remain, the study concludes that blockchain represents a strategic technological solution for strengthening transparency, governance, and long-term sustainability in the financial services sector. The research provides valuable insights for financial institutions, policymakers, technology professionals, and researchers seeking to leverage blockchain for building transparent, reliable, and digitally resilient financial ecosystems.
Parki Karteek, A. A. K. Reddy, T. Meghana· International Journal of Eng...· 0 citations
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