Blockchain technology in the digital auditing paradigm

The introduction of blockchain technology has ushered in a new era in the field of auditing. This study explores the multifaceted impact of blockchain technology on auditing practices, emphasizing its potential to revolutionize audit methodologies. The fundamental principles of blockchain and its im...

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Bibliographic Details
Published in:Exploring the Intersection of AI and Human Resources Management
Main Author: Ghazali A.W.; Shafie N.A.; Isa Y.M.; Johari Z.A.; Zaki H.O.; Sanusi Z.M.
Format: Book chapter
Language:English
Published: IGI Global 2023
Online Access:https://www.scopus.com/inward/record.uri?eid=2-s2.0-85183832317&doi=10.4018%2f9798369300398.ch011&partnerID=40&md5=3a54b2cbab4f1b953a3f6fa322e4e77e
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Summary:The introduction of blockchain technology has ushered in a new era in the field of auditing. This study explores the multifaceted impact of blockchain technology on auditing practices, emphasizing its potential to revolutionize audit methodologies. The fundamental principles of blockchain and its implications in the auditing domain are explored extensively. Moreover, the chapter also discusses the role of auditors in navigating the complexities of blockchain. As the digital auditing landscape evolves, blockchain emerges as a powerful tool that promises to improve the credibility of financial reporting, making it imperative for professionals, academics, and regulators. © 2024, IGI Global. All rights reserved.
ISSN:
DOI:10.4018/9798369300398.ch011