THE IMPACT OF BLOCKCHAIN TECHNOLOGY ON ACCOUNTING TRANSPARENCY AND AUDIT EFFICIENCY

Authors

  • Kimsanova Gulsanam Andijon state universitety faculty of law and Economics First-year student of Accounting

Keywords:

Blockchain technology, accounting transparency, audit efficiency, immutability, smart contracts, real-time auditing, financial reporting, triple-entry accounting.

Abstract

Blockchain technology is poised to revolutionize accounting and auditing by introducing immutable, transparent, and decentralized record-keeping. This paper examines the impact of blockchain on accounting transparency and audit efficiency through a systematic literature review. Key features such as immutability, real-time data access, and smart contracts significantly enhance data reliability, reduce fraud risks, and streamline audit processes, with reported reductions in audit time by 30-70%. However, challenges including integration issues, regulatory uncertainty, scalability, and skill gaps remain. The analysis highlights blockchain’s transformative potential while acknowledging barriers to widespread adoption.

References

Lukman, A. Impact of Blockchain Technology on Audit Quality and Efficiency.

Sheela, S. Blockchain’s Impact on Accounting and Auditing Practices.

Additional sources: World Bank reports, MDPI journals, and Big Four industry publications

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Published

2026-05-02

How to Cite

Kimsanova Gulsanam. (2026). THE IMPACT OF BLOCKCHAIN TECHNOLOGY ON ACCOUNTING TRANSPARENCY AND AUDIT EFFICIENCY. Ethiopian International Journal of Multidisciplinary Research, 13(5), 66–67. Retrieved from https://www.eijmr.org/index.php/eijmr/article/view/6550

Issue

Vol. 13 No. 5 (2026): Ethiopian International Journal of Multidisciplinary Research

Section

Articles