- Amer Mansoor Hasoon1, Ayad Raheem jalfan2, Maytham Bader Bawie Al-Sfan3
- 1College of Administration and Economic,University of Al-Muthanna, Iraq, 2College of Science, University of Al-Muthanna,Iraq, 3College of Administration and Economics, University of Al-Qadisiyah, Iraq
- FAR Journal of Financial and Business Research (FARJFBR)
- DOI
The research aims to highlight the increasing interest of academic and professional researchers in digital transformation technologies, most notably Blockchain Technology (Block Chain), and to clarify its role in activating one type of financial auditing, namely Continuous Auditing. To achieve this objective, the descriptive-analytical methodology was adopted due to its suitability for the nature of the research. A questionnaire was used as a tool for data collection and analysis. The population size consisted of 120 accounting specialists at Al-Muthanna University. A random sample of 92 questionnaires was distributed, of which 89 were returned completed, and 3 were invalid. The researchers employed Cronbach’s alpha coefficient, normal distribution tests, and SPSS software version 25 (SPSS.V.25). The study reached several conclusions, the most important of which are: there is a significant effect of Blockchain Technology on continuous auditing at the surveyed university. The clear lack of interest in digital transformation technologies, especially Blockchain Technology, by the surveyed university leads to and significantly affects the weak interest in activating continuous auditing due to the unavailability of necessary requirements, particularly technological infrastructure, training, and awareness for personnel, in addition to the required technical expertise. The research recommended the necessity of providing the requirements for implementing continuous auditing processes through the establishment of an independent management for internal audit departments and the availability of qualified and experienced human resources capable of handling information in an electronic environment. It also emphasized the need for the availability of ready programs and technologies to achieve the objectives of auditing operations, such as Blockchain Technology
