Auditors’ Adoption of Blockchain Technology: A Study on Antecedents
Ahmad Hussein Juma’h, Yuan Li · Journal of the Association for Information Systems · 2020
In this study, we examine the adoption of Blockchain Technology (BC) by auditors as BC has the potentials to fundamentally change the auditing industry. We first examine auditors’ knowledge in accounting and auditing, their experience in using accounting software, and their general knowledge of BC. We suggest that these factors have a positive impact on BC adoption intention. We also examine auditors’ judgments regarding the sampling size of transactions considering the materiality concept. Lastly, we consider the roles of auditors’ degrees of professional skepticism (PS), defined in professional standards as having a questioning mind and critically assessing evidence. We suggest that both materiality and PS have a negative impact on BC adoption. A survey is conducted among internal and external auditors to collect empirical data to test our research model. The study recognizes some crucial factors that influence auditors’ adoption of BC, providing guidance for research and practice.