The impact of using blockchain for audit on the credibility of accounting information

Abstract

This research aims to examine the impact of using block chain technology to audit the credibility of financial information in Iraqi commercial banks. The study focuses on the banking sector, specifically the commercial banks listed on the Iraq Stock Exchange, which numbered 25 banks at the end of 2023. The research community includes managers, deputy managers, accountants, and internal auditors working in these commercial banks. Arithmetic means and relative weights were analyzed using SPSS to derive the results. One of the research's main findings is the existence of a statistically significant positive correlation between block chain technology for auditing and the credibility of accounting information, with a correlation coefficient of (0.680). This indicates a strong positive correlation between block chain technology for auditing and the credibility of accounting information. The study recommends highlighting the importance of block chain technology for auditing and its role in the credibility of accounting information through lectures, conferences, seminars, and training courses.