Toward Blockchain-Based Accounting and Assurance.

• Autores: Jun Dai, Miklos A. Vasarhelyi
• Localización: Journal of information systems, ISSN 0888-7985, Vol. 31, Nº. 3, 2017, págs. 5-21
• Idioma: inglés
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• Dialnet Métricas: 17 Citas
• Resumen

  • Since 2009, blockchain has served as a potentially transformative information technology expected to be as revolutionary as the Internet. Originally developed as a methodology to record cryptocurrency transactions, blockchain's functionality has evolved into a large number of applications, such as banking, financial markets, insurance, voting systems, leasing contracts, and government service. Despite such advancements, the application of blockchain to accounting and assurance remains under-explored. This paper aims to provide an initial discussion on how blockchain could enable a real-time, verifiable, and transparent accounting ecosystem. Additionally, blockchain has the potential to transform current auditing practices, resulting in a more precise and timely automatic assurance system. [ABSTRACT FROM AUTHOR]