How Blockchain Innovation could affect the Audit Profession: A Qualitative Study

Blockchain is transforming not only the way of recording, processing and storing financial transactions information, but also audit firms can practice their profession. The purpose this article to examine how technology will affect Based on a qualitative study carried out sample 17 auditors, research shows that could at six key levels. allow an auditor (1) save time improve efficiency audit, (2) favor covering whole population instead based sampling techniques, (3) focus testing controls rather than transactions, (4) set up continuous process, (5) play more strategic role (6) develop new advisory services. results underline need for establishment clear coherent legislative system standards, allowing auditors embed enhance practices. JEL Codes: M42