Enhancing Financial Statement Quality With Blockchain Technology
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Date
2024-12-15
Authors
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Journal ISSN
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Publisher
جامعة الوادي University of Eloued
Abstract
This study examines how blockchain can be linked to financial statements, including the income
statement, balance sheet, statement of changes in equity, and statement of cash flows. The study sample
included banks, financial institutions, and stock exchange intermediaries in Algeria. The results showed that
factors such as security, privacy, transparency, auditability, immutability, cost reduction, real-time transactions,
and flexibility are likely to influence the adoption of blockchain technology, which can have a positive impact on
financial performance and competitive advantage for banks.
Description
Keywords
blockchain, financial statements, audit, Distributed Ledger Technology
Citation
Azzoune, Nabila. Meghdouri ,Chahrazed . Enhancing Financial Statement Quality With Blockchain Technology . AL-Manhel Economique. Vol. 07. N. 02. 15 December 2024. faculty of economie commercial and management sciences. university of el oued .