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The Impact of Blockchain on the Quality of Accounting Information: An Iraqi Case Study

Author

Listed:
  • Bashaer Khudhair Abbas Alkafaji

    (Department of Economics and Administrative Sciences, Ferdowsi University of Mashhad, Mashhad 9177948974, Iran)

  • Mahmoud Lari Dashtbayaz

    (Department of Accounting, Ferdowsi University of Mashhad, Mashhad 9177440964, Iran)

  • Mahdi Salehi

    (Department of Economics and Administrative Sciences, Ferdowsi University of Mashhad, Mashhad 9177948974, Iran)

Abstract

This paper aims to investigate the impact of blockchain on the quality of the information in listed and non-listed companies in Iraq; the temporal scope of this study is 2022. The statistical population of this research is divided into two parts: one part is related to the level of familiarity with blockchain technology of accountants, independent auditors, managers, etc., and the other part is related to the effect of blockchain technology on the quality of accounting information. The sample size is determined based on Cochran’s formula, among which 1528 respondents were selected as a sample size. The results of the hypothesis testing showed that in both listed and non-listed companies, familiarity with blockchain technology had increased the quality of information. In this way, blockchain technology has positively and significantly impacted the quality of accounting information. This means that the impact of IT (Blockchain) on the quality of accounting information is the same for Iraqi listed and non-listed companies. Since the current research has been investigated in an emerging market such as Iraq, it can bring helpful information to readers in this field.

Suggested Citation

  • Bashaer Khudhair Abbas Alkafaji & Mahmoud Lari Dashtbayaz & Mahdi Salehi, 2023. "The Impact of Blockchain on the Quality of Accounting Information: An Iraqi Case Study," Risks, MDPI, vol. 11(3), pages 1-22, March.
    • Handle: RePEc:gam:jrisks:v:11:y:2023:i:3:p:58-:d:1093017
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    References listed on IDEAS

    as
    1. Malik Muneer Abu Afifa & Hien Vo Van & Trang Le Hoang Van, 2022. "Blockchain adoption in accounting by an extended UTAUT model: empirical evidence from an emerging economy," Journal of Financial Reporting and Accounting, Emerald Group Publishing Limited, vol. 21(1), pages 5-44, March.
    2. Han, Hongdan & Shiwakoti, Radha K. & Jarvis, Robin & Mordi, Chima & Botchie, David, 2023. "Accounting and auditing with blockchain technology and artificial Intelligence: A literature review," International Journal of Accounting Information Systems, Elsevier, vol. 48(C).
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    Cited by:

    1. Khowanas Saeed Qader & Kemal Cek, 2023. "Analysis of the Impact of External Auditors’ Autonomy on Financial Accounting Information Quality Case Study Commercial Banks in Northern Iraq," Sustainability, MDPI, vol. 15(12), pages 1-21, June.
    2. Cláudia Pereira & Beatriz Castro & Luís Gomes & Helena Canha, 2024. "Firms’ Investment Level and (In)Efficiency: The Role of Accounting Information System Quality," IJFS, MDPI, vol. 12(1), pages 1-16, January.

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