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Developments in Cryptocurrency Transactions and Implications for Audit and Accounting Activities

Author

Listed:
  • Flavius Valentin Jakubowicz

    (The Bucharest University of Economic Studies, Romania)

  • Ionela Munteanu

    (“Ovidius” University of Constanta, Romania)

  • Marioara Mirea

    (Financial auditor, Constanta, Romania)

Abstract

The study analyses 1,757 peer-reviewed publications indexed in WOS between 2015 and May 2023, with a common theme of analyzing cryptocurrencies from a financial point of view. The study was conducted using bibliometric and exploratory analytical methods, with particular attention to the dynamics of the research directions over time. The results have resulted in the creation of comprehensive maps of hot research topics and new research trends for crypto assets. Furthermore, the mapping of international cooperation between the researchers included in the analysis revealed remarkable results. The study highlights some valuable insights into the profiles of individuals and companies who own and use cryptocurrencies. The analysis indicates the recent focus of research guidelines on topics such as inefficiency, risk or uncertainty in cryptocurrency transactions. With the help of the principle of prudence for accounting and audit, empirical studies in this direction require the development and active international cooperation between researchers and researchers and the business community.

Suggested Citation

  • Flavius Valentin Jakubowicz & Ionela Munteanu & Marioara Mirea, 2023. "Developments in Cryptocurrency Transactions and Implications for Audit and Accounting Activities," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 951-957, August.
    • Handle: RePEc:ovi:oviste:v:xxiii:y:2023:i:1:p:951-957
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    References listed on IDEAS

    as
    1. Guntram B. Wolff & Maria Demertzis, 2018. "The economic potential and risks of crypto assets- is a regulatory framework needed?," Bruegel Policy Contributions 27194, Bruegel.
    2. Ioana Pop-Radu & Mircea-Iosif Rus, 2018. "Analysis Of The Romanian Mutual Fund Market Performance Within Pre-Crisis, Crisis And Revival During 2008-2014," Management Strategies Journal, Constantin Brancoveanu University, vol. 42(4), pages 237-243.
    3. Iulia-Oana FLOREA & Kamer-Ainur AIVAZ, 2022. "The Dimension of the Phenomenon of Economic Crime. A Hierarchical Classification of EU Countries at the Level of 2021," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 125-134.
    4. Peter Yeoh, 2017. "Regulatory issues in blockchain technology," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 25(2), pages 196-208, May.
    5. Chin, Tachia & Shi, Yi & Singh, Sanjay Kumar & Agbanyo, George Kwame & Ferraris, Alberto, 2022. "Leveraging blockchain technology for green innovation in ecosystem-based business models: A dynamic capability of values appropriation," Technological Forecasting and Social Change, Elsevier, vol. 183(C).
    6. Wang, Pengfei & Zhang, Wei & Li, Xiao & Shen, Dehua, 2019. "Is cryptocurrency a hedge or a safe haven for international indices? A comprehensive and dynamic perspective," Finance Research Letters, Elsevier, vol. 31(C), pages 1-18.
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    Cited by:

    1. Oana-Iulia Florea & Kamer-Ainur Aivaz & Diane-Paula Vancea, 2023. "The Hidden Mechanisms and Impact of International Economic Crime: A Bibliometric Perspective," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 72-79, December.

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    More about this item

    Keywords

    cryptocurrency; audit; accounting; business finance; economics;
    All these keywords.

    JEL classification:

    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)

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