Authors : Dr. Prathap B. N.; Shashank K. S.; Hema B. A.

Volume/Issue : Volume 10 - 2025, Issue 10 - October

Google Scholar : https://tinyurl.com/3nmxskkh

Scribd : https://tinyurl.com/ynp7zkfv

DOI : https://doi.org/10.38124/ijisrt/25oct199

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Abstract : This study explores the integration of blockchain technology in accounting and financial reporting systems, emphasizing its capacity to promote transparency, accuracy, and audit reliability. Blockchain’s defining attributes—decentralization, immutability, and consensus verification—offer significant potential to enhance data integrity and minimize financial irregularities. The research investigates how blockchain enables real-time auditing, reduces dependence on intermediaries, and strengthens stakeholder confidence in financial disclosures. Employing a mixed-method approach that combines quantitative surveys and qualitative interviews, the study assesses awareness levels, perceived benefits, and implementation challenges among accounting professionals and students. The findings indicate a growing familiarity with blockchain, though widespread adoption remains hindered by regulatory uncertainty, high implementation costs, and technical complexity. The paper concludes that blockchain can fundamentally transform accounting practices by fostering transparent, tamper-proof financial systems, provided that clear regulations, professional training, and supportive infrastructure are developed.

Keywords : Blockchain Financial Reporting Auditing Transparency Digital Ledger Technology.

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