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Benefits and Challenges of Artificial Intelligence and Blockchain Adoption in Auditing Process: a Research Agenda

EasyChair Preprint no. 9604

18 pagesDate: January 20, 2023

Abstract

This study aims to present an understanding of the benefits and challenges of adoption Artificial intelligence and blockchain in Auditing process. This article looks at published about impact and adoption of AI & BT in Auditing process studies to investigate benefits and challenges. The benefits adoption AI and BT in auditing process are strengths for Fraud reduction along with increasing compliance among international standards as well speed up audit tasks, saving time and effort together with increasing audit quality and reducing human error in addition to keeping information reliability and relevance as well as encourage the improvement of traditional auditing also reducing the human role in the auditing and accounting career and BT allows accountants and auditors to save costs in addition to eliminate time delays in carrying out these tasks that reduce the risk of human error. The challenges adoption AI and BT in auditing process are weakness for highest cost of application artificial intelligence in auditing process as well as keeping the auditors following up the latest updating in AI system adoption in audit process in addition to security vulnerabilities risk and attacks coupled with racial biases within adoption blockchain program in Auditing. It is wished that this paper examination of the issues relevant to the present and future station of adoption AI & BT in Auditing process will run an adequate overview of the critical matters and concerns that are significant to be known for empathetic and proceeding the vital submission of the impact AI & BT in Auditing process on the growth of economic and social. It is predicted that this structured has an effect on future policy that eventually contributes to enhancing enterprise and limit fraud incidents also speed up audit tasks, saving time and effort together with increasing audit quality and reducing human error, thus, it can contribute to enterprise and growth of economic and social.

Keyphrases: accounting profession, Artificial Intelligence, Auditing process, benefits and challenges, Blockchain

BibTeX entry
BibTeX does not have the right entry for preprints. This is a hack for producing the correct reference:
@Booklet{EasyChair:9604,
  author = {Abdullah Al-Habashneh and Sajeda Hamdan},
  title = {Benefits and Challenges of Artificial Intelligence and Blockchain Adoption in Auditing Process: a Research Agenda},
  howpublished = {EasyChair Preprint no. 9604},

  year = {EasyChair, 2023}}
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