The Role of Artificial Intelligence in Blockchain-Based Accounting Auditing

Abstract

Great technological developments are taking place around the world. These developments are taking place in different areas of technology. While some of them take place within the framework of Industry 4.0, others are known by their own names. This study was prepared in this context.Blockchain is one of the emerging technologies. It draws attention with its features such as distributed ledger structure, unalterable and indelible records, low-cost high-speed processing. Blockchain technology is becoming widespread worldwide thanks to these features and more. As it becomes widespread, the areas it affects are also expanding. One of these areas is accounting. Blockchain affects the accounting field from different angles and shapes accounting as it is basically a ledger.Artificial intelligence is among the emerging technologies. Artificial intelligence is known for its ability to mimic human behaviour. The ability to imitate human behaviour in virtual or physical environments is important for accounting science. In this context, the roles and duties of accounting professionals shape the role of Artificial intelligence in accounting auditing.These technologies make it possible to perform activities such as budgeting, purchasing raw materials or finished goods, maintenance and repair scheduling of production machines and near real-time accounting audits at low cost and high speed.