UTAUT 2 Model for Predicting Auditor's Blockchain Technology Adoption

Abstract

Technological developments have penetrated all sectors of the economy, including accounting and auditing. As companies and technology develop, auditors are now dealing with clients with the big data scope. Nowadays we have large amount of data from transactions and others. Thus auditors also need technology to compensate for the complexity of their work. Blockchain technology is present as a solution for auditors to be able to keep abreast of the times in the era of the industrial revolution. Our research tries to analyze quantitatively the factors that make auditors want to adopt blockchain. We use UTAUT 2 as the grand theory on which this research is based. The construct or latent variable in UTAUT 2 is used to predict the behavior of auditors in adopting blockchain. We use primary data from distributing questionnaires to auditors, then we perform statistical data to test the hypothesis. Our results suggest that performance expectancy, effort expectancy, hedonic motivation and habit have a significant effect on behavioral intention. Meanwhile, facilitating conditions and habits have a significant effect on the use behavior of auditors in adopting blockchain.