Smart Contracts in Blockchain-based Accounting Information Systems and Artificial Intelligence-enabled Auditing Techniques

Abstract

In this article, I cumulate previous research findings indicating that blockchain technology can articulate a real-time, valid, and transparent accounting environment, while reconfiguring auditing practices. I contribute to the literature on blockchain technology in financial accounting and corporate governance by showing that blockchain technology can increase unambiguousness, traceability, and con-venience. Throughout June 2022, I performed a quantitative literature review of the Web of Science, Scopus, and ProQuest databases, with search terms including “smart contracts” + “blockchain-based accounting information systems,” “artificial intelligence-enabled auditing techniques,” and “accounting and auditing processes.” As I inspected research published between 2017 and 2022, only 133 articles satisfied the eligibility criteria. By eliminating controversial findings, outcomes unsubstantiated by replication, too imprecise material, or having similar titles, I decided upon 11, generally empirical, sources. Data visualization tools: Dimensions (bibliometric mapping) and VOSviewer (layout algorithms). Reporting quality assessment tool: PRISMA. Methodological quality assessment tools include: AXIS, Dedoose, ROBIS, and SRDR.