Rubens Moura de Carvalho, Helena Coelho Inácio, Rui Pedro Figueiredo Marques
To assess the financial statements of companies that invest in stablecoin, a digital representation of a fiat currency managed and backed by a blockchain, the auditor must collect evidence of transactions from the blockchain (on-chain) or from an off-chain ledger managed by an intermediary. This study aims to expand the understanding of such transactions, outline possible configurations for the recognition of stablecoin balances and transactions in financial statements, and audit procedures for collecting evidence of these transactions. Based on actual transactions of stablecoin registered on the Ethereum blockchain, we present a hypothetical case of the accounting history of an audited company to demonstrate the challenges in establishing accounting and audit procedures for these novel transactions. We observe an abundance, diversity, and unprecedentedness in the stablecoin transactions studied. We further identify the need to adapt current audit procedures and create new ones, and rethink the very process of doing so. The findings could help auditors obtain more significant knowledge of the information required to assess a company’s financial statements when such statements include stablecoin transactions. In addition, the study addresses the evolving relationship between auditing, accounting, and information technology, and the problems in integrating accounting and information technology.
{"title":"Ledger to ledger: off- and on-chain auditing of stablecoin","authors":"Rubens Moura de Carvalho, Helena Coelho Inácio, Rui Pedro Figueiredo Marques","doi":"10.4192/1577-8517-v22_5","DOIUrl":"https://doi.org/10.4192/1577-8517-v22_5","url":null,"abstract":"To assess the financial statements of companies that invest in stablecoin, a digital representation of a fiat currency managed and backed by a blockchain, the auditor must collect evidence of transactions from the blockchain (on-chain) or from an off-chain ledger managed by an intermediary. This study aims to expand the understanding of such transactions, outline possible configurations for the recognition of stablecoin balances and transactions in financial statements, and audit procedures for collecting evidence of these transactions. Based on actual transactions of stablecoin registered on the Ethereum blockchain, we present a hypothetical case of the accounting history of an audited company to demonstrate the challenges in establishing accounting and audit procedures for these novel transactions. We observe an abundance, diversity, and unprecedentedness in the stablecoin transactions studied. We further identify the need to adapt current audit procedures and create new ones, and rethink the very process of doing so. The findings could help auditors obtain more significant knowledge of the information required to assess a company’s financial statements when such statements include stablecoin transactions. In addition, the study addresses the evolving relationship between auditing, accounting, and information technology, and the problems in integrating accounting and information technology.","PeriodicalId":404481,"journal":{"name":"The International Journal of Digital Accounting Research","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123822804","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study aims to examine the impact of gender diversity on the digital reporting practices of non-financial U.S. firms listed on the S&P 500 index. Our results confirm the proposed hypothesis, indicating that the presence of female board members improves the levels of digital reporting. This could relate to the thought that gender diversity may correspond to more extensive discussions within the boardroom, which leads to better-informed decisions based on greater levels of information exchange both between the board and other stakeholders and amongst board members themselves. Our findings provide evidence for policy makers that gender diversity enhances online disclosure and thus, the transparency of the firm. The findings can be used, also, by corporate governance institutions to raise awareness of the advantages of having female members on the board. Our study contributes to the body of literature on both gender diversity and corporate online disclosure by providing new evidence that gender diversity on the board can improve digital reporting.
{"title":"The impact of gender diversity on digital reporting in the USA","authors":"Esam Shehadeh, H. Alkayed, Doaa A Aly","doi":"10.4192/1577-8517-v22_4","DOIUrl":"https://doi.org/10.4192/1577-8517-v22_4","url":null,"abstract":"This study aims to examine the impact of gender diversity on the digital reporting practices of non-financial U.S. firms listed on the S&P 500 index. Our results confirm the proposed hypothesis, indicating that the presence of female board members improves the levels of digital reporting. This could relate to the thought that gender diversity may correspond to more extensive discussions within the boardroom, which leads to better-informed decisions based on greater levels of information exchange both between the board and other stakeholders and amongst board members themselves. Our findings provide evidence for policy makers that gender diversity enhances online disclosure and thus, the transparency of the firm. The findings can be used, also, by corporate governance institutions to raise awareness of the advantages of having female members on the board. Our study contributes to the body of literature on both gender diversity and corporate online disclosure by providing new evidence that gender diversity on the board can improve digital reporting.","PeriodicalId":404481,"journal":{"name":"The International Journal of Digital Accounting Research","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127433263","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The last decades have seen a shift in the corporate reporting model, moving from financial disclosure to the triple bottom line approach, including information about financial, environmental and social capital, also referred to as a sustainability reporting. These changes have been driven by stakeholder pressure on corporate transparency and emerging disclosure regulation. The International Integrated Reporting Council aimed to add value to sustainability reporting by developing integrated reporting (IR), seeking not only to combine financial and non-financial reporting but to show connectivity between them and provide a clear picture of how the company can create and sustain value over the short, medium and long term. This approach has been followed by a great number of corporations since its initiation in 2010. Given that the IR framework is rather principles-based, the quality of such reports differs from company to company. The main objective of this paper is to assess the quality of IR from the user's perspective. We analyse companies listed in IBEX 35 and compare the evolution of the IR quality in 2016 and 2019. To do so, an index was developed measuring the quality of the integrated report based on elements such as visuality, navigability, technological elements and business model description. Our findings show that while, in 2016, companies operating in critical sectors tended to have a generally higher IR quality, there were no significant differences in 2019 between companies operating in critical and non-critical sectors, and the general quality has decreased in favour of the quantity of information.
{"title":"Integrated Reporting Assessment from the User's Perspective Using the Integrated Report Quality Index","authors":"Roman Klimko, Z. Juhászová","doi":"10.4192/1577-8517-v22_3","DOIUrl":"https://doi.org/10.4192/1577-8517-v22_3","url":null,"abstract":"The last decades have seen a shift in the corporate reporting model, moving from financial disclosure to the triple bottom line approach, including information about financial, environmental and social capital, also referred to as a sustainability reporting. These changes have been driven by stakeholder pressure on corporate transparency and emerging disclosure regulation. The International Integrated Reporting Council aimed to add value to sustainability reporting by developing integrated reporting (IR), seeking not only to combine financial and non-financial reporting but to show connectivity between them and provide a clear picture of how the company can create and sustain value over the short, medium and long term. This approach has been followed by a great number of corporations since its initiation in 2010. Given that the IR framework is rather principles-based, the quality of such reports differs from company to company. The main objective of this paper is to assess the quality of IR from the user's perspective. We analyse companies listed in IBEX 35 and compare the evolution of the IR quality in 2016 and 2019. To do so, an index was developed measuring the quality of the integrated report based on elements such as visuality, navigability, technological elements and business model description. Our findings show that while, in 2016, companies operating in critical sectors tended to have a generally higher IR quality, there were no significant differences in 2019 between companies operating in critical and non-critical sectors, and the general quality has decreased in favour of the quantity of information.","PeriodicalId":404481,"journal":{"name":"The International Journal of Digital Accounting Research","volume":"77 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125959646","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The Information Technology (IT) revolution that led to the development of cloud computing services and systems has brought numerous benefits to end users handling business through the Internet, particularly in the field of accounting information systems (AIS). Cloud-based accounting information systems (CB-AIS) enable firms to substantially reduce their investment in IT and have flexible access to an enormous group of current and scalable resources. CB-AIS enables small- and medium-sized enterprises (SMEs) to undertake basic bookkeeping responsibilities themselves instead of paying external auditors for the same services. In Jordan, however, current businesses are still in the infancy stage when it comes to CB-AIS adoption. Therefore, this study applied the Technology, Organization, and Environment model to examine CB-AIS adoption among SMEs in Jordan. Data collection was achieved using a structured survey questionnaire collected from 156 owners/managers of SMEs in Jordan through online means. The proposed research framework comprises six factors that influence intention to adopt CB-AIS (IACB-AIS). Based on the findings, the proposed hypotheses were supported in that the factors positively and significantly affect the IACB-AIS of SMEs in Jordan. Through examining an actual IACB-AIS case and highlighting the importance of its application, the study and its findings are expected to contribute to decision-makers and practitioners in the IT field.
{"title":"Understanding the Intention to Adopt Cloud-based Accounting Information System in Jordanian SMEs","authors":"Abdalwali Lutfi","doi":"10.4192/1577-8517-v22_2","DOIUrl":"https://doi.org/10.4192/1577-8517-v22_2","url":null,"abstract":"The Information Technology (IT) revolution that led to the development of cloud computing services and systems has brought numerous benefits to end users handling business through the Internet, particularly in the field of accounting information systems (AIS). Cloud-based accounting information systems (CB-AIS) enable firms to substantially reduce their investment in IT and have flexible access to an enormous group of current and scalable resources. CB-AIS enables small- and medium-sized enterprises (SMEs) to undertake basic bookkeeping responsibilities themselves instead of paying external auditors for the same services. In Jordan, however, current businesses are still in the infancy stage when it comes to CB-AIS adoption. Therefore, this study applied the Technology, Organization, and Environment model to examine CB-AIS adoption among SMEs in Jordan. Data collection was achieved using a structured survey questionnaire collected from 156 owners/managers of SMEs in Jordan through online means. The proposed research framework comprises six factors that influence intention to adopt CB-AIS (IACB-AIS). Based on the findings, the proposed hypotheses were supported in that the factors positively and significantly affect the IACB-AIS of SMEs in Jordan. Through examining an actual IACB-AIS case and highlighting the importance of its application, the study and its findings are expected to contribute to decision-makers and practitioners in the IT field.","PeriodicalId":404481,"journal":{"name":"The International Journal of Digital Accounting Research","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134350540","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Few studies have comprehensively described Standard Business Reporting (SBR) as a policy-driven initiative based on inline eXtensible Business Reporting Language (iXBRL) aimed at reducing the administrative burden of statutory business reporting. The SBR term is still difficult to understand even by the countries where it has been implemented. The objective of this study is twofold. First, it describes in detail the evolution of the SBR initiatives in the UK. Second, it investigates the drivers and inhibitors of the take-up of the SBR initiative by small businesses based on the technology, organization, and environment (TOE) framework. It draws on contextual data and 23 interviews with participants involved in the development of these initiatives. The findings show that the following are perceived as drivers of the take-up of the SBR initiatives by small private companies: the relative advantages of using WebFiling, commercial filing software, and the digital services, the organizational accountant's readiness, and the influence of commercial filing software. However, we find no evidence that the relative advantage of using the joint-filing facility via iXBRL was perceived as a driver of the take-up of this innovation. The findings indicate that the absence of critical mass among government agencies inhibits its diffusion. This study provides specific implications to small businesses, the accountants working in small businesses and practice, government agencies in the UK, and other jurisdictions embarking on the SBR initiatives for further developments to reduce the reporting burden on smaller entities.
{"title":"The Evolution and Diffusion of the Standard Business Reporting (SBR) Initiatives: Evidence from UK Small Businesses","authors":"Said M. Alkhatib, Esra'a Alkhatib","doi":"10.4192/1577-8517-v22_1","DOIUrl":"https://doi.org/10.4192/1577-8517-v22_1","url":null,"abstract":"Few studies have comprehensively described Standard Business Reporting (SBR) as a policy-driven initiative based on inline eXtensible Business Reporting Language (iXBRL) aimed at reducing the administrative burden of statutory business reporting. The SBR term is still difficult to understand even by the countries where it has been implemented. The objective of this study is twofold. First, it describes in detail the evolution of the SBR initiatives in the UK. Second, it investigates the drivers and inhibitors of the take-up of the SBR initiative by small businesses based on the technology, organization, and environment (TOE) framework. It draws on contextual data and 23 interviews with participants involved in the development of these initiatives. The findings show that the following are perceived as drivers of the take-up of the SBR initiatives by small private companies: the relative advantages of using WebFiling, commercial filing software, and the digital services, the organizational accountant's readiness, and the influence of commercial filing software. However, we find no evidence that the relative advantage of using the joint-filing facility via iXBRL was perceived as a driver of the take-up of this innovation. The findings indicate that the absence of critical mass among government agencies inhibits its diffusion. This study provides specific implications to small businesses, the accountants working in small businesses and practice, government agencies in the UK, and other jurisdictions embarking on the SBR initiatives for further developments to reduce the reporting burden on smaller entities.","PeriodicalId":404481,"journal":{"name":"The International Journal of Digital Accounting Research","volume":"97 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124466479","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Over the years, the importance and role of Big Data have grown considerably. Accountants’ work requires sound judgement and decision making, which makes their activities less conducive to automation. Nonetheless, it is useful for accountants to be at ease with the use of data analysis, especially when data are unstructured and relevant to decision making. This study aimed to visualize the research panorama on the theme “Big Data and accounting” to appreciate the current state of knowledge in this field. Bibliometric analysis was used to study literature on the topic of Big Data and accounting. The data were collected using the Scopus database to ascertain the authors, countries, keywords and journals that have contributed the most to this body of knowledge. VOSviewer software was used for data visualization. Through a visual analysis, the results reveal the current state of knowledge on the theme of Big Data and accounting, with significant implications for future works in this field. The findings also highlight the potential opportunities for future studies on this topic and on peripheral themes. Keywords: Big data, accounting, bibliometric analysis, digital accounting, research agenda.
{"title":"Big Data and Accounting: A Bibliometric Study","authors":"A. Varma, Palmira Piedepalumbo, D. Mancini","doi":"10.4192/1577-8517-v21_8","DOIUrl":"https://doi.org/10.4192/1577-8517-v21_8","url":null,"abstract":"Over the years, the importance and role of Big Data have grown considerably. Accountants’ work requires sound judgement and decision making, which makes their activities less conducive to automation. Nonetheless, it is useful for accountants to be at ease with the use of data analysis, especially when data are unstructured and relevant to decision making. This study aimed to visualize the research panorama on the theme “Big Data and accounting” to appreciate the current state of knowledge in this field. Bibliometric analysis was used to study literature on the topic of Big Data and accounting. The data were collected using the Scopus database to ascertain the authors, countries, keywords and journals that have contributed the most to this body of knowledge. VOSviewer software was used for data visualization. Through a visual analysis, the results reveal the current state of knowledge on the theme of Big Data and accounting, with significant implications for future works in this field. The findings also highlight the potential opportunities for future studies on this topic and on peripheral themes. Keywords: Big data, accounting, bibliometric analysis, digital accounting, research agenda.","PeriodicalId":404481,"journal":{"name":"The International Journal of Digital Accounting Research","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124902524","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Sheng-Feng Hsieh, Cleber Beretta Custodio, M. Vasarhelyi
We investigate and document the textual similarity of key audit matter (KAM) disclosures by using KAM items in auditor’s reports of Spanish companies in fiscal years 2017 and 2018. The main objective is to understand how similar KAMs are disclosed from one year to another. Following prior literature, we use the cosine similarity to measure the textual similarity between KAM items in terms of word usage. We classify and analyze KAM items for two consecutive years based on the following three combinations: (1) KAM topic, (2) KAM topic and auditor, and (3) KAM topic, auditor, and industry of the client being audited. The results indicate that auditors from the same accounting firm tend to have a recurring textual similarity under each KAM topic, and such similarity increases for clients within the same industry. The results add empirical evidence to the understanding of the recurring textual similarity of KAM disclosures
{"title":"The textual similarity of KAM disclosures for Spanish companies","authors":"Sheng-Feng Hsieh, Cleber Beretta Custodio, M. Vasarhelyi","doi":"10.4192/1577-8517-v21_7","DOIUrl":"https://doi.org/10.4192/1577-8517-v21_7","url":null,"abstract":"We investigate and document the textual similarity of key audit matter (KAM) disclosures by using KAM items in auditor’s reports of Spanish companies in fiscal years 2017 and 2018. The main objective is to understand how similar KAMs are disclosed from one year to another. Following prior literature, we use the cosine similarity to measure the textual similarity between KAM items in terms of word usage. We classify and analyze KAM items for two consecutive years based on the following three combinations: (1) KAM topic, (2) KAM topic and auditor, and (3) KAM topic, auditor, and industry of the client being audited. The results indicate that auditors from the same accounting firm tend to have a recurring textual similarity under each KAM topic, and such similarity increases for clients within the same industry. The results add empirical evidence to the understanding of the recurring textual similarity of KAM disclosures","PeriodicalId":404481,"journal":{"name":"The International Journal of Digital Accounting Research","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129818721","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The use of smart contracts has grown exponentially over the last few years. This is a phenomenon associated with the development of other technologies, such as the blockchain and the Internet of Things (IoT). Smart contracts run in a decentralized way on the blockchain and are self- executing. This is a source of advantages in business operations, but there are also some limitations and drawbacks. Regulatory issues are also of key importance, as the legal frameworks differ across countries. Smart contracts are likely to have an impact on external auditing, as external auditors will have to adapt their capabilities and procedures to an environment where many companies use this technology. But smart contracts may also be used to define a framework which ensures continuous audit reports and direct access of authorized stakeholders to the results of audit procedures. Conversely, internal auditing will also experiment changes, both caused by a series of new risks that will have to be adequately addressed and new tools to monitor business operations. In addition, some promising research opportunities arise, both in the IT, the Legal and the Business field.
{"title":"On the impact of smart contracts on auditing","authors":"J. Andrés, Pedro Lorca","doi":"10.4192/1577-8517-v21_6","DOIUrl":"https://doi.org/10.4192/1577-8517-v21_6","url":null,"abstract":"The use of smart contracts has grown exponentially over the last few years. This is a phenomenon associated with the development of other technologies, such as the blockchain and the Internet of Things (IoT). Smart contracts run in a decentralized way on the blockchain and are self- executing. This is a source of advantages in business operations, but there are also some limitations and drawbacks. Regulatory issues are also of key importance, as the legal frameworks differ across countries. Smart contracts are likely to have an impact on external auditing, as external auditors will have to adapt their capabilities and procedures to an environment where many companies use this technology. But smart contracts may also be used to define a framework which ensures continuous audit reports and direct access of authorized stakeholders to the results of audit procedures. Conversely, internal auditing will also experiment changes, both caused by a series of new risks that will have to be adequately addressed and new tools to monitor business operations. In addition, some promising research opportunities arise, both in the IT, the Legal and the Business field.","PeriodicalId":404481,"journal":{"name":"The International Journal of Digital Accounting Research","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129798689","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The blockchain and cryptoasset sector, since coming to the attention of the mainstream business and financial markets during the bitcoin bull run of 2017, continues to accelerate and evolve rapidly. Decentralized finance (DeFi), a new iteration of what was previously referred to as open finance, has emerged as an innovative use case and service enabled by blockchain technology. As with any innovation or new tool, however, there remains a range of questions and considerations that will have to be addressed prior to wider adoption and utilization. This research attempts to contextualize the development of DeFi, frame it within the blockchain and cryptoasset sector, and explain potential obstacles and challenges to further development. Subsequent to this examination of DeFi trends, challenges, and opportunities, a potential framework for further development and implementation will be presented. Outlined and written in a manner approachable to both practitioners and academic users, this research should be used a springboard for further discussion, analysis, and progress.
{"title":"Decentralized Finance & Accounting – Implications, Considerations, and Opportunities for Development","authors":"S. Smith","doi":"10.4192/1577-8517-v21_5","DOIUrl":"https://doi.org/10.4192/1577-8517-v21_5","url":null,"abstract":"The blockchain and cryptoasset sector, since coming to the attention of the mainstream business and financial markets during the bitcoin bull run of 2017, continues to accelerate and evolve rapidly. Decentralized finance (DeFi), a new iteration of what was previously referred to as open finance, has emerged as an innovative use case and service enabled by blockchain technology. As with any innovation or new tool, however, there remains a range of questions and considerations that will have to be addressed prior to wider adoption and utilization. This research attempts to contextualize the development of DeFi, frame it within the blockchain and cryptoasset sector, and explain potential obstacles and challenges to further development. Subsequent to this examination of DeFi trends, challenges, and opportunities, a potential framework for further development and implementation will be presented. Outlined and written in a manner approachable to both practitioners and academic users, this research should be used a springboard for further discussion, analysis, and progress.","PeriodicalId":404481,"journal":{"name":"The International Journal of Digital Accounting Research","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115487931","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study aims to review the existing literature on audit and tax in the context of emerging technologies, besides providing future research agenda. A meta literature approach by combining bibliometric and content analysis was adopted to analyze 154 relevant English articles published in Scopus indexed journals, published over the last 35 years. Using RStudio, VOSviewer, and Microsoft Excel. Quantitative findings reveal that the USA is the top contributor and the most cited in the world. Brigham Young University, on the institutional level, is the most relevant affiliation. Concerning publication number, the Journal of Emerging Technologies in Accounting is the most relevant source. At the same time, the most cited source is the Decision Sciences journal. While the most prolific author is Miklos Vasarhelyi. Moreover, the emerging technologies, including big data, blockchain, and artificial intelligence, have significantly drawn accounting scholars interest from 2015 and thereafter. From the perspective of qualitative findings, the main focus shows that employing advanced technologies offers promising opportunities to mitigate the risk of tax evasion and enhance the auditors' efficiency. The content analysis reports two mainstreams tax and audit; each one is classified into three sub-streams, big data, artificial intelligence, and blockchain. This study contributes to present a clear and coherent understanding of the relevant exact literature and propose future research. However, the study review confines only on audit and tax fields, relying on the Scopus database.
{"title":"Audit and tax in the context of emerging technologies: A retrospective analysis, current trends, and future opportunities","authors":"Osama F. Atayah, M. M. Alshater","doi":"10.4192/1577-8517-V21_4","DOIUrl":"https://doi.org/10.4192/1577-8517-V21_4","url":null,"abstract":"This study aims to review the existing literature on audit and tax in the context of emerging technologies, besides providing future research agenda. A meta literature approach by combining bibliometric and content analysis was adopted to analyze 154 relevant English articles published in Scopus indexed journals, published over the last 35 years. Using RStudio, VOSviewer, and Microsoft Excel. Quantitative findings reveal that the USA is the top contributor and the most cited in the world. Brigham Young University, on the institutional level, is the most relevant affiliation. Concerning publication number, the Journal of Emerging Technologies in Accounting is the most relevant source. At the same time, the most cited source is the Decision Sciences journal. While the most prolific author is Miklos Vasarhelyi. Moreover, the emerging technologies, including big data, blockchain, and artificial intelligence, have significantly drawn accounting scholars interest from 2015 and thereafter. From the perspective of qualitative findings, the main focus shows that employing advanced technologies offers promising opportunities to mitigate the risk of tax evasion and enhance the auditors' efficiency. The content analysis reports two mainstreams tax and audit; each one is classified into three sub-streams, big data, artificial intelligence, and blockchain. This study contributes to present a clear and coherent understanding of the relevant exact literature and propose future research. However, the study review confines only on audit and tax fields, relying on the Scopus database.","PeriodicalId":404481,"journal":{"name":"The International Journal of Digital Accounting Research","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-05-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129840500","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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