A Systems View Across Time and Space
Table 1 Advanced advantages of adopting Blockchain technology in accounting information systems
Field | Expected results |
|---|---|
Administrative organization | - Rapid access to information makes decisions more efficient - Flexibility and response to changes in the internal and external environment - Providing users with complete, reliable, and unbiased information to maximize objectivity in their decisions |
Economically | - Reduction in the cost of obtaining information, and a reduction in accounting bookkeeping expenses - Saving money resulting from reducing the number of accountants and saving the cost of accounting software |
Professionally | - Activating technology control to ensure transparency and accounting efficiency - Provide reasonable assurance that the financial statements do not contain material misstatements - Expansion of the scope and functions of the use of financial information |
Quality | - High quality in accounting, control, taxation, and regulations |