Table 6 Frequencies and percentages of the participants’ responses

Antecedents

Weak knowledge of the relationship between blockchain technology and accounting

33

15

The responsibility for implementing blockchain technology is decided by the company

21

10

Blockchain technology has the potential to enhance the accounting profession

40

19

Blockchain is a replacement for bookkeeping

29

14

Of course, blockchain technology will work on innovating accountants’ skills

51

25

Accountants’ skills will need to expand

34

16

Total

208

100

Phenomenon: positive sides

Enhancing accountants’ skills

45

23

Innovating accountants’ skills

67

34

Increasing performance efficiency

52

27

Reducing costs

33

16

Total

197

100

Phenomenon: negative sides

Not using blockchain technology in the accounting profession will weaken accountants’ skills

59

28

Weak performance

71

33

Undeveloped accountant skills

44

21

Increased costs

39

18

Total

213

100

Consequences

Higher costs

41

17

Technical lag

55

23

More future complications

61

25

Decrease market share

81

35

Total

238

100