A COMPREHENSIVE REVIEW OF SURVEY OPINION ON BLOCKCHAIN ACCOUNTING DATA: INSIGHTS AND IMPLICATIONS

Block chain technology gained significant attention in recent years due to its benefits in terms of integrity, audit ability, transparency and automation. This research paper presents the results of questionnaire analysis through opinion survey conducted to explore the perception and experiences of accounting professionals and non professionals regarding integration of block chain technology in accounting practices. This research is both quantitative and descriptive in nature and mainly uses primary data obtained from surveys of 60 respondents. Convenience sampling was used due to limited time and cost. Secondary sources used include academic journals, research papers and websites to compile study data. Further, for analysis of data 5 point Likert Scale of measurement statistical technique is used. Tabular analysis of TAS and BCA is also analyzed in present paper. Overall, through comprehensive analysis of opinion survey report, it was concluded that respondents showed positive attitude towards the potential benefits of block chain technology in accounting practices. But, the application of block chain technology still in its early stage and has many challenges and risk to make it more reliable. Training and education on block chain technology are essentials for accounting professionals to leverage its benefits effectively.