The Adoption of Digital Ledger Technology for Instant Auditing and Accurate Financial Reporting in Accounting

This study examines the adoption of Digital Ledger Technology (DLT) and its impact on the ‎accuracy of financial reporting and the efficiency of auditing processes within Jordanian ‎organizations. Using a quantitative research design, the study assesses how DLT enhances ‎financial data integrity and supports real-time auditing capabilities. Data were collected from ‎‎210 accounting and auditing professionals representing five major Jordanian institutions: the ‎Central Bank of Jordan, Jordan Customs Department, Arab Bank, Deloitte Jordan, and Ernst ‎& Young Jordan. A structured questionnaire served as the primary data collection instrument, ‎employing a five-point Likert scale to measure perceptions across key constructs related to ‎DLT adoption. To improve response rates, the questionnaire was distributed through both ‎physical and digital channels. Descriptive statistics were used to analyze demographic data, ‎while multiple regression and independent samples t-tests were applied to test the study’s ‎hypotheses. The results revealed a statistically significant and positive relationship between ‎DLT adoption and both the accuracy and reliability of financial reporting, as well as between ‎DLT utilization and enhanced auditing speed and efficiency. Regression analysis indicated that ‎DLT adoption accounted for 52% of the variance in financial reporting accuracy, while t-test ‎results confirmed significant differences between DLT-based and traditional auditing methods. ‎The study complied with ethical standards, ensuring confidentiality and voluntary ‎participation. Overall, the findings demonstrate that DLT plays a transformative role in ‎improving accounting and auditing practices within a developing economy context‎.