Blockchain Technology Adoption: Audit Firm readiness

The Blockchain technology (BCT) is a promising disruptive technology highly applicable in a large number of sectors. Many recent studies argue that the emergence and growing interest in this technology will have several implications on the audit profession. Owing to its features such as: traceability, transparency and decentralization, BCT presents a great opportunity for the auditing sector. Therefore, it is important for Audit firms to assimilate and implement this technology in the context of digital transformation. We argue that there is a lack of studies in the body of literature relating the BCT adoption by audit firms. For that, this research paper aims to propose a research framework for the BCT adoption by audit firms. For this we consider two main theories: The Technology-Organisation-Environment (TOE) framework and the Diffusion of Innovation theory (DOI). This study focuses on profoundly interpreting these theories for the adoption of BCT in audit firms and proposes a BCT adoption framework in these firms by analyzing these firms readiness. To test and validate the proposed framework, a quantitative approach based on a survey addressed to audit firms is suggested.