TableĀ 6

Audit firm's capabilities for effective audit process of Blockchain-based accounting

StatementBig-sized firms (Mean)Non-big sized firms (Mean)t-test
Technical expertise in implementing Blockchain-based accounting systems4.154.351.45
Necessary resources to train auditors on BT and its application in accounting3.194.182.25*
Robust security measures to protect Blockchain-based accounting data3.324.402.20*
Continues leverage of Blockchain technology for enhancing audit processes4.224.101.33
Maintains up-to-date knowledge of regulatory requirements related to Blockchain-based accounting3.904.452.12*
Integration of Blockchain-based accounting systems into their audit procedures3.654.603.97**

Note(s): T-test values are significant at 0.05* and 0.01** levels

Source(s): By author

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