The use of blockchain technology in independent auditing: A study on auditors

The aim of this thesis is to reveal the potential areas of application of blockchain technology in the independent audit process, its effects, and auditors' awareness of this technology. In the study, the basic concepts of blockchain technology and its possible applications in the fields of accounting and auditing were first examined theoretically. Then, in order to evaluate the effects of the technology on independent auditing, a qualitative research was conducted with independent auditors operating in Turkiye. Within the scope of the research, semi-structured interviews consisting of open-ended questions were conducted with 20 independent auditors and the obtained data were analyzed through the MAXQDA program. The findings indicate that blockchain technology provides significant advantages in audit processes in terms of transparency, reliability, and time management, but also involves certain challenges such as lack of technical knowledge and cost. Although most auditors are familiar with the concept of blockchain, their level of practical knowledge is limited. In addition, the importance of regulatory frameworks and training activities in the transition to this technology has been emphasized. This study is expected to contribute to the development of policies for the integration of blockchain technology into the auditing profession in the future.