Exploring Blockchain Implications for Accounting and Auditing in Iraq: Expert Insights on Opportunities and Preparedness

This qualitative study explores the potential of blockchain technology in accounting and auditing within the Iraqi context, elucidating applications, trends, and challenges through expert interviews and literature analysis.Findings reveal that increasing digitization makes blockchain promising for financial transactions, recordkeeping, smart contracts, and auditing efficiency.However, lack of understanding, regulatory ambiguity, resource barriers, and ethical risks necessitate greater organizational preparation.As one of the first studies investigating blockchain implications for Iraqi accountants, these timely insights urge businesses, academics, and policymakers to actively upskill, legislate, and collaborate for secure technological integration.