Auditors’ Intentions to Use Blockchain Technology: Do Trust in Technology, UTAUT Factors, and Age Matter?

Amir Hasan  Hamadeh; Rasha Mohammad  Nouraldeen; Rasha Mohamad  Mahboub

doi:10.33094/ijaefa.v22i2.2300

Authors

Amir Hasan Hamadeh Accounting Department, Faculty of Business Administration, Beirut Arab University, Beirut, Lebanon.
Rasha Mohammad Nouraldeen Accounting Department, Faculty of Business Administration, Beirut Arab University, Beirut, Lebanon.
Rasha Mohamad Mahboub Accounting Department, Faculty of Business Administration, Beirut Arab University, Beirut, Lebanon.

DOI:

https://doi.org/10.33094/ijaefa.v22i2.2300

Keywords:

Auditors, Blockchain technology, Trust in technology, UTAUT.

Abstract

This study examines the effect of trust in technology and the Unified Theory of Acceptance and Use of Technology (UTAUT) on auditors’ intention to use Blockchain technology (BT). This study also aims to explore how age moderates the relationship between trust in technology, the UTAUT, and auditors’ intention to adopt BT (AIABT). Data from 332 Lebanese auditors were analyzed using partial least squares structural equation modeling (PLS3-SEM), and findings show that trust in technology and UTAUT factors significantly impact AIABT. Besides, results show that age doesn’t moderate the role between trust in technology, UTAUT factors, and AIABT. According to researchers’ this study is among the first to investigate the variables affecting AIABT in Lebanon. This study highlights the practical implications of BT adoption in auditing in Lebanon by pointing out the need for case studies, workshops, educational programs, investing in IT systems, and developing regulatory frameworks to build trust and boost credibility in BT adoption.