TTEC627 Blockchain Applications in Auditing and Assurance

This unit prepares students for a grounding in the use of blockchain technologies for audit and assurance operations. It introduces the concept of disintermediation of the audit process through blockchain and the principles of propagation, permanence and programmability underpinning it. The unit classifies blockchain applications and inputs, and examines them for their suitability in aiding audits. The production of a blockchain transaction output is assessed as are blockchain protocols for auditing. Strategies for the mitigation of risk of utilising blockchain are debated as is the role of the tax authority. Ledger accuracy and multi-site, multi-party audit and assurance transaction traceability is evaluated along with self-executing versus controlled audit operations using blockchain.