# A Blockchain-Enabled Framework for Improving the Software Audit Process
## 2 Preliminaries and Related Work
### Related Work
In order to manage and reduce these risks, it is vital to have a firm grasp on what factors contribute to their occurrence, to build up the required skill sets and resources, and to learn from the experiences of others. The article [44] aims to investigate how accountants and auditors in the UAE feel about BCT. The possible benefits and drawbacks of BCT on accounting and auditing processes in the UAE were discussed in a semi-structured interview with 19 accountants, internal auditors, auditors, and risk managers. The results demonstrate the blockchain's effects on the accounting profession via its use in transaction recording, evidence storage, and offering a safe platform for conducting commercial dealings. The research adds to the current literature in many ways. First, it provides actual evidence of the impact that BCT is having on the accounting and assurance industry, expanding our understanding of the ways in which BCT might enhance the delivery of auditing and consulting services. The second aim of this study is to investigate how accountants and financial auditors in the UAE see the impact that BCT may have on their industry. Lastly, the study analyzes potential variables for the efficacy of BCT and the next obstacles to BCT. Paper [45] argues that blockchain solutions may have significant benefits for auditing in the form of reduced auditor workload, reduced risk of fraud, and enhanced efficiency of existing processes; however, it is important to keep in mind the role that other emerging technologies may play in this area. Although firms such as Factom, Libra, and Verady are working on blockchain solutions with potential auditing applications, there is still much ground to cover. Paper [46] provides a review of the effects of BCT on accounting in general and on auditing that makes use of AI in particular. This paper explores how accounting professionals may utilize blockchain data to increase openness and confidence in their work, as well as how they can make better decisions as a result. To further our understanding of how blockchain might be used to reduce information asymmetry and strengthen stakeholder partnerships, this study interprets its results via agency theory and stakeholder theory. A summary of the difficulties and an elaboration of the reasons why certain businesses are hesitant to implement BCT are also included in the study. Existing studies performed so far mainly explore the use of BCT for financial transactions, and they provide the challenges and suggestions associated with the use of BCT in the accounting domain. Table 2 compares previous research that has attempted to address the issue of secure and fair auditing. As can be seen from the comparison provided in Table 2, BCT has not been adequately used for auditing purposes, especially for SA. Further, most of the existing studies are review papers that highlight the challenges of using BCT in auditing domains and provide suggestions for incorporating BCT and providing training to the accountants and auditors about its benefits. To the best of our knowledge, we did not find any study that explicitly explores the usage and benefits of using BCT in SA or provides a solution for it. To fill this gap, we provide a BCT-enabled framework for improving the SA process in the upcoming section.