Application of blockchain technology in accounting information systems: The case study of Croatia

The aim – of this paper is to investigate and determine the opportunities, possibilities, but also the dangers of introducing blockchain technology into everyday practice when performing accounting tasks. In the context of accounting, research refers to all forms of accounting and financial activities in a company.
Methodology/Design – the work is based on primary research of employees in the accounting sector of companies in Croatia. The research is structured according to three research questions aimed at analysing the introduction of blockchain technology in accounting activities. Statistical analysis models are used in the work to analyse and interpret the values obtained in the primary research.
Result – The results of the analysis showed a great awareness of employees about blockchain technologies, as well as a willingness to further improve their skills. Employees expect the company to cooperate and help in this education, and they believe that other stakeholders should be connected in order to facilitate and speed up the accounting processes at the level of the company and at the level of the company environment.
Conclusion – blockchain technology has not yet reached its full application in the accounting sector, but employees in that sector in Croatia are well informed about the possibilities of the technology. The results of the research proved that there will be no major resistance to the introduction of blockchain technology and that employees expect the facilitation of daily activities for all stakeholders in the process of monitoring the company's financial activities.