The Effect of Recognizing Digital Currencies as an Intangible Asset on the Procedures of Gathering Audit Evidences an Experimental Study

Document Type : Original Article

Authors

1 Master's Researcher, Faculty of Business, Alexandria University

2 Professor of Accounting and Auditing, Faculty of Business, Alexandria University,,Arab Republic of Egypt

3 Professor of Accounting and Auditing, Faculty of Business, Alexandria University

Abstract

The Study aimed to examine and test the impact of recognizing digital currencies as intangible asset on Procedures of Gathering Audit Evidences, taking into account the moderating variables of the auditor's technological expertise and the external auditor's registration with the Financial Regulatory Authority (FRA).   
The study focuses on conducting an Experimental Study on a sample of auditors at audit firms registered with the Financial Regulatory Authority (FRA), which supervise companies listed on the Egyptian Stock Exchange. Using an an Experimental approach, the study analyzes data collected from registered audit firms to investigate the relationship between recognizing digital currencies as intangible asset and Procedures of Gathering Audit Evidences. 
The study found a positive impact of recognizing digital currencies as intangible asset on Procedures of Gathering Audit Evidences. Furthermore, the study confirms that the auditor's technological expertise and the external auditor's registration with the FRA strengthen this relationship, as more knowledgeable and experienced auditors tend to evaluate the recognition of digital currencies as intangible assets more effectively, which impacts Procedures of Gathering Audit Evidences. Limitations of the study include its focus on audit firms operating within the Egyptian regulatory environment, which may limit the generalizability of the results to other contexts.

Keywords

Files

Share

How to cite

Statistics