FROM DOUBLE-ENTRY TO TRIPLE-ENTRY: THE EVOLUTION OF ACCOUNTING IN THE BLOCKCHAIN ERA

Öz

This study examines the transformative potential of blockchain technology on the double-entry accounting system, which forms the foundation of modern accounting. Despite its revolutionary nature, double-entry accounting has limitations, such as susceptibility to errors and fraud, as well as labor and time intensity. Blockchain-based triple-entry accounting offers potential solutions to these limitations. Accordingly, the study explores the evolution of the double-entry system, the interaction between blockchain technology and accounting, the development of the triple-entry system, and its potential benefits and challenges. A literature review was conducted, and secondary data were analyzed. Findings indicate that the triple-entry system offers advantages such as transparency, enhanced stakeholder trust, error and fraud reduction, real-time and continuous auditing, data integrity, and reduced reporting costs. However, challenges include organizational resistance to change, training qualified professionals, technological infrastructure costs, cybersecurity risks, and the need for external auditing and trust in private blockchain structures. Thus, while integrating the triple-entry system into businesses, both opportunities and challenges highlighted in this study should be considered. The findings contribute to the literature on the impact of blockchain on double-entry accounting and guide researchers and practitioners.

Anahtar Kelimeler

• Accounting
• Blockchain
• Double Entry Accounting
• Triple Entry Accounting

ÇİFT TARAFLI KAYITTAN ÜÇ TARAFLI KAYDA: BLOK ZİNCİRİ ÇAĞINDA MUHASEBENİN DÖNÜŞÜMÜ

Öz

Bu çalışma modern muhasebenin temelini oluşturan çift taraflı kayıt sisteminin blok zinciri teknolojisi ile olan dönüşüm potansiyelini incelemektedir. Devrimsel bir yaklaşım olmasına rağmen çift taraflı kaydın hata ve hileyi önleme, yoğun emek ve zaman ihtiyacı gibi sınırlılıkları mevcuttur. Blok zinciri temelli üç taraflı kayıt sistemi bu sınırlılıklara cevap olma potansiyeline sahiptir. Buradan hareketle çalışmada çift taraflı kayıt sisteminin gelişimi, blok zinciri teknolojisi ve muhasebe etkileşimi, üç taraflı kayıt sisteminin gelişimi, potansiyel fayda ve zorlukları incelenmektedir. Çalışmada literatür taraması yapılmış ve ikincil kaynaklardan elde edilen veriler analiz edilmiştir. Bulgulara göre üç taraflı kayıt sistemi şeffaflık, paydaşlar arası güven, hata ve hile azaltma, gerçek zamanlı ve sürekli denetim, veri bütünlüğü, raporlama maliyetlerinde azalma şeklinde avantajlara sahiptir. Diğer taraftan işletmelerde değişime karşı direnç, uzman yetiştirme ve teknolojik altyapı maliyetleri, siber güvenlik, özel blok zinciri yapısında dış denetim ve güven ihtiyacı meseleleri sistemin temel zorluklarıdır. Buna göre üç taraflı kayıt sisteminin işletmelere entegrasyonu sürecinde çalışmada belirtilen fırsatların yanında zorluklar da dikkate alınmalıdır. Bulgular genel kapsamda blok zincirinin çift taraflı kayda etkileri üzerine literatüre katkı sağlamakta; araştırmacı ve uygulayıcılara yol göstermektedir.

Anahtar Kelimeler

• Muhasebe
• Blok Zinciri
• Çift Taraflı Kayıt
• Üç Taraflı Kayıt

Kaynakça

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