Integrating Blockchain, IoT, and XBRL in Accounting Information Systems: A Systematic Literature Review
Abstract
:1. Introduction
2. Methodology
2.1. Definition of the Research Question
2.2. Search for Literature
2.3. Applying Inclusion and Exclusion Criteria
2.4. Quality Assessment
3. Results
3.1. Journal Analysis
3.2. Blockchain Studies
3.2.1. Overview Analysis
3.2.2. Blockchain as an Accounting System
Blockchain as a Triple-Entry Accounting System
Blockchain as a Single Accounting System
3.2.3. Blockchain and the Quality of Accounting Information
3.3. Internet of Things Technology Studies
3.3.1. Overview Analysis
3.3.2. Using the Internet of Things (IoT) in the Accounting Field
3.4. eXtensible Business Reporting Language (XBRL) Studies
3.4.1. Overview Analysis
3.4.2. The Benefits of eXtensible Business Reporting Language (XBRL) in Accounting
3.5. The Integration of Blockchain, the Internet of Things, and XBRL
4. Discussion
5. The Limitations of the Study
6. Future Research Directions
7. Conclusions
Supplementary Materials
Author Contributions
Funding
Data Availability Statement
Acknowledgments
Conflicts of Interest
References
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Inclusion Criteria | Exclusion Criteria |
---|---|
Studies within the fields of business, management, and accounting. | Studies out of the fields of business, management, and accounting |
English studies | Studies in languages other than English |
Peer-reviewed articles, book chapters, and books | Conference papers, notes |
Accessible studies | Inaccessible studies |
Studies related to the variables of the study | Studies not related to the variables of the study |
From 2013 to 2023 | Duplicated studies |
Journal | Number of Papers |
---|---|
Journal of Information Systems | 34 |
Journal of Emerging Technologies in Accounting | 25 |
International Journal of Accounting Information Systems | 12 |
International Journal of Digital Accounting Research | 9 |
International Journal of Accounting and Information Management | 9 |
Financial and Credit Activity: Problems of Theory and Practice | 8 |
Accounting, Auditing and Accountability Journal | 8 |
Australian Accounting Review | 6 |
Journal of Accounting and Public Policy | 6 |
Accounting Perspectives | 6 |
Journal of Financial Reporting and Accounting | 6 |
Academy of Accounting and Financial Studies Journal | 5 |
Decision Support Systems | 5 |
Intelligent Systems in Accounting, Finance and Management | 5 |
Accounting and Finance | 4 |
Quality—Access to Success | 4 |
Accounting Research Journal | 3 |
Journal of Business Research | 3 |
Journal of Risk and Financial Management | 3 |
Title | Authors | Citation |
---|---|---|
Toward Blockchain-Based Accounting and Assurance | (Dai and Vasarhelyi 2017a) | 377 |
The Role of Internet-Related Technologies in Shaping the Work of Accountants: New Directions for Accounting Research | (Moll and Yigitbasioglu 2019) | 187 |
Accounting and Auditing at the Time of Blockchain Technology: A Research Agenda | (Schmitz and Leoni 2019) | 165 |
Configuring Blockchain Architectures for Transaction Information in Blockchain Consortiums: The Case of Accounting and Supply Chain Systems | (O’Leary 2017) | 163 |
Blockchain: Emergent Industry Adoption and Implications for Accounting | (Kokina et al. 2017) | 163 |
Title | Authors | Citation |
---|---|---|
Machine Learning-Based Digital Twin Framework for Production Optimization in the Petrochemical Industry | (Min et al. 2019) | 245 |
The Internet of Things and Corporate Business Models: A Systematic Literature Review | (Palmaccio et al. 2021) | 46 |
The Internet of Things and Economic Growth in a Panel of Countries | (Edquist et al. 2021) | 34 |
Demand Effects of the Internet-of-Things Sales Channel: Evidence from Automating the Purchase Process | (Adamopoulos et al. 2021) | 11 |
Integrated Billing Mechanisms in the Internet of Things to Support Information Sharing and Enable New Business Opportunities | (Uckelmann and Harrison 2010) | 7 |
Title | Authors | Citation |
---|---|---|
Does Search-Facilitating Technology Improve the Transparency of Financial Reporting? | (Hodge et al. 2004) | 298 |
The Production and Use of Semantically Rich Accounting Reports on the Internet: XML and XBRL | (Debreceny and Gray 2001) | 170 |
Does It Add Up? Early Evidence on the Data Quality of XBRL Filings to the SEC | (Debreceny et al. 2010) | 140 |
Does XBRL Adoption Reduce Information Asymmetry? | (Yoon et al. 2011) | 133 |
Measuring Accounting Reporting Complexity with XBRL | (Hoitash and Hoitash 2018) | 113 |
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Nofel, M.; Marzouk, M.; Elbardan, H.; Saleh, R.; Mogahed, A. Integrating Blockchain, IoT, and XBRL in Accounting Information Systems: A Systematic Literature Review. J. Risk Financial Manag. 2024, 17, 372. https://doi.org/10.3390/jrfm17080372
Nofel M, Marzouk M, Elbardan H, Saleh R, Mogahed A. Integrating Blockchain, IoT, and XBRL in Accounting Information Systems: A Systematic Literature Review. Journal of Risk and Financial Management. 2024; 17(8):372. https://doi.org/10.3390/jrfm17080372
Chicago/Turabian StyleNofel, Mohamed, Mahmoud Marzouk, Hany Elbardan, Reda Saleh, and Aly Mogahed. 2024. "Integrating Blockchain, IoT, and XBRL in Accounting Information Systems: A Systematic Literature Review" Journal of Risk and Financial Management 17, no. 8: 372. https://doi.org/10.3390/jrfm17080372