This study explores the adoption of blockchain technology to enhance the quality of financial reporting by utilizing the UTAUT2 model to assess the factors influencing its acceptance among internal accountants. Blockchain technology is essential to improve transparency, security, and accuracy in financial data. Despite the potential benefits of blockchain technology, the complexity of its application in financial records still requires further understanding. By applying a quantitative approach with data collected using questionnaires distributed to industry experts in the financial sector. The key findings reveal that most of the UTAUT2 factors have a positive significant effect on blockchain adoption, except for social influence that has a significant negative effect, along with hedonic motivation and price value do not have a significant influence on blockchain adoption. The conclusions of the study highlight the importance of technology-driven infrastructure development in financial reporting to present relevant, verifiable, comparable, understandable, and reliable financial statements. The rapid dynamics of the development of blockchain technology in various industries, including the financial sector, may limit the relevance of the findings in this study over time. Therefore, this study concludes by recommending exploring higher adoption by expanding the scope of future research.
