Global Journal of Computer Science and Technology, G: Interdisciplinary, Volume 23 Issue 1

development and capital flow at home and abroad; Establish accounting and auditing system standards, and ensure stable operation, significantly expand the right to speak in the formulation of international accounting and auditing standards, achieve high-quality accounting development, and be in a leading position in the world; Gradually optimize the structure of accounting talents, improve the professional ethics, ability level and knowledge level of accounting personnel, so that they can adapt to the identity of China's accounting power; Complete the digital transformation of accounting and auditing, basically solve the problem of accounting trust, ensure the quality of accounting and auditing work, strengthen the accounting service economy and society, and transform to the value chain, so that accounting can play an active role in building a digital China, building a high-standard market system, and improving the ability of national economic governance. In the new normal and new environment of the economy, the accounting information system should adapt to the new needs and new environment, find a breakthrough in the bottleneck that hinders the development, and blockchain technology is an inevitable choice, so this paper studies how the blockchain empowers the accounting information system in order to promote the further development of accounting. II. T he A ccounting I nformation S ystem F aces C hallenges and O pportunities a) The problems existing in the accounting information system Centralized mode The current accounting mode still adopts centralized mode, such as financial service sharing center and cloud mode. The model of accounting center has many disadvantages. All accounting information is centralized in the center, tampering cost is low, trustworthiness is questioned; All accounting information is concentrated in the center, poor transparency and openness, easy to be subjected to hackers and other network attacks, information theft, disclosure and other high risks, there are security risks; Fewer people participate in accounting data processing, it is difficult to play the collective wisdom, wisdom finance is difficult to develop; Financial report is only a fixed balance sheet, income statement, cash flow statement, difficult to meet the needs of various parties, the degree of information sharing is not high. In the current accounting information system, the financial department and the business department are still separated obviously, and the integration is not high. Nowadays, information technology is developed and information exchange is convenient. However, the lack of professional information exchange platform and the lack of awareness of the integration of business departments and financial departments lead to the obstruction of information sharing and communication. The cross-departmental business ability of financial personnel and business personnel needs to be improved. Financial personnel do not understand business, business personnel do not understand finance, and the knowledge and business skills of staff need to be transformed and upgraded. The enterprise management system is not perfect, the evaluation system is defective, the business department and the financial department only consider the problem from their own perspective, the business only considers the increase of performance and sales, does not consider the financial risk, the financial only considers the control of risk, does not consider the increase of business performance, these problems are not conducive to the integration of industry and finance. There are many problems in the development of accounting. Compared with the needs of economic and social development, there are still gaps in the construction of accounting auditing standard system. Compared with the requirements of the reform of "release regulation and service", the management of accounting service market still needs innovation; Compared with the construction of a high standard market system, the quality of accounting audit work still needs to be improved; Compared with the requirements of high quality development, the supply of high-end accounting talents is still insufficient; Compared with the comprehensive rule of law requirements, accounting rule of law construction still needs to be strengthened; Compared with the requirement of digital development, the informatization level of accounting audit work still needs to be improved. These problems need to be solved by institutional innovation, institutional optimization and institutional reform during the 14th Five-Year Plan period. During the "14th Five-Year Plan" period, accounting, as a foundational work in the macroeconomic management and allocation of market resources, faces rare development opportunities in the course of deepening reform comprehensively and integrating deeply into economic globalization in our country. Opportunities and challenges brought by the new international situation From the international perspective, the international situation is undergoing profound and complex changes, will profoundly affect the existing international accounting order; International economic and trade exchanges and cross-border capital flows have raised new requirements for cross- border accounting, auditing cooperation and supervision; New business models emerge in endlessly in economic development, which will profoundly affect the development trend of accounting standards. From the domestic point of view, in the steady and slow economic operation situation, accounting audit illegal behavior has a trend of rising, capital market financial fraud cases, causing widespread concern from all walks Research on Path of Blockchain Enabling Accounting Information System © 2023 Global Journals Global Journal of Computer Science and Technology Volume XXIII Issue I Version I 22 ( ) Year 2023 G