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TrueUp, a learning company that "gamifies" accounting and finance skills, held its inaugural Blockchain Challenge for Accountants last month, announcing the results this week. Dubbed "Broken Bots 'N' ...
A common misconception has come up that the writing of each piece of information to the blockchain is actually a third entry. It’s not.
Erik Asgeirsson, president and CEO of CPA.com, and Ron Quaranta, founder and chairman of the Wall Street Blockchain Alliance, examine tax and accounting issues related to cryptoassets and explore ...
In the realm of accounting and finance, there is a major technology often misunderstood by professionals that could dramatically change the game for the financial services industry.
So, while blockchain in accounting and audit may not yet be felt, it’s never too soon to survey the technology landscape and adjust the strategy of your firm accordingly. In such a fast-paced ...
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Exploring the benefits and challenges of adopting blockchain accountingA QUT study of blockchain hesitancy in accounting found participants agreed on its efficiency and transparency but were deterred by blockchain's complexity and cost of integration into existing ...
Blockchain, machine learning, and a future accounting CPAs need to be learning and preparing now for a radically reshaped profession.
The truth is that blockchain’s impact on the accounting industry is likely to be similar to that of the development of the personal computer.
According to new data, the use of blockchain and cryptocurrencies is increasing and finance and accounting departments are already feeling the impact.
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