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Blockchain in accounting – what does the future hold?

Reckon

The blockchain technology behind these developments can of course be used for a multitude of pursuits and will transform the underpinning technology behind a lot of existing technology and services. Blockchain accounting is one such service. What is blockchain technology? This is where blockchain differs.

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Friday Footnotes: Inside PwC Cheating; Audit Market Monopoly; AI Anxiety | 12.15.23

Going Concern

There’s a reason the Big Four firms often schedule key staff up to 3,000 hours annually for hundreds of dollars (or GBP) per hour. As 2024 approaches, Ignition’s latest survey reveals accountants will face what we’re calling triple threats: too much work, too few people and too late to move on tech.

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Friday Footnotes: CPAs Need to Get Contemporary; Internal Audit Priorities for 2024; A PwC Comic Book? | 8.30.24

Going Concern

A number of big firms, including PwC and BDO, are trying to kill the rule at the eleventh hour in a move that has raised eyebrows among some investor groups, which point out that many firms already boast of having bodies that sound a lot like what is being proposed. Accountingfly can help!

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Friday Footnotes: PCAOB Demands More Tedious Paperwork From Firms; PwC Partners Retire Early; KPMG Redeems Itself? | 11.22.24

Going Concern

Regulator [ Wall Street Journal ] Large accounting firms will have to submit financial statements annually to the U.S. Regulator [ Wall Street Journal ] Large accounting firms will have to submit financial statements annually to the U.S. We plan to build on that with AI,” Shawn Lennon said.

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Friday Footnotes: A Billion Dollar AI Audit Startup; Oops, All Independence Violations!; Bipartisan Tax Vote | 2.2.23

Going Concern

Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. This week, a group of privacy, technology and health care advocates filed a complaint with the Federal Trade Commission asking for an investigation into Deloitte Consulting. a Houston-based tax and accounting firm.

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