Blockchains Potential Impact On The Accounting Industry

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Blockchain's Potential Impact on the Accounting Industry

Author : Anna N. Griffin
Publisher :
ISBN 13 : 9781716967283
Total Pages : 0 pages
Book Rating : 4.9/5 (672 download)

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Book Synopsis Blockchain's Potential Impact on the Accounting Industry by : Anna N. Griffin

Download or read book Blockchain's Potential Impact on the Accounting Industry written by Anna N. Griffin and published by . This book was released on 2020-05-09 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology is always evolving and creating new ways to attempt to accomplish tasks more efficiently and effectively. One such technology is blockchain, a platform used to facilitate and verify transactions between parties. Originally, blockchain was created in 2008 to underlie the usage of Bitcoin. Blockchain is a technology that has the potential to make a large impact on many disciplines (not just in relation to cryptocurrencies), but this analysis will focus upon its use and impact on the accounting profession. This analysis addresses what a blockchain is, the different types of blockchains, and overall benefits and concerns of the technology. In addition, present uses of blockchain are discussed, and the future uses of the technology are considered for the accounting industry. When assessing the use of blockchain for accounting, possible benefits and potential concerns the technology poses are examined. While blockchain is in its infancy with professionals still trying to fully understand it, the potential it provides to impact accounting processes and accountants' roles is a very relevant topic in the accounting field. For instance, blockchain could help accountants spend less time on reconciliations of accounts and more time on advising clients. In addition, blockchain could allow the auditing process to be continuous without the need to sample transactions periodically. Looking ahead, members of the accounting profession will have to evaluate the costs and benefits of implementing blockchain to see where it could have the most impact on their business.

Blockchain Technology

Author : Laine Parker
Publisher :
ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.:/5 (122 download)

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Book Synopsis Blockchain Technology by : Laine Parker

Download or read book Blockchain Technology written by Laine Parker and published by . This book was released on 2019 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain is a digital ledger that records transactions conducted between different parties in a network. This technology has the potential to be very beneficial but is not currently in the place to apply practically to the accounting field. In today’s environment, blockchain is being used in many different areas of business, namely supply chain management and logistics. It is in the process of being translated into the accounting field and potentially replacing the traditional enterprise resource planning (ERP) systems the majority of companies use for accounting today. However, with certain advancements in the technology, it could significantly change accounting in the fields of tax, audit, and financial reporting. Potential applications for tax include simplifying payroll tax, transfer tax, and value added tax (VAT). However, there are no current applications of blockchain with tax as this would require significant changes in governmental regulations. There are numerous potential changes that may impact the audit field with some scholars even suggesting fully automated audits in the future. While this may not be fully realizable, the possibility of real-time auditing is not unrealistic. Blockchain will change financial reporting in many ways but primarily by creating one version of the truth for enterprises to use. This makes the creation and reliability of financial data and statements much more straightforward for all involved parties. Overall, as blockchain continues to evolve, it will never completely take away the need for accountants, but it will certainly change the way accountants do their jobs. CPAs in particular will have new roles such as blockchain auditors, arbitrators, and moderators.

Blockchain Technologies and Applications for Digital Governance

Author : Nijalingappa, Pradeep
Publisher : IGI Global
ISBN 13 : 1799884953
Total Pages : 266 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Blockchain Technologies and Applications for Digital Governance by : Nijalingappa, Pradeep

Download or read book Blockchain Technologies and Applications for Digital Governance written by Nijalingappa, Pradeep and published by IGI Global. This book was released on 2021-11-05 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since its inception, blockchain has evolved to become a crucial trending technology that massively impacts the fast-paced digital world. It has been a game-changing technology that is underpinned with cryptocurrencies like Ethereum and Bitcoin that eventually closed the doors for hacking activities. As blockchain is utilized across areas such as banking, voting, finance, healthcare, and manufacturing, it is important to examine the current trends, difficulties, opportunities, and future directions in order to utilize its full potential. Blockchain Technologies and Applications for Digital Governance addresses the impacts and future trends of blockchain, particularly for digital governance, and demonstrates the applications of blockchain in digital governance using case studies. Covering a range of topics from cybersecurity to real estate tokenization, it is ideal for industry professionals, researchers, academicians, instructors, practitioners, and students.

The Definitive Guide to Blockchain for Accounting and Business

Author : Saurav K. Dutta
Publisher : Emerald Group Publishing
ISBN 13 : 1789738679
Total Pages : 218 pages
Book Rating : 4.7/5 (897 download)

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Book Synopsis The Definitive Guide to Blockchain for Accounting and Business by : Saurav K. Dutta

Download or read book The Definitive Guide to Blockchain for Accounting and Business written by Saurav K. Dutta and published by Emerald Group Publishing. This book was released on 2020-09-30 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain is a disruptive technology potentially impacting how economic transactions are recorded, stored, and verified. Despite such ramifications, there is a lack of literature discussing this from the accountant’s perspective. Through real-world cases this book distils an abstract technology to relatable experiences for business professionals.

The End of Accounting and the Path Forward for Investors and Managers

Author : Baruch Lev
Publisher : John Wiley & Sons
ISBN 13 : 1119191084
Total Pages : 268 pages
Book Rating : 4.1/5 (191 download)

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Book Synopsis The End of Accounting and the Path Forward for Investors and Managers by : Baruch Lev

Download or read book The End of Accounting and the Path Forward for Investors and Managers written by Baruch Lev and published by John Wiley & Sons. This book was released on 2016-06-14 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: An innovative new valuation framework with truly useful economic indicators The End of Accounting and the Path Forward for Investors and Managers shows how the ubiquitous financial reports have become useless in capital market decisions and lays out an actionable alternative. Based on a comprehensive, large-sample empirical analysis, this book reports financial documents' continuous deterioration in relevance to investors' decisions. An enlightening discussion details the reasons why accounting is losing relevance in today's market, backed by numerous examples with real-world impact. Beyond simply identifying the problem, this report offers a solution—the Value Creation Report—and demonstrates its utility in key industries. New indicators focus on strategy and execution to identify and evaluate a company's true value-creating resources for a more up-to-date approach to critical investment decision-making. While entire industries have come to rely on financial reports for vital information, these documents are flawed and insufficient when it comes to the way investors and lenders work in the current economic climate. This book demonstrates an alternative, giving you a new framework for more informed decision making. Discover a new, comprehensive system of economic indicators Focus on strategic, value-creating resources in company valuation Learn how traditional financial documents are quickly losing their utility Find a path forward with actionable, up-to-date information Major corporate decisions, such as restructuring and M&A, are predicated on financial indicators of profitability and asset/liabilities values. These documents move mountains, so what happens if they're based on faulty indicators that fail to show the true value of the company? The End of Accounting and the Path Forward for Investors and Managers shows you the reality and offers a new blueprint for more accurate valuation.

Doing Critical Management Research

Author : Mats Alvesson
Publisher : SAGE
ISBN 13 : 9780761953333
Total Pages : 244 pages
Book Rating : 4.9/5 (533 download)

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Book Synopsis Doing Critical Management Research by : Mats Alvesson

Download or read book Doing Critical Management Research written by Mats Alvesson and published by SAGE. This book was released on 2000-05 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides a detailed discussion of the practice of critical research in organizations, utilizing and integrating both qualitative research processes and critical theories of organizations.

Applications of Blockchain Technology in Business

Author : Mohsen Attaran
Publisher : Springer Nature
ISBN 13 : 3030277984
Total Pages : 112 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis Applications of Blockchain Technology in Business by : Mohsen Attaran

Download or read book Applications of Blockchain Technology in Business written by Mohsen Attaran and published by Springer Nature. This book was released on 2019-09-25 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book discusses the various ways that blockchain technology is changing the future of money, transactions, government, and business. The first two chapters walk through the foundation of blockchain. Chapters 3–12 look at applications of blockchain in different industries and highlight its exciting new business applications. It show why so many companies are implementing blockchain, and present examples of companies who have successfully employed the technology to improve efficiencies and reduce costs. Chapter 13 highlights blockchain’s powerful potential to foster emerging markets and economies including smart cities, value-based healthcare, decentralized sharing economy, machine to machine transactions, data-sharing marketplace, etc. Chapter 14 offers a conceptual model, provides information and insights, and covers a step-by-step approach to plan and develop blockchain-based technology.

Managing Technological Innovation

Author : Frederick Betz
Publisher : John Wiley & Sons
ISBN 13 : 0470927577
Total Pages : 384 pages
Book Rating : 4.4/5 (79 download)

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Book Synopsis Managing Technological Innovation by : Frederick Betz

Download or read book Managing Technological Innovation written by Frederick Betz and published by John Wiley & Sons. This book was released on 2011-02-09 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by the author who helped crystalize the field of technology management and the management of innovation with the first two editions of Managing Technological Innovation, this Third Edition brings the subject in line with current business strategy. It also presents information in a newer organized format that aligns more closely with how the topics are presented and discussed in the classroom. Also included is a wider discussion of how science and technology interact with the global economy.

The Definitive Guide to Blockchain for Accounting and Business

Author : Saurav K. Dutta
Publisher : Emerald Group Publishing
ISBN 13 : 1789738652
Total Pages : 320 pages
Book Rating : 4.7/5 (897 download)

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Book Synopsis The Definitive Guide to Blockchain for Accounting and Business by : Saurav K. Dutta

Download or read book The Definitive Guide to Blockchain for Accounting and Business written by Saurav K. Dutta and published by Emerald Group Publishing. This book was released on 2020-09-30 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain is a disruptive technology potentially impacting how economic transactions are recorded, stored, and verified. Despite such ramifications, there is a lack of literature discussing this from the accountant’s perspective. Through real-world cases this book distils an abstract technology to relatable experiences for business professionals.

The Impact of Blockchain

Author : Seraphina Blake
Publisher : RWG Publishing
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4./5 ( download)

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Book Synopsis The Impact of Blockchain by : Seraphina Blake

Download or read book The Impact of Blockchain written by Seraphina Blake and published by RWG Publishing. This book was released on 2024-07-24 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Impact of Blockchain: Technology on Industries and Economies by Seraphina Blake explores the transformative power of blockchain technology. This groundbreaking book delves into how blockchain can disrupt and redefine traditional economic activities dominated by large institutions. With a focus on the technology's potential to decentralize control and enhance security in financial transactions, supply chain management, identity verification, and data security, Blake provides a high-level overview of blockchain's economic implications. Ideal for readers seeking to understand the future of blockchain, this study highlights its pro-innovation and pro-competitive strengths, offering insights into how this revolutionary technology could reshape our digital economies and address issues of market power concentration and inequality.

Blockchain and the Public Sector

Author : Christopher G. Reddick
Publisher : Springer Nature
ISBN 13 : 3030557464
Total Pages : 248 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis Blockchain and the Public Sector by : Christopher G. Reddick

Download or read book Blockchain and the Public Sector written by Christopher G. Reddick and published by Springer Nature. This book was released on 2021-01-28 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses blockchain technology and its potential applications in digital government and the public sector. With its robust infrastructure and append-only record system, blockchain technology is being increasingly employed in the public sector, specifically where trustworthiness and security are of importance. Written by leading scholars and practitioners, this edited volume presents challenges, benefits, regulations, frameworks, taxonomies, and applications of blockchain technology in the public domain. Specifically, the book analyzes the implementation of blockchain technologies in the public sector and the potential reforms it would bring. It discusses emerging technologies and their role in the implementation of blockchain technologies in the public sector. The book details the role of blockchain in the creation of public value in the delivery of public sector services. The book analyzes effects, impacts, and outcomes from the implementation of blockchain technologies in the public sector in select case studies. Providing up-to-date information on important developments regarding blockchain in government around the world, this volume will appeal to academics, researchers, policy-makers, public managers, international organizations, and technical experts looking to understand how blockchain can enhance public service delivery.

Blockchain for Business

Author : S. S. Tyagi
Publisher : John Wiley & Sons
ISBN 13 : 111971107X
Total Pages : 400 pages
Book Rating : 4.1/5 (197 download)

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Book Synopsis Blockchain for Business by : S. S. Tyagi

Download or read book Blockchain for Business written by S. S. Tyagi and published by John Wiley & Sons. This book was released on 2021-01-15 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book focuses on the power of business blockchain. It gives an overview of blockchain in traditional business, marketing, accounting and business intelligence. The book provides a detailed working knowedge of blockchain, user cases of blockchain in business, cryptocurrency and Initial Coin Offering(ICO) along with the risks associated with them. The book also covers the detailed study of decentralization, mining, consensus, smart contracts, concepts and working of distributed ledgers and hyper ledgers as well as many other important concepts. It also details the security and privacy aspects of blockchain. The book is beneficial for readers who are preparing for their business careers, those who are working with small scale businesses and startups, and helpful for business executives, managers, entrepreneurs, bankers, government officials and legal professionals who are looking to blockchain for secure financial transactions. The book will also be beneficial for researchers and students who want to study the latest developments of blockchain.

Integrative Advisory Services

Author : Amy Vetter
Publisher : John Wiley & Sons
ISBN 13 : 1119415977
Total Pages : 198 pages
Book Rating : 4.1/5 (194 download)

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Book Synopsis Integrative Advisory Services by : Amy Vetter

Download or read book Integrative Advisory Services written by Amy Vetter and published by John Wiley & Sons. This book was released on 2017-11-20 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stop crunching numbers and start truly serving your clients Integrative Advisory Services is the CPA, accounting professional and bookkeeper's guide to the future. As technology paves the way for increased self-reliance and DIY financial services, much of the traditional data entry tasks of accounting professionals and bookkeepers will be reduced. Yet, nothing can replace the human side of the client-advisor experience and the desire to improve your clients' businesses with financial information. Technology will continue marching on, so accounting professionals must adapt to the changing marketplace to thrive in this new paradigm. This book shows you how to provide the kind of value that technology cannot: human connection. Rather than simply reporting data, today's accounting professionals have an opportunity to take a much more active role in their clients' business by analyzing the story behind the numbers, understanding both operations and finance, and guiding the client toward the outcomes they need. Creating an ongoing relationship throughout the year allows you to be proactive rather than reactive, and help your client's business at a holistic level. Your business owner and CEO clients can get the numbers from the computer too—but, they come to you for personalized advice, explanations, and guidance based on their unique situation and financial needs. This book shows you how to take on more of an advisory role and become a critical component of your client's success. Spend less time crunching numbers and more time advising clients Become an integral part of the client's decision-making process Provide real value by clearly communicating financial data analysis Become the strategic partner your client cannot do without Cloud technology, machine learning, and artificial intelligence are not the death knell for financial advisors; in fact, they're the opposite—they do the number crunching for you, leaving you more time to provide the personal guidance that no computer could. As the financial advisory industry evolves, Integrative Advisory Services is your real-world guide to adapting and thriving.

Integrating Blockchain Technology Into the Circular Economy

Author : Khan, Syed Abdul Rehman
Publisher : IGI Global
ISBN 13 : 1799876446
Total Pages : 307 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Integrating Blockchain Technology Into the Circular Economy by : Khan, Syed Abdul Rehman

Download or read book Integrating Blockchain Technology Into the Circular Economy written by Khan, Syed Abdul Rehman and published by IGI Global. This book was released on 2022-03-11 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, the industrial revolution has increased economic growth despite its immersion in global environmental issues such as climate change. Researchers emphasize the adoption of circular economy practices in global supply chains and businesses for better socio-environmental sustainability without compromising economic growth. Integrating blockchain technology into business practices could promote the circular economy as well as global environmental sustainability. Integrating Blockchain Technology Into the Circular Economy discusses the technological advancements in circular economy practices, which provide better results for both economic growth and environmental sustainability. It provides relevant theoretical frameworks and the latest empirical research findings in the applications of blockchain technology. Covering topics such as big data analytics, financial market infrastructure, and sustainable performance, this book is an essential resource for managers, operations managers, executives, manufacturers, environmentalists, researchers, industry practitioners, students and educators of higher education, and academicians.

Analyzing blockchain-based accounting: insights and findings using NVivo

Author : Ariesto Hadi Sutopo
Publisher : Topazart
ISBN 13 : 6239888796
Total Pages : 216 pages
Book Rating : 4.2/5 (398 download)

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Book Synopsis Analyzing blockchain-based accounting: insights and findings using NVivo by : Ariesto Hadi Sutopo

Download or read book Analyzing blockchain-based accounting: insights and findings using NVivo written by Ariesto Hadi Sutopo and published by Topazart. This book was released on 2023-10-20 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Through easy-to-follow tips and helpful examples in various analyses of, Analyzing Blockchain-based Accounting: Insights and Findings Using NVivo gives you the tools you need to get a steady stream of analyzing blockchain-based accounting using open-ended surveys. In this book, you値l discover: ｷ Understanding blockchain ｷ How blockchain makes changes in the accounting system ｷ How to simplify your plot to create open-ended surveys ｷ How to find the vital key in your surveys ｷ The step-by-step system for analyzing your data for rhythm, momentum, and clarity Finally, you no longer have to take on the challenge of analyzing alone. With a more intriguing analysis, all your future research, articles, and marketing campaigns can perform significantly better. You want more success in your research, and this book is a great way to make it a reality.

Research Anthology on Blockchain Technology in Business, Healthcare, Education, and Government

Author : Management Association, Information Resources
Publisher : IGI Global
ISBN 13 : 1799853527
Total Pages : 1924 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Research Anthology on Blockchain Technology in Business, Healthcare, Education, and Government by : Management Association, Information Resources

Download or read book Research Anthology on Blockchain Technology in Business, Healthcare, Education, and Government written by Management Association, Information Resources and published by IGI Global. This book was released on 2020-09-30 with total page 1924 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even though blockchain technology was originally created as a ledger system for bitcoin to operate on, using it for areas other than cryptocurrency has become increasingly popular as of late. The transparency and security provided by blockchain technology is challenging innovation in a variety of businesses and is being applied in fields that include accounting and finance, supply chain management, and education. With the ability to perform such tasks as tracking fraud and securing the distribution of medical records, this technology is key to the advancement of many industries. The Research Anthology on Blockchain Technology in Business, Healthcare, Education, and Government is a vital reference source that examines the latest scholarly material on trends, techniques, and uses of blockchain technology applications in a variety of industries, and how this technology can further transparency and security. Highlighting a range of topics such as cryptography, smart contracts, and decentralized blockchain, this multi-volume book is ideally designed for academics, researchers, industry leaders, managers, healthcare professionals, IT consultants, engineers, programmers, practitioners, government officials, policymakers, and students.

Transforming Climate Finance and Green Investment with Blockchains

Author : Alastair Marke
Publisher : Academic Press
ISBN 13 : 0128144483
Total Pages : 370 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Transforming Climate Finance and Green Investment with Blockchains by : Alastair Marke

Download or read book Transforming Climate Finance and Green Investment with Blockchains written by Alastair Marke and published by Academic Press. This book was released on 2018-06-28 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transforming Climate Finance and Green Investment with Blockchains establishes and analyzes the connection between this revolutionary technology and global efforts to combat climate change. The benefits of blockchain come through various profound alterations, such as the adoption of smart contracts that are set to redefine governance and regulatory structures and transaction systems in coming decades. Each chapter contains a problem statement that describes the challenges blockchain technology can address. The book brings together original visions and insights from global members of the Blockchain Climate Institute, comprising thought leaders, financial professionals, international development practitioners, technology entrepreneurs, and more. This book will help readers understand blockchain technology and how it can facilitate the implementation of the Paris Agreement and accelerate the global transition to a green economy. Provides an authoritative examination of this emerging digital technology and its implications on global climate change governance Includes detailed proposals and thorough discussions of implementation issues that are specific to green economy sectors Relates innovative proposals to existing applications to demonstrate the value add of blockchain technology Covers blockchain for the smarter energy sector, for fraud-free emissions management, to streamline climate investments, and legal frameworks for blockchain-based climate finance