[ad_2][ad_1] There is an ongoing debate about the future of the profession: Should accountants be worried? He asks Erica Pimentel, CPA, CA, PhD student in accounting and a Concordia Public Scholar from Concordia University in Montreal. MONTREAL – Basically, the practice of bookkeeping involves gathering information and preparing financial reports …
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[ad_2][ad_1] by Eloisa Marchesoni Although the blockchain is closely associated with the cryptocurrency, Bitcoin, it is always good to keep in mind that the technology has the potential to be applied to a broad spectrum of industrial sectors. One of these is accounting. The reason why today's accountants should be …
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[ad_2][ad_1] Every time you convert Bitcoin into anything, whether it be goods or services, other cryptocurrencies or even tax payments, it could be a taxable event, depending on local regulations. It's not something crypts think about when they do their daily lives, but potential sanctions can be unpredictable for tax …
Read More »[ad_2][ad_1] | To share | To share | To share | To share "Blockchain is an accounting system and we are accountants". The CPAs and consultants Masotti and Masotti LLC, a nearly 60-year-old CPA company, have recently registered as a brand of newly launched Blockchain consulting services. He says almost …
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[ad_2][ad_1] In his Hype Cycle for Emerging Technologies 2017, Gartner estimates that it will take between 5 and 10 years before traditional blockchain adoption. However, key players in the financial services industry are already seeing benefits from technology, using blockchain as a "trust protocol" that can change the rules for …
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