Nonauthoritative set of 13 Q&As also touches on how investment companies and broker-dealers should account for digital assets.
Blockchain is often misunderstood. For instance, there is not one blockchain but many. Similarly, there are many opinions about how blockchain will affect the practice of accounting. Participants in the our annual technology roundtable add their voices to the debate.
Although blockchain technology creates new risks, organizations also can use it to improve risk management and create better controls.
The upheaval of the coronavirus crisis caused the accounting profession to turn to technology like never before. Our technology roundtable discusses what was learned — and what the future holds.
This article discusses how accountants can spot the telltale sings that increasingly mainstream virtual currencies are being used to squirrel away illicit funds.
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 assurance opportunities blockchain is creating for accountants.
There are two main categories of AI: artificial general intelligence (AGI) and narrow artificial intelligence (NAI).
Data analytics, blockchain, artificial intelligence, and other technologies will drive big changes in the accounting profession over the next 10 years. Are you ready for what’s next?
See what “bots” can do for tax practices and departments.
2020 is not far away, and that means major changes related to technology are coming at us fast. The tech-focused founder of a consulting firm provides a preview.
Louise W. Reed, CPA, has developed a blockchain-based online marketplace that she believes will facilitate tax credit transfers nationally.
Jagruti Solanki, CPA, CGMA, an assurance partner within the technology and blockchain group at Aprio LLP, reveals what she has learned leading the blockchain services group at the firm.
In Part 2 of our annual accounting technology roundtable, our experts explore aspects of artificial intelligence, including what CPAs can realistically expect from initial AI implementations.
A partner at Garbelman Winslow CPAs describes the Maryland firm’s experience using machine learning to improve its audit process.
The Paul Reveres of accounting have been on their horses for the past couple of years, crying out that technologies such as AI and blockchain are set to invade the profession. “The robots are coming! The robots are coming!” Very well, but what should CPAs be doing about it? Find out in Part 1 of our annual Accounting Technology Roundtable.
Not-for-profits should proceed carefully as they consider whether to accept gifts of virtual currency. And here’s how they should proceed if they do.
Why shouldn’t CPA firms wait on others to develop AI and data analytics tools? Find out in this podcast episode.
What do ATMs and postage stamps have to do with blockchain? Find out in this JofA podcast episode.