Blockchain

The inaugural class of Accounting Today’s Best Firms for Technology are blazing a trail that all firms need to follow.

From lessons learned in tax season, the blockchain accounting and tax software provider has released several upgrades to its cryptocurrency reporting software, Balance.

EY has announced a significant investment into its Blockchain Analyzer product, as well as, separately, the release of its zero-knowledge proof (ZKP) private transaction protocol into the public domain.

The second iteration of the Token Taxonomy Act, released on April 9 and hereinafter referred colloquially as “2.0,” is Congress’ latest product aimed at recognizing and defining a new asset class derived from blockchain technology.

Tipalti deepens PayPal integration, Cetrom wins award and Rapyd launches hyper-local payments solution.

While accountants may be concerned with how blockchain is going to impact them, it's going to have a bigger impact sooner on many of their clients' industries, says CohnReznick partner and technology industry practice leader Asael Meir.

Senior finance executives are working on implementing a slew of advanced technologies at a rapid rate, according to a survey by Grant Thornton.

The company's Balance product is for accountants and tax preparers with clients significantly invested in crypto.

The meteoric rise of cryptocurrencies brings many legal and regulatory repercussions that are still unfolding.

It is now well-accepted that blockchain is an accounting technology that can significantly reduce the time needed for recording, reconciliation and reporting in almost any industry.

How the cloud, AI and blockchain are moving in tandem to change the industry.

The participation of accounting firms in the cryptocurrency market is a step toward legitimizing the intangible asset.

The release follows a slew of large firms opening cryptocurrency and blockchain services for clients.

Accounting professionals need to keep developing and maintaining robust internal controls around cryptoassets.

Blockchain and cryptocurrencies are going to play a major role in the economy and the accounting profession.

It's not a question of keeping up with disruption -- it's a question of getting ahead of it.

Following in the steps of other Top 100 Firms, Armanino has opened a blockchain practice, through which it will offer a range of specialized services to clients.

You can ignore change -- or you can prepare for it and leverage it, says Joe Woodard, who dives into the tools that are changing accounting.

What accountants, controllers and CFOs should keep an eye on this year, based on discussions with peers in different areas of technology and business.

Panelists at a discussion hosted by the Accountants Club of America see social media, texting and cybersecurity among the major trends for the coming year.