Blockchain

Heather Paquette of KPMG talks about how digital ledger technologies are impacting business and the auditing profession.

Accountants will play a pivotal role in widespread blockchain and cryptocurrency adoption — if they lean in.

Investments from Elon Musk, Mark Cuban, Snoop Dogg and Gene Simmons catapulted Dogecoin to one of the most popular cryptocurrencies on the market.

Compass enables advanced mapping capabilities between blockchain wallets and a business’ general ledger.

Together with government and industry representatives, the firm has created a far-reaching blockchain solution to address challenges in the cross-border withholding tax process.

The next step in the evolution of cryptoassets and blockchain technology, ‘decentralized finance’ is here to stay.

Technology isn’t just making audits faster and more efficient; it’s making them better, too.

BKD becomes reseller of Reptune; and AccountMate updates software, adds TaxJar integration.

EY aims to help business-to-business enterprise clients that have contractually driven, multiparty cash flow distributions to create similar blockchain platforms.

The fund is ready to provide Seed and Series A funding immediately.

In 2019, Armanino debuted TrustExplorer, an assurance platform that uses blockchain technology to provide continuous evidence collection and on-demand audit opinions.

The Committee of Sponsoring Organizations of the Treadway Commission has released a new paper offering its views on how blockchain technology can be used with an organization’s internal controls over financial reporting.

Deloitte is helping more of its clients leverage blockchain technology as it sees the distributed ledger technology gain increasing usage after years of experimentation with the technology.

This Practice Aid provides auditors with information to consider when accepting or continuing audit engagements that involve digital assets.

The firm has implemented inter.x in-house, but it is also available to clients to manage dealings between financial entities of a business, which account for 30 to 40 percent of the global economy.

The firm joins a growing group that is accepting cryptocurrency as payment.

Around the same time a sorely needed economic relief package made its way through Congress into law to try to offset the economic wreckage of COVID-19, a unique proposal came to light.

PayPie is offering access to its network of Small Business Association-authorized lending partners to businesses seeking funds through the SBA Payroll Protection Program during the COVID-19 pandemic and economic slowdown.

The Internal Revenue Service is including a question at the top of Schedule 1 of the Form 1040 this year asking taxpayers whether they received, sold, sent, exchanged or acquired a financial interest in virtual currency in 2019, but most taxpayers won’t have any record from a Form 1099 about their cryptocurrency transactions.

Blockchain explorers share their real-life experiences.