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| blockchain technology in accounting: Blockchain Technology in Accounting and Auditing Oleksandr Melnychenko, 2018-01-14 The invention of the blockchain technology can be equated with the invention of the writing or Internet network, considering their major role in the communication between individuals as well as legal persons, regarding information transfer, money transfer etc. The author analyses the technology, the implemented and projected examples of its use, its relationship with accounting and auditing as well as its influence on the development of these economic sciences.The development of accounting and auditing is linked to the development of modern technologies. Nowadays, according to the technological progress the role of blockhain technology is constantly increasing. Blockhain is a distributed database that maintains a continuously-growing list of data records secured from tampering and revision. Blockchain can be used in financial and banking sectors first of all, but also in e-government and administrative sectors.The implementation of blockchain technologies in accounting and auditing doesn't change their fundamental principles but increases the auditing capacities. In some countries blockchain is adopted for auditing as a practical matter, including the national level.#blockchain; #Internet; #accounting; #auditing; #financial; #banking; #e-government |
| blockchain technology in accounting: Blockchain Technologies and Applications for Digital Governance Nijalingappa, Pradeep, Ghonge, Mangesh Manikrao, 2021-11-05 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. |
| blockchain technology in accounting: The Definitive Guide to Blockchain for Accounting and Business Saurav K. Dutta, 2020-09-30 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. |
| blockchain technology in accounting: Blockchain, Artificial Intelligence and Financial Services Sean Stein Smith, 2019-11-15 Blockchain technology and artificial intelligence (AI) have the potential to transform how the accounting and financial services industries engage with the business, stakeholder and consumer communities. Presenting a blend of technical analysis with current and future applications, this book provides professionals with an action plan to embrace and move forward with these new technologies in financial and accounting organizations. It is written in a conversational style that is unbiased and objective, replacing jargon and technical details with real world case examples. |
| blockchain technology in accounting: Strategic Innovative Marketing and Tourism Androniki Kavoura, Efstathios Kefallonitis, Prokopios Theodoridis, 2020-03-09 This book covers a very broad range of topics in marketing, communication, and tourism, focusing especially on new perspectives and technologies that promise to influence the future direction of marketing research and practice in a digital and innovational era. Among the areas covered are product and brand management, strategic marketing, B2B marketing and sales management, international marketing, business communication and advertising, digital and social marketing, tourism and hospitality marketing and management, destination branding and cultural management, and event marketing. The book comprises the proceedings of the International Conference on Strategic Innovative Marketing and Tourism (ICSIMAT) 2019, where researchers, academics, and government and industry practitioners from around the world came together to discuss best practices, the latest research, new paradigms, and advances in theory. It will be of interest to a wide audience, including members of the academic community, MSc and PhD students, and marketing and tourism professionals. |
| blockchain technology in accounting: Information For Efficient Decision Making: Big Data, Blockchain And Relevance Kashi R Balachandran, 2020-11-19 Can there be reliable information that is also relevant to decision making? Information for Efficient Decision Making: Big Data, Blockchain and Relevance focuses on the consolidation of information to facilitate making decisions in firms, in order to make their operations efficient to reduce their costs and consequently, increase their profitability. The advent of blockchain has generated great interest as an alternative to centralized organizations, where the data is gathered through a centralized ledger keeping of activities of the firm. The decentralized ledger keeping is one of the main features of blockchain that has given rise to many issues of technology, development, implementation, privacy, acceptance, evaluation and so on. Blockchain concept is a follow-up to big data environment facilitated by enormous progress in computer hardware, storage capacities and technological prowess. This has resulted in the rapid acquiring of data not considered possible earlier. With shrewd modeling analytics and algorithms, the applications have grown to significant levels. This handbook discusses the progress in data collection, pros and cons of collecting information on decentralized publicly available ledgers and several applications. |
| blockchain technology in accounting: The Definitive Guide to Blockchain for Accounting and Business Saurav K. Dutta, 2020-09-30 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. |
| blockchain technology in accounting: Digital Business Transformation Rocco Agrifoglio, Rita Lamboglia, Daniela Mancini, Francesca Ricciardi, 2020-09-15 The recent surge of interest in “digital transformation” is changing the business landscape and posing several challenges, both organizational and sectoral. This transformation involves the application of digital technology in all aspects of business, and enables organizations to create new products and services, and to find more efficient ways of doing business. Moreover, the digital transformation is happening within and across organizations of all types and in every industry, producing a disruptive innovation that can break down the barriers between people and organizations, and help create more adaptive processes. In the information age, it is imperative for organizations to develop IT-related capabilities that allow them to leverage the potential of digital technologies. Due to the pervasive effects of this transformation on processes, firms and industries, both scholars and practitioners are interested in better understanding the key mechanisms behind the emergence and evolution of the digital business transformation. This book presents a collection of research papers focusing on the relationships between technologies (e.g., digital platforms, AI, blockchain, etc.), processes (e.g., decision-making, co-creation, financial, compliance, etc.), and organizations (e.g., smart organizations, digital ecosystems, Industry 4.0, collaborative networked organizations, etc.), which have been categorized into three major areas: organizing, managing and controlling. It also provides critical insights into how the digital transformation is enhancing organizational processes and firms’ performance through an exploration and exploitation of internal resources, and through the establishment of external connections and linkages. The plurality of views offered makes this book particularly relevant for users, companies, scientists, and governments. The content of the book is based on a selection of the best papers (original double-blind peer-reviewed contributions) presented at the annual conference of the Italian chapter of the AIS, which was held in Naples, Italy in September 2019. |
| blockchain technology in accounting: Uncertainty Quantification Techniques in Statistics Jong-Min Kim, 2020 Uncertainty quantification (UQ) is a mainstream research topic in applied mathematics and statistics. To identify UQ problems, diverse modern techniques for large and complex data analyses have been developed in applied mathematics, computer science, and statistics. This Special Issue of Mathematics (ISSN 2227-7390) includes diverse modern data analysis methods such as skew-reflected-Gompertz information quantifiers with application to sea surface temperature records, the performance of variable selection and classification via a rank-based classifier, two-stage classification with SIS using a new filter ranking method in high throughput data, an estimation of sensitive attribute applying geometric distribution under probability proportional to size sampling, combination of ensembles of regularized regression models with resampling-based lasso feature selection in high dimensional data, robust linear trend test for low-coverage next-generation sequence data controlling for covariates, and comparing groups of decision-making units in efficiency based on semiparametric regression. |
| blockchain technology in accounting: Cryptocurrency and Blockchain Technology Shaen Corbet, Andrew Urquhart, Larisa Yarovaya, 2020-08-24 This handbook will provide a comprehensive treatment of the gamut of issues and challenges that exist through the development of both cryptocurrencies and blockchain technology. This will not be confined to simply the investment potential within these new technological areas. We will examine the challenges in the regulatory, legal, taxation, accounting, modelling, ethical, macroeconomic impact and internationalization issues. Research on cryptocurrencies and blockchain technology has identified issues such as pricing abnormalities and bubble-like behavior, indicating that these new assets are highly speculative in nature, contain a growing number of legal abnormalities (such as the hacking of exchanges and broad theft of investor assets) and a growing number of significant regulatory issues. It is paramount that we investigate each of these issues in great detail to help to determine whether cryptocurrencies and blockchain technology merits consideration as a sustainable alternative investment asset. The handbook will be useful for specialist technical audiences such as legal, accounting and financial practices. It will also be beneficial for upper level masters and research students in economics, law, accounting, taxation, investment and portfolio management. |
| blockchain technology in accounting: Cyber Security Intelligence and Analytics Zheng Xu, Reza M. Parizi, Mohammad Hammoudeh, Octavio Loyola-González, 2020-03-10 This book presents the outcomes of the 2020 International Conference on Cyber Security Intelligence and Analytics (CSIA 2020), an international conference dedicated to promoting novel theoretical and applied research advances in the interdisciplinary field of cyber security, particularly focusing on threat intelligence, analytics, and countering cyber crime. The conference provides a forum for presenting and discussing innovative ideas, cutting-edge research findings, and novel techniques, methods and applications on all aspects of Cyber Security Intelligence and Analytics. The 2020 International Conference on Cyber Security Intelligence and Analytics (CSIA 2020) is held at Feb. 28-29, 2020, in Haikou, China, building on the previous successes in Wuhu, China (2019) is proud to be in the 2nd consecutive conference year. |
| blockchain technology in accounting: Supply Chain Finance and Blockchain Technology Erik Hofmann, Urs Magnus Strewe, Nicola Bosia, 2017-08-03 This book investigates how the Blockchain Technology (BCT) for Supply Chain Finance (SCF) programs allows businesses to come together in partnerships and accelerate cash flows throughout the supply chain. BCT promises to change the way individuals and corporations exchange value and information over the Internet, and is perfectly positioned to enable new levels of collaboration among the supply chain actors. The book reveals new opportunities stemming from the application of BCT to SCF financing solutions, particularly reverse factoring – or approved payables financing. To do so, it first identifies the principal barriers and pain points in delivering financing solutions. Then, a possible blockchain-driven supply chain model is defined. Using this framework, the book subsequently discusses relevant use cases for the technology, which could open up new opportunities in the SCF space. It demonstrates that blockchain and distributed ledgers technologies could deliver substantial benefits for all parties involved in SCF transactions, promising to expedite the processes and lower the overall costs of financing programs. Industry giants such as IBM, Maersk, China-based Dianrong and FnConn (a Foxconn subsidiary) are currently working to digitize the global, cross-border supply chain using blockchain technology, and will likely soon create blockchain platforms for supply chain finance. These solutions aim to reduce complexity and make data sharing more secure, accurate and efficient. This book offers a highly topical resource for stakeholders across the entire supply chain, helping them prepare for the upcoming technological revolution. |
| blockchain technology in accounting: Integrating Blockchain Technology Into the Circular Economy Khan, Syed Abdul Rehman, 2022-03-11 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. |
| blockchain technology in accounting: Accounting and Finance Innovations Nizar Alsharari, 2021-12-22 The world is currently experiencing the advent of new information technologies with dynamic changes, which can be considered as one of the greatest business threats today. Accordingly, international business and academia have claimed to be working towards developing innovations in accounting and finance that are useful for all stakeholders. The recent accounting and finance scholarship has moved forward toward new innovations that advance professional practice. This book introduces and discusses new innovations in accounting and finance, including management accounting, blockchain, E-business models, data analytics, artificial intelligence, cryptocurrency, bitcoin, digital assets, and associated risks. It also sheds light on how and why accounting and finance innovations have changed over time. This book will help practitioners and academics develop and introduce new accounting and finance tools and concepts. It is also a useful resource for those working in the accounting and finance fields. |
| blockchain technology in accounting: Research Anthology on Blockchain Technology in Business, Healthcare, Education, and Government Management Association, Information Resources, 2020-09-30 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. |
| blockchain technology in accounting: Blockchain Economics and Financial Market Innovation Umit Hacioglu, 2019-12-03 This book discusses various aspects of blockchains in economic systems and investment strategies in crypto markets. It first addresses the topic from a conceptual and theoretical point of view, and then analyzes it from an assessment and investment angle. Further, it examines the opportunities and limitations of the taxation of crypto currency, as well as the political implications, such as regulation of speculation with crypto currencies. The book is intended for academicians and students in the fields of economics and finance. |
| blockchain technology in accounting: Digital Business Strategies in Blockchain Ecosystems Umit Hacioglu, 2019-11-09 This book analyzes the effects of the latest technological advances in blockchain and artificial intelligence (AI) on business operations and strategies. Adopting an interdisciplinary approach, the contributions examine new developments that change the rules of traditional management. The chapters focus mainly on blockchain technologies and digital business in the Industry 4.0 context, covering such topics as accounting, digitalization and use of AI in business operations and cybercrime. Intended for academics, blockchain experts, students and practitioners, the book helps business strategists design a path for future opportunities. |
| blockchain technology in accounting: Blockchain and the Public Sector Christopher G. Reddick, Manuel Pedro Rodríguez-Bolívar, Hans Jochen Scholl, 2021-01-28 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 technology in accounting: AUDITING RAVINDER KUMAR, VIRENDER SHARMA, 2015-05-01 This comprehensive, well-received and thoroughly updated text, now in its Third Edition, continues to provide an in-depth analysis of the basic concepts of Auditing emphasising the practical aspects of the course. The book discusses in detail, classification and preparation of an audit, internal control system, internal audit, vouching of cash, trading and impersonal ledgers in addition to other topics. Besides, it deals with verification and valuation of assets and liabilities, company audit, cost audit, management audit, tax audit, bank audit as well as depreciation. The final chapters of the book give detailed description of business investigations, audit of special entities and auditing in EDP environment. Contemporary topics have been covered in the book to enlighten readers with the latest developments in the field of auditing, such as cost audit, tax audit, environmental audit and energy audit. The book is intended to serve as an indispensable text for undergraduate students of commerce as well as for CA and ICWA aspirants. New to this Edition • The Companies Act, 2013 (based on new company law). • Internal Audit chapter especially updated in the light of Section 138 of the Companies Act, 2013 and Rule 13 of the Companies (Accounts) Rules, 2014 notified by MCA. • Cost Audit chapter based on the latest Companies (Cost Records and Audit) Rules, 2014, issued by MCA. |
| blockchain technology in accounting: Architectures and Frameworks for Developing and Applying Blockchain Technology Shi, Nansi, 2019-06-28 The blockchain revolution has drastically impacted global economics and the strategic practices within different industries. Cryptocurrency specifically has forever changed the face of business and the implementation of business online. While innovative, people are still in the early stages of building and developing blockchain technology and its applications, and it is critical that researchers and practitioners obtain a better understanding of this global phenomenon. Architectures and Frameworks for Developing and Applying Blockchain Technology is an essential reference source that presents the technological foundation, recent research findings, developments, and critical issues associated with blockchain technology from both computer science and social science perspectives. Featuring topics such as artificial intelligence, digital economy, and network technology, this book is ideally designed for academics, researchers, industry leaders, IT consultants, engineers, programmers, practitioners, government officials, policymakers, and students. |
| blockchain technology in accounting: Transforming Climate Finance and Green Investment with Blockchains Alastair Marke, 2018-06-28 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 |
| blockchain technology in accounting: Digitalization in Finance and Accounting David Procházka, 2021-02-05 This book explores current digitalization issues in finance and accounting with particular focus on emerging and transitioning markets. It features models, empirical studies and cases studies on topics such as Fintech, blockchain technology, financing renewable energy, and XBRL usage from sectors such health care, pharmacology, transportation, and education. Such a complex view of current economic phenomena makes the volume attractive not only for academia, but also for regulators and policy-makers, when deliberating the potential outcome of competing regulatory mechanisms. |
| blockchain technology in accounting: Transforming Businesses With Bitcoin Mining and Blockchain Applications Rajput, Dharmendra Singh, Thakur, Ramjeevan Singh, Basha, Syed Muzamil, 2019-09-27 The success of many companies through the assistance of bitcoin proves that technology continually dominates and transforms how economics operate. However, a deeper, more conceptual understanding of how these technologies work to identify innovation opportunities and how to successfully thrive in an increasingly competitive environment is needed for the entrepreneurs of tomorrow. Transforming Businesses With Bitcoin Mining and Blockchain Applications provides innovative insights into IT infrastructure and emerging trends in the realm of digital business technologies. This publication analyzes and extracts information from Bitcoin networks and provides the necessary steps to designing open blockchain. Highlighting topics that include financial markets, risk management, and smart technologies, the research contained within the title is ideal for entrepreneurs, business professionals, managers, executives, academicians, researchers, and business students. |
| blockchain technology in accounting: Mastering Blockchain Lorne Lantz, Daniel Cawrey, 2020-11-13 The future will be increasingly distributed. As the publicity surrounding Bitcoin and blockchain has shown, distributed technology and business models are gaining popularity. Yet the disruptive potential of this technology is often obscured by hype and misconception. This detailed guide distills the complex, fast moving ideas behind blockchain into an easily digestible reference manual, showing what's really going on under the hood. Finance and technology pros will learn how a blockchain works as they explore the evolution and current state of the technology, including the functions of cryptocurrencies and smart contracts. This book is for anyone evaluating whether to invest time in the cryptocurrency and blockchain industry. Go beyond buzzwords and see what the technology really has to offer. Learn why Bitcoin was fundamentally important in blockchain's birth Learn how Ethereum has created a fertile ground for new innovations like Decentralized Finance (DeFi), Non-Fungible Tokens (NFTs) and Flash Loans Discover the secrets behind cryptocurrency prices and different forces that affect the highly volatile cryptocurrency markets Learn how cryptocurrencies are used by criminals to carry out nefarious activities Discover how enterprise and governments are leveraging the blockchain including Facebook Understand the challenges of scaling and forking a blockchain Learn how different blockchains work Learn the language of blockchain as industry terms are explained |
| blockchain technology in accounting: Blockchain and the Digital Economy Steinmetz FIEDLER, Ingo Fiedler, Lennart Ante, 2020-07-31 This book presents the key concepts of blockchain technology and an overview of the machinations of different blockchain ecosystems. It discusses the socioeconomic impact of this new technology, including its effects on sectors such as energy, data, capital markets, logistics, and gambling. |
| blockchain technology in accounting: Handbook of Research on Blockchain Technology Saravanan Krishnan, Valentina Emilia Balas, E. Golden Julie, Harold Robinson Yesudhas, S. Balaji, Raghvendra Kumar, 2020-02-04 Handbook of Research on Blockchain Technology presents the latest information on the adaptation and implementation of Blockchain technologies in real world business, scientific, healthcare and biomedical applications. The book's editors present the rapid advancements in existing business models by applying Blockchain techniques. Novel architectural solutions in the deployment of Blockchain comprise the core aspects of this book. Several use cases with IoT, biomedical engineering, and smart cities are also incorporated. As Blockchain is a relatively new technology that exploits decentralized networks and is used in many sectors for reliable, cost-effective and rapid business transactions, this book is a welcomed addition on existing knowledge. Financial services, retail, insurance, logistics, supply chain, public sectors and biomedical industries are now investing in Blockchain research and technologies for their business growth. Blockchain prevents double spending in financial transactions without the need of a trusted authority or central server. It is a decentralized ledger platform that facilitates verifiable transactions between parties in a secure and smart way. - Presents the evolution of blockchain, from fundamental theories, to present forms - Explains the concepts of blockchain related to cloud/edge computing, smart healthcare, smart cities and Internet of Things (IoT) - Provides complete coverage of the various tools, platforms and techniques used in blockchain - Explores smart contract tools and consensus algorithms - Covers a variety of applications with real world case studies in areas such as biomedical engineering, supply chain management, and tracking of goods and delivery |
| blockchain technology in accounting: Distributed Ledger Technology Roger Wattenhofer, 2017-03-06 FinTech developers and managers understand that the blockchain has the potential to disrupt the financial world. Distributed ledger technology allows the participants of a distributed system to agree on a common view of the system, to track changes in the system, in a reliable way. In the distributed systems community, agreement techniques have been known long before cryptocurrencies such as Bitcoin (where the term blockchain is borrowed) emerged. Various concepts and protocols exist, each with its own advantages and disadvantages. This book introduces the basic techniques when building fault-tolerant distributed systems, in a scientific way. We will present different protocols and algorithms that allow for fault-tolerant operation, and we will discuss practical systems that implement these techniques. |
| blockchain technology in accounting: The End of Accounting and the Path Forward for Investors and Managers Baruch Lev, Feng Gu, 2016-06-14 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. |
| blockchain technology in accounting: Blockchain And Distributed Ledgers: Mathematics, Technology, And Economics Alexander Lipton, Adrien Treccani, 2021-08-06 This textbook focuses on distributed ledger technology (DLT) and its potential impact on society at large. It aims to offer a detailed and self-contained introduction to the founding principles behind DLT accessible to a well-educated but not necessarily mathematically oriented audience. DLT allows solving many complicated problems arising in economics, banking, and finance, industry, trade, and other fields. However, to reap the ultimate benefits, one has to overcome some of its inherent limitations and use it judiciously. Not surprisingly, amid increasing applications of DLT, misconceptions are formed over its use. The book thoroughly dispels these misconceptions via an impartial assessment of the arguments rooted in scientific reasoning.Blockchain and Distributed Ledgers: Mathematics, Technology, and Economics offers a detailed and self-contained introduction to DLT, blockchains, and cryptocurrencies and seeks to equip the reader with an ability to participate in the crypto economy meaningfully. |
| blockchain technology in accounting: Banking Beyond Banks and Money Paolo Tasca, Tomaso Aste, Loriana Pelizzon, Nicolas Perony, 2016-09-01 Do you know how banking and money will look like in the new digital age? This book collects the voices of leading scholars, entrepreneurs, policy makers and consultants who, through their expertise and keen analytical skills, are best positioned to picture from various angles the ongoing technological revolution in banking and finance. You will learn how lending and borrowing can exist without banks; how new forms of money can compete to better serve different society needs; how new technologies are banking the unbanked communities in the poorest parts of the world, and how ideas and small projects can be financed by the crowds without the need to rely upon banks. You will learn how, in the new digital age, we will interact with new self-organised and autonomous companies that operate without any human involvement, based on a set of programmed and incorruptible rules. You will learn that new business models will emerge thanks to technology-enabled platforms, upon which one can build new forms of non-hierarchical cooperation between strangers. And you will also learn that new forms of risks and threats are emerging that will destabilise our systems and jeopardise the stability of our financial order. |
| blockchain technology in accounting: Managing Technological Innovation Frederick Betz, 2011-02-09 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. |
| blockchain technology in accounting: Encyclopedia of Organizational Knowledge, Administration, and Technology Khosrow-Pour D.B.A., Mehdi, 2020-09-29 For any organization to be successful, it must operate in such a manner that knowledge and information, human resources, and technology are continually taken into consideration and managed effectively. Business concepts are always present regardless of the field or industry – in education, government, healthcare, not-for-profit, engineering, hospitality/tourism, among others. Maintaining organizational awareness and a strategic frame of mind is critical to meeting goals, gaining competitive advantage, and ultimately ensuring sustainability. The Encyclopedia of Organizational Knowledge, Administration, and Technology is an inaugural five-volume publication that offers 193 completely new and previously unpublished articles authored by leading experts on the latest concepts, issues, challenges, innovations, and opportunities covering all aspects of modern organizations. Moreover, it is comprised of content that highlights major breakthroughs, discoveries, and authoritative research results as they pertain to all aspects of organizational growth and development including methodologies that can help companies thrive and analytical tools that assess an organization’s internal health and performance. Insights are offered in key topics such as organizational structure, strategic leadership, information technology management, and business analytics, among others. The knowledge compiled in this publication is designed for entrepreneurs, managers, executives, investors, economic analysts, computer engineers, software programmers, human resource departments, and other industry professionals seeking to understand the latest tools to emerge from this field and who are looking to incorporate them in their practice. Additionally, academicians, researchers, and students in fields that include but are not limited to business, management science, organizational development, entrepreneurship, sociology, corporate psychology, computer science, and information technology will benefit from the research compiled within this publication. |
| blockchain technology in accounting: Double Entry Jane Gleeson-White, 2014-06-19 Our world is governed by the numbers generated by the accounts of nations and corporations. We depend on these numbers to direct our governments, our institutions, corporations, economies, societies. But where did they come from and how did they become so powerful?The answer to these questions begins in the Dark Ages in northern Italy with a new form of record keeping perfected by the merchants of Venice called double-entry bookkeeping. The story of double entry stars a Renaissance monk, mathematician, magician and constant companion of Leonardo da Vinci, his 27-page treatise for merchants, re. |
| blockchain technology in accounting: Blockchain Regulation and Governance in Europe Michèle Finck, 2019 Finck examines the emergence of blockchains (and other forms of distributed ledger technologies) and the implications for regulation and governance. |
| blockchain technology in accounting: Blockchain Technology for Emerging Applications SK Hafizul Islam, Arup Kumar Pal, Debabrata Samanta, Siddhartha Bhattacharyya, 2022-05-21 Blockchain Technology for Emerging Applications: A Comprehensive Approach explores recent theories and applications of the execution of blockchain technology. Chapters look at a wide range of application areas, including healthcare, digital physical frameworks, web of-things, smart transportation frameworks, interruption identification frameworks, ballot-casting, architecture, smart urban communities, and digital rights administration. The book addresses the engineering, plan objectives, difficulties, constraints, and potential answers for blockchain-based frameworks. It also looks at blockchain-based design perspectives of these intelligent architectures for evaluating and interpreting real-world trends. Chapters expand on different models which have shown considerable success in dealing with an extensive range of applications, including their ability to extract complex hidden features and learn efficient representation in unsupervised environments for blockchain security pattern analysis. - Introduces the basic architecture and taxonomy of blockchain technology - Surveys the most recent developments and challenges in blockchain-enabled technology for various application domains with fundamental and technical depth - Investigates how to devise secure and reliable applications and blockchain-enabled decentralized secure solutions using blockchain technology |
| blockchain technology in accounting: Continuous Auditing David Y. Chan, Victoria Chiu, Miklos A. Vasarhelyi, 2018-03-21 Continuous Auditing provides academics and practitioners with a compilation of select continuous auditing design science research, and it provides readers with an understanding of the underlying theoretical concepts of a continuous audit, ideas on how continuous audit can be applied in practice, and what has and has not worked in research. |
| blockchain technology in accounting: Doing Critical Management Research Mats Alvesson, Stanley Deetz, 2000-05-01 Providing a detailed discussion of the practice of doing critical research in organizations, utilizing both qualitative research processes and critical theories of organizations, this textbook will be essential for all those involved in interpreting and researching contemporary institutions and organizations. This volume gives an authoritative and insightful framework for navigating critical theories and methods across the social sciences, but in particular in relation to the study of corporate organizations. |
| blockchain technology in accounting: Trends and Applications in Information Systems and Technologies Álvaro Rocha, Hojjat Adeli, Gintautas Dzemyda, Fernando Moreira, Ana Maria Ramalho Correia, 2021-03-28 This book is composed of a selection of articles from The 2021 World Conference on Information Systems and Technologies (WorldCIST'21), held online between 30 and 31 of March and 1 and 2 of April 2021 at Hangra de Heroismo, Terceira Island, Azores, Portugal. WorldCIST is a global forum for researchers and practitioners to present and discuss recent results and innovations, current trends, professional experiences and challenges of modern information systems and technologies research, together with their technological development and applications. The main topics covered are: A) Information and Knowledge Management; B) Organizational Models and Information Systems; C) Software and Systems Modeling; D) Software Systems, Architectures, Applications and Tools; E) Multimedia Systems and Applications; F) Computer Networks, Mobility and Pervasive Systems; G) Intelligent and Decision Support Systems; H) Big Data Analytics and Applications; I) Human–Computer Interaction; J) Ethics, Computers & Security; K) Health Informatics; L) Information Technologies in Education; M) Information Technologies in Radiocommunications; N) Technologies for Biomedical Applications. |
| blockchain technology in accounting: Integrative Advisory Services Amy Vetter, 2017-11-20 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. |
| blockchain technology in accounting: Smart Blockchain Meikang Qiu, 2019-11-04 This book constitutes the refereed proceedings of the Second International Conference on Smart Blockchain, SmartBlock 2019, held in Birmingham, UK, in October 2019. The 13 papers presented in this volume were carefully reviewed and selected from 100 submissions. They focus on a broad range of topics in the area of blockchain, from privacy-preserving solutions to designing advanced blockchain mechanism, from empirical studies to practical manuals. |
What is blockchain and what can it do? - The World Economic …
Apr 5, 2021 · Enter blockchain, which has the potential to disrupt that process completely. And not just for payments, but other forms of transaction including the flow of goods and information …
Blockchain is in from the cold - The World Economic Forum
Jan 15, 2024 · This growing embrace of blockchain is reflected in the strong interest among traditional financial firms. In just the last few months, BlackRock, JP Morgan, Standard …
All you need to know about blockchain, explained simply
Jun 17, 2016 · Using cryptography to keep exchanges secure, blockchain provides a decentralized database, or “digital ledger”, of transactions that everyone on the network can …
The digital commons: using blockchain for good governance
Feb 7, 2025 · Furthermore, blockchain facilitates the tokenization of contributions and rewards, creating new incentive structures to motivate and fairly compensate participants. Smart …
Blockchain: what it is, how it really can change the world
Jun 23, 2016 · Blockchain – the technology behind the bitcoin digital currency – is a decentralized public ledger of transactions that no one person or company owns or controls. Instead, every …
How blockchain technology is fixing payments and what's next
Apr 29, 2021 · Blockchain technologies are connecting global financial systems so they are easily interoperable, efficient, affordable and accessible. This can reduce the cost and time of cross …
Blockchain has high potential but be aware of cyber threats
Feb 21, 2023 · Blockchain is a key technology of the Fourth Industrial Revolution, creating new innovative opportunities and disrupting existing systems. Decentralized digital transformation is …
How blockchain can enhance the security of healthcare data
Dec 5, 2023 · Blockchain-powered data storage can enhance the security of healthcare data, and minimize the risks linked to cybersecurity breaches. Significant advancements in healthcare …
How tokenization is transforming finance and investment
Dec 10, 2024 · One of the major financial discussion themes at 2024’s Annual Meeting was how physical and financial assets can be ‘tokenized’, meaning that a digital representation of the …
Tokenization and on-chain capital markets are reshaping global …
Mar 24, 2025 · Blockchain-based capital market infrastructure is enhancing efficiency, liquidity and interoperability by enabling 24/7 asset movement, instant settlement and improved collateral …
What is blockchain and what can it do? - The World Economic Forum
Apr 5, 2021 · Enter blockchain, which has the potential to disrupt that process completely. And not just for payments, but other forms of transaction including the flow of goods and information …
Blockchain is in from the cold - The World Economic Forum
Jan 15, 2024 · This growing embrace of blockchain is reflected in the strong interest among traditional financial firms. In just the last few months, BlackRock, JP Morgan, Standard …
All you need to know about blockchain, explained simply
Jun 17, 2016 · Using cryptography to keep exchanges secure, blockchain provides a decentralized database, or “digital ledger”, of transactions that everyone on the network can …
The digital commons: using blockchain for good governance
Feb 7, 2025 · Furthermore, blockchain facilitates the tokenization of contributions and rewards, creating new incentive structures to motivate and fairly compensate participants. Smart …
Blockchain: what it is, how it really can change the world
Jun 23, 2016 · Blockchain – the technology behind the bitcoin digital currency – is a decentralized public ledger of transactions that no one person or company owns or controls. Instead, every …
How blockchain technology is fixing payments and what's next
Apr 29, 2021 · Blockchain technologies are connecting global financial systems so they are easily interoperable, efficient, affordable and accessible. This can reduce the cost and time of cross …
Blockchain has high potential but be aware of cyber threats
Feb 21, 2023 · Blockchain is a key technology of the Fourth Industrial Revolution, creating new innovative opportunities and disrupting existing systems. Decentralized digital transformation …
How blockchain can enhance the security of healthcare data
Dec 5, 2023 · Blockchain-powered data storage can enhance the security of healthcare data, and minimize the risks linked to cybersecurity breaches. Significant advancements in healthcare …
How tokenization is transforming finance and investment
Dec 10, 2024 · One of the major financial discussion themes at 2024’s Annual Meeting was how physical and financial assets can be ‘tokenized’, meaning that a digital representation of the …
Tokenization and on-chain capital markets are reshaping global …
Mar 24, 2025 · Blockchain-based capital market infrastructure is enhancing efficiency, liquidity and interoperability by enabling 24/7 asset movement, instant settlement and improved …
