This session focuses on what CPAs need to know about blockchain technology, specifically the options and platforms currently exist in the marketplace applicable for business purposes. A deep dive into the functionality of several blockchain networks will be provided, including Ripple, Ethereum, and the Bitcoin blockchain. Additionally, a comprehensive review of applications for blockchain for auditing, taxation, and financial reporting will be covered, with before-and-after comparisons provided for clarity. Wrapping up this session, and incorporating the variety of possibilities for blockchain, a summarization of changes, and possibilities for financial service professionals will be presented.
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