Last Updated on August 23, 2023 by Paganoto
Blockchain Technology and Its Potential Impact on the Audit …
Blockchain Technology and Its Potential Impact on the Audit …
Widespread blockchain adoption may enable central locations to obtain audit data, and CPA auditors may develop procedures to obtain audit evidence directly from blockchains. However, even for such transactions, the CPA auditor needs to consider the risk that the information is inaccurate due to error or fraud.
Blockchain and its potential impact on the audit profession
Blockchain and its potential impact on the audit profession
Blockchain is already impacting CPA auditors of those organizations using blockchain to record transactions and the rate of adoption is expected to continue to …
Audits Involving Cryptoassets – PCAOB
Audits Involving Cryptoassets – PCAOB
Observations from these inspections indicate the need for a greater focus by some auditors on the identification and assessment of the risks of material …
Cryptocurrency – Audit Solution – Blockchain – PwC
Cryptocurrency – Audit Solution – Blockchain – PwC
Supporting the audit of crypto assets. Organisations are rapidly changing the way they work and how they capitalise on new technologies such as blockchain.
Audit considerations related to cryptocurrency … – IAS Plus
Audit considerations related to cryptocurrency … – IAS Plus
It is becoming common for financial statements to show material cryptocurrency balances and to reflect the results of cryptocurrency transactions. However, many …
How Blockchain Innovation could affect the Audit Profession
How Blockchain Innovation could affect the Audit Profession
by N Elommal · 2022 · Cited by 5 — As all the information stored on a blockchain is available, the auditors will be able to access all information without having to request and wait for the …
How blockchain might affect audit and assurance
How blockchain might affect audit and assurance
Although emerging blockchain technology may significantly change financial statement auditing, accounting professionals will continue to …
How blockchain technology will affect the audit – RSM US
How blockchain technology will affect the audit – RSM US
A blockchain is a ledger where transactions and data are pseudo-anonymously recorded and confirmed. It’s a record of events shared between …
Audit Considerations Related to Cryptocurrency Assets and …
Audit Considerations Related to Cryptocurrency Assets and …
An entity’s use of cryptocurrency is likely to be relevant to the auditor in deciding whether to accept or continue an engagement to audit an entity’s fnancial …
How Will Blockchain Technology Impact Auditing and …
How Will Blockchain Technology Impact Auditing and …
Moreover, blockchain could fundamentally change the auditing process. As a complete record of transactions is stored on a blockchain, auditors …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.