Tax & Accounting Blog

Baffled About Blockchain?

Baffled About Blockchain?

As accountants, we live by ledgers and transactions. We should know, then, that an emerging technology has the potential to revolutionize these fundamental elements of our business — and, quite possibly, much more. “Blockchain is a big mystery to many people in the accounting profession,” says Jon Baron, managing director of the Thomson Reuters Tax … Read More

Blockchain, Accounting and Audit: What Accountants Need to Know

Blockchain, Accounting and Audit: What Accountants Need to Know

Among the many disruptive technology trends impacting the way we do business, blockchain is one lesser known within the accounting community. However, given its potential impact, blockchain is certainly not a trend that accountants can afford to overlook any longer. Defined as an open, distributed ledger, blockchain technology records and verifies transactions without any trusted … Read More