The assurance partner responsible for the development of blockchain services at Aprio LLP shares her insights into how the technology works and how to succeed with it. To read the full article in Journal of Accountancy, click: What I’ve Learned Building a BlockChain Business.
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Blockchain is forecast to transform many industries by providing fast, verifiable transfer and tracking. At its core, blockchain is a distributed ledger that records transactions between every user in the chain. Although it’s commonly regarded as a single technology, there are different types of blockchain: public and private. To read the full article in In The Black, click: What’s the Difference Between a Private and Public Blockchain?
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Is there an inexpensive, easy-to-use, third-party add-on solution for achieving drillable financial statements when your small business accounting system does not offer that functionality? To read the full article in the Journal of Accountancy, click: Accounting and ERP Systems: A Look Inside Drillable Financial Statements.