The Distributed Ledger Technology : A Futuristic Accounting
Keywords:
Accounting, Artificial Intelligence, Machine Learning, BlockchainAbstract
The future of accounting profession, the Automation in accounting, the emphasis on professional development in technology and soft skills, the workplace flexibility & the accounting firms start hiring for roles that have not been typical. (Future of Jobs Report ,2018). The technology-based accounting practices, allows for a distributed database that holds a growing number of records. The objectives of this study are to explorer the future of accounting practices, understand the blockchain technology and its working in accounting practices and identify the opportunities and challenges of the distributed ledger practices. For the completion of research work secondary data is used.
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References
Premium Papers. (2022, April 18). Accounting Technology and Future Fraud Issues.
Garanina, T., Ranta, M., & Dumay, J. (2021). Blockchain in accounting research: current trends and emerging topics. Accounting, Auditing & Accountability Journal.
Muhammad Azizul Islam, (February 10, 2017) Future of Accounting Profession: Three Major Changes and Implications for Teaching and Research
KPMG (2019) Blockchain and the future of finance
NISTIR 8202 (October 2018) Blockchain Technology Overview
William Bible, Jon Raphael et al. Blockchain (2017) Technology and Its Potential Impact on the Audit and Assurance Profession
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