Digital Currency

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 December 2018 Small Business Channel

December 17, 2018 

December 2018 Small Business Channel

How Businesses Can Combine Data and Systems Into a Winning Strategy By Greta Guest Most managers want to base their business decisions on solid information, but that’s not always easy. It can be challenging to figure out exactly what data you should compile and how you can best use it. Michigan Ross Professors Gwen Yu...…

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December 14, 2018 

Blockchain Can’t Hide Cryptocurrency Revenues from the IRS

  Blockchain technology and cryptocurrencies are natural partners, with decentralized control mechanisms and distributed models that emphasize secrecy as much as they offer privacy or security. For the IRS, secrecy is a problem. More precisely, it’s a missed revenue opportunity. In an effort to collect tax on the booming crypto trade, the agency has already...…

Paul Banker

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December 10, 2018 

Why and How: Emerging Technology Strategies

We’ve been through a year together learning about Emerging Technologies. While there will always be new technology, we are not likely to go through a period of time again anytime soon where the algorithms are changing so rapidly and the new ...

Randy Johnston

 November 2018 Accounting & Audit Channel

November 15, 2018 

November 2018 Accounting & Audit Channel

4 Strategies for Lease Accounting Transition By Imran Mia New rules more than a decade in the making will “bring leases to the balance sheet,” marking a major change in how companies have historically accounted for leases. While leases have remained off-balance sheet in the footnotes of financial statements, the new rules will require companies...…

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November 13, 2018 

Adjusting Your Technology Expectations

Has your firm utilized technology to its fullest capacity to provide the highest quality service to your clients? Is your firm able to successfully attract, retain, and engage top talent due to your strength with technology? If so, you can stop ...

Garrett Wagner

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November 13, 2018 

Why and How Accountants Should “Think Blockchain”

For accountants, the two key important words in the above description are “ledger” and “technology”. Accountants have deeply understood ledgers for centuries. They have been leveraging technologies for decades. Therefore, Blockchain, is not a ...

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November 13, 2018 

Why and How: Quantum Computing

You are likely to have seen all the information you need on the new iPhone, Google Pixel 3, Surface Pro 6, and Office 2019 as well as the outcomes of the CCH, Thomson and Intuit conferences, although if the reviews are not factual enough for me ...

Randy Johnston

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November 5, 2018 

31% of Businesses Suffered Supply Chain Financial Crime, Says Deloitte Survey

During the past five years, an average of 31.1 percent of respondents to annual Deloitte polls say their organizations have experienced supply chain financial crime—particularly fraud, waste or abuse—in the preceding year. Yet, in a 2018 poll, just 15.1 percent of respondents report their organizations are using (3.9 percent) or piloting (11.2 percent) blockchain to help...…

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October 17, 2018 

Accounting Blockchain Coalition Announces 35 New Members

The ABC is a non-profit, industry association that serves as a forum for businesses and organizations to develop and share information on accounting matters relevant to digital assets and distributed ledger technology, including blockchain.