Blockchain technology and artificial intelligence (AI) have the potential to transform how the accounting and financial services industries engage with the business, stakeholder and consumer communities. Presenting a blend of technical analysis with current and future applications, this book provides professionals with an action plan to embrace and move forward with these new technologies in financial and accounting organizations. It is written in a conversational style that is unbiased and objective, replacing jargon and technical details with real world case examples.

Provides a comprehensive analysis of blockchain technology and AI in finance and accounting Explores both current and future applications in auditing, taxation and financial reporting Features practice-based cases, examples and comparisons

Autorentext

Sean Stein Smith is an Associate Professor in the Business and Economics Department of Lehman College-City University of New York (Bronx, NY, USA). He also serves on the Advisory Board of the Wall Street Blockchain Alliance, where he chairs the Accounting Working Group. Dr. Stein Smith has developed and presented courses on artificial intelligence, cryptoassets and blockchain for the American Institute of Certified Public Accountants (AICPA; Durham, NC, USA) and the Institute of Management Accountants (IMA; New Jersey, USA) and has delivered presentations, trainings and lectures at multiple accounting societies, colleges and universities. Dr. Stein Smith has been named one of the Top 100 Most Influential People in Accounting and is a past winner of the New Jersey Society of CPA's Ovation Award for Innovation. He was also awarded the Outstanding Young CPA of the Year Award by the AICPA in 2022.

Inhalt
Chapter 1. Foreword & Introductory Information.- Chapter 2. The Changing Accounting Landscape.- Chapter 3. Cryptocurrencies & the Financial Services Landscape.- Chapter 4. Consensus Methodologies.- Chapter 5. Stablecoins & the Decentralized Organization.- Chapter 6. Artificial Intelligence.- Chapter 7. Robotic Process Automation.- Chapter 8. The View from the Top.- Chapter 9. A New Niche for Practitioners.- Chapter 10. Leveraging Technology to Reduce Ambiguity.- Chapter 11. Internal Control Considerations.- Chapter 12. Current Use Cases Chapter 13.- Audit Implications of AI & Blockchain.- Chapter 14. Esg & Other Emerging Technology Applications.- Chapter 15. Cybersecurity & Insurance.- Chapter 16. Next Stage Applications.- Chapter 17. Data as an Asset.- Chapter 18. Elevation to Strategic Advisor.- Chapter 19. Conclusions & Future Directions.