The emergence of blockchain will not spare any industry, and w | Auditchain News

The emergence of blockchain will not spare any industry, and would you believe it , not even the auditing industry.

We all know that an audit does not verify 100% of the transactions, but adopts a sampling approach

As a recovering external auditor, I wanted to know whether blockchain technology can solve this pain point.

On Episode 5 of The Accountant Quits , I had the pleasure to have Jason Meyers , the inventor & lead architect of Auditchain Labs AG .

AuditChain is the world’s first decentralized continuous audit & real time financial reporting protocol ecosystem,

Which allows for 100% of the transactions to be continuously audited using a network of independent CPAs and Chartered Accountants.

In this episode, you will learn;

What decentralized continuous audit really means;
Why real time financial reporting is necessary;
The challenges ahead to transition from traditional audit to decentralized audit;
How NFTs can be used not only as art collectibles but as a monetization opportunity for accountants;
And much more…

For access to the full episode, please visit;

Spotify - https://lnkd.in/dgC2w3S3

Apple Podcast - https://lnkd.in/d_TYNiSy

For access to shownotes and links of the episode, visit https://lnkd.in/dsViYsRQ

#blockchain #continuousaudit #blockchaineducation #technology