Blog Layout Beta

Blog Layout Beta 2018-12-20T18:44:31+00:00
January 8, 2019

Will Blockchain and Distributed Ledgers Change Traditional Recordkeeping?

By David Deputy, Chairman, Accounting Blockchain Coalition

For example, the foundation of accounting in the form of double entry bookkeeping; where A=L+OE representing a foundational balancing of books will remain as will the need for the accounting profession to look at economic fundamentals in determining the appropriate accounting treatment via the accrual method. 

December 19, 2018

Policy Coherence? Industry Uncertainty? ABC to the Rescue!

By David Deputy, Chairman, Accounting Blockchain Coalition

Today the accounting industry is evolving – some might call it a seismic upheaval – with the introduction of distributed ledgers and blockchains. 

December 13, 2018

What Hath Blockchains Wrought?

By David Deputy, Chairman, Accounting Blockchain Coalition

Blockchains will fundamentally change the way we do business. Everywhere. Get ready for a wild ride. The swift, chaotic growth of blockchains means how we do our jobs

December 6, 2018

Times (and Taxes) They Are A’ Changin’; Ohio To Accept Bitcoin for Tax Payment

By David Deputy, Chairman, ABC

My how times are a changing. Businesses can now pay their Ohio tax liabilities in Bitcoin; Sales tax, wage tax, withholding taxes, you name it.