Audit companies to test blockchain in financial reporting

Blockchain in financial News

The Deloitte, EY, KPMG, and PwC are to come together with twenty financial institutions in Taiwan to experiment blockchain service. The blockchain service is to be integrated with the process of accumulating and evaluating audit evidence for the conduct of external confirmation. Presently, the external confirmation is done manually to check the authenticity.

Leave a Reply

Your email address will not be published. Required fields are marked *