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Accounting, auditing, and blockchain: The common thread that binds the three is triple entry accounting

Prasoon Mukherjee  |  November 27, 2019

By Prasoon Mukherjee, includes “… with the advent of blockchain and it's growing adoption across industries, it may not be any more necessary to centralize trust on auditors to play the key role as watchdogs but with a framework known as ‘Triple Entry Accounting’, this governance could be decentralized using distributed ledger framework as the underlying technology. … let us first look at more cases in the public domain where accounting and auditing went wrong. …”

Read the full article on: Finextra

 
 
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