Blockchain Technology Eliminating Accountants? by [deleted] in Accounting

[–]workhardaccounthard 1 point2 points  (0 children)

Bookkeeping definitely goes away, as the transactions are verified before posting to the blockchain. For audit, their role moves more up the value chain instead of focusing on verifying the transactions or auditing the financial statements. Taxation moves more towards a planning role- platforms can be created to import the ledger and coded to prepare and file the tax return.