Some key impacts and implications
“Blockchain is just one part of a broader wave of emerging technology – think about things like artificial intelligence and automation – with the capacity to profoundly impact all aspects of the financial reporting process.”
“It is definitely technology that’s pushing the boundaries and raising questions around how we actually regulate this, what regulatory frameworks that already exist will apply, and what we need to put in place to ensure that it is effectively regulated and controlled.”
Visit our IFRS Today landing page to view other episodes in this series.
© 2018 KPMG IFRG Limited, a UK company, limited by guarantee. All rights reserved.
© 2019 KPMG IFRG Limited is a UK company, limited by guarantee. All rights reserved. KPMG IFRG Limited, registered in England No 5253019. Registered office: 15 Canada Square, London, E14 5GL, UK.
KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.