Question: The accounting profession is evolving in response to the use of blockchain technology in business. Choose from the list below how audit professionals are impacted

The accounting profession is evolving in response to the use of blockchain technology in business. Choose from the list below how audit professionals are impacted by the use of blockchain.

Simplify and automate tax compliance and transparency

Acquire sufficient evidence about the nature of blockchain transactions

Record transactions related to buying and selling cryptocurrencies

Secured payments are sent to suppliers as soonas materials are received

The accounting profession is evolving in response

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