Blockchain, Artificial Intelligence and Financial Services: Implications and Applications for Finance and Accounting Professionals (Future of Business and Finance)

Blockchain technology and artificial intelligence (AI) have the potential to transform how the accounting and financial services industries engage with the business, stakeholder and consumer communities. Presenting a blend of technical analysis with current and future applications, this book provides professionals with an action plan to embrace and move forward with these new technologies in financial and accounting organizations. It is written in a conversational style that is unbiased and objective, replacing jargon and technical details with real world case examples. Front Matter ....Pages i-ix Front Matter ....Pages 1-1 Foreword & Introductory Information (Sean Stein Smith)....Pages 3-14 The Changing Accounting Landscape (Sean Stein Smith)....Pages 15-33 Cryptocurrencies & The Financial Services Landscape (Sean Stein Smith)....Pages 35-46 Consensus Methodologies (Sean Stein Smith)....Pages 47-66 Stablecoins & The Decentralized Organization (Sean Stein Smith)....Pages 67-81 Artificial Intelligence (Sean Stein Smith)....Pages 83-99 Robotic Process Automation (Sean Stein Smith)....Pages 101-107 Front Matter ....Pages 109-109 The View From the Top (Sean Stein Smith)....Pages 111-117 A New Niche for Practitioners (Sean Stein Smith)....Pages 119-130 Leveraging Technology to Reduce Ambiguity (Sean Stein Smith)....Pages 131-142 Internal Control Considerations (Sean Stein Smith)....Pages 143-150 Implications & Trends for Financial Services (Sean Stein Smith)....Pages 151-164 Audit Implications of AI & Blockchain (Sean Stein Smith)....Pages 165-173 ESG & Other Emerging Technology Applications (Sean Stein Smith)....Pages 175-191 Cybersecurity & Insurance (Sean Stein Smith)....Pages 193-200 Next Stage Applications (Sean Stein Smith)....Pages 201-211 Data As An Asset (Sean Stein Smith)....Pages 213-239 Elevation to Strategic Advisor (Sean Stein Smith)....Pages 241-254 Conclusions & Future Directions (Sean Stein Smith)....Pages 255-257 Back Matter ....Pages 259-263