A Transaction on the Blockchain: An AIS Perspective, Intro Case to Explain Transactions on the ERP and the Role of the Internal and External Auditor

Autor:	Mohamed I. Gomaa, Ahmed Gomaa, Ashley Stampone
Rok vydání:	2019
Předmět:	Cryptocurrency Blockchain business.industry Accounting Perspective (graphical) Accounting information system External auditor business Database transaction Computer Science Applications
Zdroj:	Journal of Emerging Technologies in Accounting. 16:47-64
ISSN:	1558-7940 1554-1908
DOI:	10.2308/jeta-52412
Popis:	This case promotes discussions about blockchain technology. It shows a transaction execution scenario and its tax implications. The case provides (1) an overview of the steps required to install a Digital Wallet; (2) an explanation of the need to add cryptocurrencies to the wallet in order to transact on the blockchain; (3) an overview of executing a transaction, in which an accounting consulting service is provided in the exchange of a cryptocurrency; (4) methods to review the existing transaction, from the service provider side, the service receiver side, and from the blockchain side, with a highlight of the role of both internal and external auditors; (5) clarifies the importance of dealing with cryptocurrencies, given that the IRS identifies cryptocurrencies as properties; and (6) a reflection on the link between a company ERP system and the transaction information on the blockchain.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::8e7fd7efa219b96ba29642271afcc95f https://doi.org/10.2308/jeta-52412 Zobrazit plný text záznamu