BlogHide Resteemsauditchain (25)in audit • 7 years agoHow Relevant Is Your Audit Career?The auditor profession has a critical mission today, worldwide. They are responsible for screening business accounts and helping to prevent fraud to protect investor interests. In a way, they’re our…auditchain (25)in too • 7 years agoToo Big To Fail: How Banks Are Using Blockchain Tech to Plan Real-Time ReportingFollowing the global financial crisis of 2008, global regulation was enacted to safeguard banks labeled as “too big to fail” (TBTF). Part of this regulation was creating a list of defined banks that…auditchain (25)in financial • 7 years agoJamie Dimon: Real-time Reporting Not PossibleWith live reporting, there is a strong possibility that ridiculously large $13 billion settlements paid by JPMorgan can be avoided and root causes of such events can be nipped in the bud. Maybe…auditchain (25)in financial • 7 years agoReal-Time Financial Reporting Solution DCARPE™Audit controls require human oversight at the managerial level. Those with access must be trusted not to circumvent the internal controls to commit fraud. Historically, it’s known that fraud…
