All ‘Big Four’ Auditors to Trial Blockchain Platform for Financial Reporting

 

The world’s four biggest auditing firms – Deloitte, EY, KPMG and PwC – are joining a group of 20 banks in Taiwan to trial a blockchain service for auditing public companies’ interim financial reports.

According to a local news report on Thursday, the blockchain trial will initially allow the auditing firms to conduct so-called external confirmation – the process of obtaining and evaluating audit evidence – for a group of selected companies that are publicly traded on the island.

 

Find out more at: https://www.coindesk.com/all-big-four-auditors-trial-blockchain-platform-for-financial-reporting/

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