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13.
August
2018.
Forget the annual audit, Auditchain champions real-time financial reporting.
13/08/2018
Good morning,
Please find attached today's news that Auditchain, the world's first Decentralized Continuous Audit & Reporting Protocol EcosystemTM for enterprise assurance and disclosure, is developing a public blockchain ecosystem.
Key points:
Good morning,
Please find attached today's news that Auditchain, the world's first Decentralized Continuous Audit & Reporting Protocol EcosystemTM for enterprise assurance and disclosure, is developing a public blockchain ecosystem.
Key points:
- Continuous reporting would provide shareholders and regulators with real-time information all-year round. Doing away with the need for quarterly or annual accounts.
- Auditchain plan on populating a blockchain ecosystem with CPAs and Chartered Accountants, ready to validate enterprise data sets on a continuous basis.
- This will be ran in part by a public DCARPETM block explorer that renders Streaming Financial Statements and AUDT AnalyticsTM in real time to subscribers.
I hope you will find this as exciting as we do.
Continuous reporting is something that the financial community has long called for but never been realised. Until now.
With the co-founder of XBRL (the global regulatory reporting standard) and the co-founder of early blockchain on board, Auditchain is about to disrupt the world of auditing.
Interviews are available on request.
Continuous reporting is something that the financial community has long called for but never been realised. Until now.
With the co-founder of XBRL (the global regulatory reporting standard) and the co-founder of early blockchain on board, Auditchain is about to disrupt the world of auditing.
Interviews are available on request.
For media enquiries and interviews, please contact:
Jenny O’Donnell, Look Touch and Feel
Tel: +44 203 865 4089/07971 557945
Download associated media and imagery at www.auditchain.com/media