Quote:
Originally Posted by Unregistered
This is actually good. Audit or accountancy should go by 2030. Too many bs job adding no value. They shld just blockchain the process. Dont even need accountant.
Plus AI can get more data for decision making.. why still need CA to do non value added thing
Accountancy shld be scrap. Dun need accountant to make decision.. any well educated executive can do so. At best accountancy shld be a cca.
Alsp gg forward.. the sustainability reporting and assurance not even value adding. Another bs role or function that needs to go.
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blockchain the process... not possible
in this hypothetical blockchain process, who is going to host the nodes? is it 2 parties (auditor to 1 client) chain or multi party chain (auditor to many clients).
if its previous, how audit maintain all those chains?
if its latter, how audit ensure the single chain can be used by all parties?
and the whole purpose of having someone doing the accounts/audit is so that they can get sued when something goes wrong? until an AI software company is going to take the liability, this is never going to happen.