One of the largest challenges across the accounting industry for auditing firms which use blockchain is:
A)Understanding business activities.
B)Continuous monitoring.
C)Deciphering cryptocurrency.
D)A gap in skillset.

Question

Quizplus · Accepted Answer

Due to the complex nature of blockchain technology, there is a skills gap within auditing firms that use this technology. It is difficult to find professionals who have expertise in both accounting and blockchain technology.

One of the Largest Challenges Across the Accounting Industry for Auditing