Blockchain's Potential to Disrupt Accounting

In this episode, our guest, Dr. Sean Stein Smith, CPA shares his thoughts on how blockchain technology is set to change the world of accounting, bookkeeping, and auditing. Rafael, Pat, and Dr. Sean also discuss the need for good accounting standards in the crypto space and the challenges faced by regulators while adopting them.Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE for listening to this episode.Checkout the Bitwave channel on Earmark to get even more CPEChapters(00:00) - CWA E4 (00:39) - Background on Guest Dr. Sean Stein Smith (08:00) - Where you surprised when FASB said they were rethinking their standards? (17:16) - When does the FDICget involved? (23:42) - Thoughts on the FTX collapse (32:04) - What are your lessons or takeaways from FTX? (48:06) - Things to expect in blockchain in 2023 (56:33) - How to contact Dr. Sean Stein Smith Connect with our guest, Dr. Sean Stein Smithlinkedin.com/in/dr-sean-stein-smith-dba-cpa-63307444/twitter.com/SeanSteinSmithConnect with Patlinkedin.com/in/patwhitetwitter.com/patwhiteConnect with Rafaellinkedin.com/in/rafaelcasastwitter.com/RafaelCasasBWFollow the Crypto With Accountants Podcastfacebook.com/CryptoAcctsPodtwitter.com/CryptoAcctsPodlinkedin.com/showcase/cryptoacctspodLeave a review on Apple Podcasts or PodchaserSubscribe to the Crypto With Accountants Podcast in your favorite podcast app!This podcast is a production of the Earmark Media