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Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

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Page 1: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !
Page 2: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

Digital Disruption, Accountancy and the Law !

https://www.nfcpa.org/blog/accounting-and-audit/5-trends-driving-disruption-in-the-accounting-industry

Page 3: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

1. Clients need better connectivity(NFCPA: National Fraternity of Certified Public Accountants)

https://www.icaew.com/technical/practice-resources/digital-practice/tomorrows-practice/forces-of-change

Page 4: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

2. Automated data entry(NFCPA: National Fraternity of Certified Public Accountants)

https://www.ft.com/content/0898ce46-8d6a-11e7-a352-e46f43c5825d

Page 5: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

3. Growth of the DIY tactic(NFCPA: National Fraternity of Certified Public Accountants)

https://valueadded.video/facebook-ads-for-accountants/

Page 6: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

4. Machine learning and great insights(NFCPA: National Fraternity of Certified Public Accountants)

https://www.youtube.com/watch?time_continue=28&v=sfHrbBU_MYQ

https://blog.bigml.com/2018/04/13/how-machine-learning-is-disrupting-the-accounting-industry/

Page 7: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

5. Demand for specialization(NFCPA: National Fraternity of Certified Public Accountants)

https://www.accounting-degree.org/bachelors-accounting-degree-careers/

Page 8: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

Disruptive Technologies in Accounting

https://www.cpajournal.com/2018/09/13/the-impact-of-disruptive-technologies-on-accounting-and-auditing-education/

Page 9: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

Blockchain Technology & Accounting Industry

https://medium.com/preethamandco/blockchain-technology-accounting-industry-210beec0f4e3

Page 10: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

BLOCKCHAIN TECHNOLOGY AND IT’S POTENTIAL TO DISRUPT ACCOUNTING

https://ibsix.com/2018/03/21/blockchain-technology-and-its-potential-to-disrupt-accounting/

Page 11: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

What is Blockchain?

Page 12: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

Regulatory framework built for blockchain technology !

Page 13: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

U.S. Blockchain 2019 Legislationhttp://www.ncsl.org/research/financial-services-and-commerce/blockchain-2019-legislation.aspx

http://www.ncsl.org/research/financial-services-and-commerce/blockchain-2019-legislation.aspx

Page 14: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

Blockchain: Regulation and the Law 2019

https://www.globallegalinsights.com/practice-areas/blockchain-laws-and-regulations/united-kingdom

Page 15: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

Blockchain For Law Enforcement: 7 Possible Use Cases

https://www.disruptordaily.com/blockchain-use-cases-law-enforcement/

Page 16: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

Blockchain & Smart Contract

https://www.etcommission.go.th/article-Techno-Smartcontract.html

https://money.cnn.com/video/investing/2018/04/06/modex-ceo-talks-blockchain-and-smart-contract-marketplace.cnnmoney/

Page 17: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

Smart contracts – simple to complex

https://usblogs.pwc.com/emerging-technology/how-smart-contracts-automate-digital-business/

Page 18: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

Karamitsos, I. , Papadaki, M. and Barghuthi, N. (2018) Design of the Blockchain Smart Contract: A Use Case for Real Estate. Journal of

Information Security, 9, 177-190. doi: 10.4236/jis.2018.93013.

Page 19: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

Blockchain In Accounting and auditing

http://rabida.uhu.es/dspace/bitstream/handle/10272/14419/Auditing_with_Smart.pdf?sequence=2

Page 20: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

Why do we need smart contract auditing?

Page 21: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

UK Law Commission embraces blockchainsmart contract technology

https://s3-eu-west-2.amazonaws.com/lawcom-prod-storage-11jsxou24uy7q/uploads/2015/05/6.4475_LC_Annual-ReportAccounts-201718_WEB.pdf

https://bitcoinexchangeguide.com/uk-law-commission-starts-blockchain-smart-contracts-research/

https://www.lawcom.gov.uk/project/smart-contracts/

https://coinlaw.io/uk-law-commission-embraces-blockchain-smart-contract-technology/

Page 22: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

Smart contracts: Legal framework and proposed guidelines for lawmakers

• https://talkingtech.cliffordchance.com/en/emerging-technologies/smart-contracts/smart-contracts--legal-framework-and-proposed-guidelines-for-law.html

Page 23: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

Q&A

Page 24: Digital Disruption, Accountancy and the La · Digital Disruption, Accountancy and the Law !

Contact Information

Pedithep Youyuenyongอาจารย ปดเทพ อยยนยงFaculty of Law, CHIANG MAI UNIVERSITY 239 Huay Kaew Road, Muang District, Chiang Mai, Thailand, 50200

M: +6684 4154256T: +665 3942920 F: +665 3942914 E: [email protected]: http://www.law.cmu.ac.th/site/personnel/?action=profile&p=teacher&id=UA37