FINANCE OF THE FUTURE
THE RISE OF BLOCKCHAIN AND CRYPTOCURRENCY
HOW COMMON DO YOU THINK CRYPTOCURRENCY WILL BECOME FOR BUSINESS TRANSACTIONS IN THE NEXT FIVE YEARS?
|13% Not common at all|
|18% Very common|
|37% Not very common|
|32% Somewhat common|
BY COMPANY SIZE:
|20-49||50-99 employees||100-249 employees||250-499 employees||500-999 employees||1,000+ employees|
|Not very common||42%||30%||31%||17%||16%||27%|
|Not at all common||17%||10%||4%||8%||2%||6%|
Responses may not total 100 percent due to rounding.
HOW DO YOU THINK THE RISE OF CRYPTOCURRENCY AND BLOCKCHAIN TECHNOLOGY WILL AFFECT ACCOUNTING AND FINANCE DEPARTMENTS?
|36% Staff will need to expand skill sets to adapt for new accounting and finance technologies|
|34% It will increase the need for specialized accounting (e.g., tax and forensic accounting)|
|30% There will be more cross-departmental collaboration with IT|
|29% It won’t impact accounting and finance until it becomes government-regulated|
|9% No impact at all|
Multiple responses permitted
Source: Robert Half Finance & Accounting survey of more than 2,000 U.S. finance leaders
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