Page length requirements for the assignment exclude the title page and the reference page.
References need to include your textbook plus two additional credible academic references. All sources used, including your textbook, must be referenced; paraphrased and quoted material must have accompanying citations and cited per APA guidelines. Use of the CSU Global library is necessary.
Requirements: 4-5 Pages
Answer preview
However, the accurate information provided on the web after the cryptocurrency exchanges produces real-time ledgers and upholds them for participants’ interests. For this reason, the blockchain system offers resourceful information needed in accounting practices regarding proprietorship, organization’s obligations, and indemnities. Furthermore, this approach eliminates extra accounting costs that accountants have to consider when preparing the financial reporting materials (Zubir et al., 2020). The printing costs for materials needed during the financial preparation processes and time used can be draining among accountants. However, the advanced strategy of making transactions through bitcoin eliminates such setbacks. Also, worth noting, the use of bitcoin requires an in-depth understanding of the exchanges and blockchain system. Hence, this motivates accountants to enroll for continuous learning to sharpen their accountancy skills, making them learn strategic accounting practices to perform when taking records.
