Finance of the Future
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Unemployment at 5.5 Per Cent; Unchanged from Previous Month
Unemployment at 5.5 Per Cent; Down from Previous Month
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?
|11% Not common at all|
|13% Very common|
|39% Not very common|
|37% 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%||33%||30%||35%||31%||42%|
|Not at all common||12%||7%||11%||11%||0%||13%|
Responses may not total 100 per cent due to rounding.
HOW DO YOU THINK THE RISE OF CRYPTOCURRENCY AND BLOCKCHAIN TECHNOLOGY WILL AFFECT ACCOUNTING AND FINANCE DEPARTMENTS?
|Staff will need to expand skill sets to adapt for new accounting and finance technologies 53%|
|There will be more cross-departmental collaboration with IT 31%|
|It will increase the need for specialized accounting (e.g., tax and forensic accounting) 30%|
|It won’t impact accounting and finance until it becomes government-regulated 28%|
|No impact at all 6%|
Multiple responses permitted
Source: Robert Half Finance & Accounting survey of more than 270 Canadian finance leaders
© 2018 Robert Half Finance and Accounting.