When technology becomes the driver of an industry there is a tendency to choose the path of least resistance, writes Kara Haas, CPA, creating the distinct risk that ethical questions are tabled in favour of pushing ahead with innovations. In-Ki Joo, president of the International Federal of Accountants, recently said: “You can produce all kinds of information (but) how do you use that information depends on your integrity and our profession should be the leader in our society using that information for the public interest not for our own use.” Ms Haas cites blockchain as an example of how the profession needs to take care.

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