Browsing the "Accounting" Tag

Digital Assets Don’t Change Reporting Needs, SEC’s Top Accountant Says

| Stan Higgins

The arrival of cryptos doesn't alter the need to maintain proper accounting records, the SEC's Wesley Bricker said Monday.

hook, money

Tether Review Claims Crypto Asset Fully Backed – But There’s a Catch

| Marc Hochstein

Tether has finally produced a third-party report proclaiming that its cryptocurrency, USDT, is fully backed by U.S. dollars – with some big caveats.

XBRL Reporting Standard Co-Founder Joins Blockchain Startup

| Stan Higgins

Blockchain startup Auditchain has added the co-founder of a widely used business reporting standard to its leadership team.

Libra Eyes Institutional Investors with Crypto Tax and Accounting App

| Wolfie Zhao

Blockchain startup Libra has unveiled a new compliance application for the institutional market, targeting businesses like crypto funds and exchanges.

Top SEC Accountant Wants Auditor Eyes on Crypto

| Brady Dale

The SEC's chief accountant is taking distributed ledger technology seriously, exhorting other accountants to do the same.

Balanc3 demo

Transparent ICOs? Blockchain Projects Prove Value with New Accounting Tech

| Michael del Castillo

Blockchain startup Balanc3 is launching a new accounting platform for ICOs, one aimed to give both issuers and investors more peace of mind.

US Accounting Standards Body Weighs New Digital Currency Rules

| Stan Higgins

The Financial Accounting Standards Board is reportedly mulling whether to develop new guidelines for companies working with cryptocurrencies.

balaj, pwc

To Go Big on Blockchain, ‘Big Four’ Firm PwC Thinking Small

| Michael del Castillo

To scale up its blockchain operations, 'Big Four' audit firm PwC is thinking small with its strategy.

Consensys lanyards, accounging consortium

‘Big Four’ Accounting Firms Meet to Consider Blockchain Consortium

| Michael del Castillo

'Big Four' accounting firms Deloitte, Ernst & Young, KPMG and PwC held a meeting yesterday to discuss forming a blockchain consortium.

Why PwC’s New FinTech Director Won’t Rock the Blockchain Boat

| Michael del Castillo

PwC's new US FinTech director reveals how the firm is being transformed by blockchain.