Accounting
Crypto Card Issuer Wirecard Says It's Missing $2.1B in 'German Enron' Scandal
Wirecard admitted the accounting hole was roughly a quarter of the company’s total balance sheet.
Crypto Holders Still Face Issues Reporting Tax Liabilities, Survey of CPAs Finds
Certified Public Accountants familiar with crypto largely believe their clients might face audits or penalties for under-reporting holdings in past years, according to a survey.
EY Launches Blockchain Tool to Help Bring Accountability to Public Finances
The accounting giant is using blockchain tech to assist governments in improving transparency and accountability in the management of public funds.
Crypto Firms Merge to Build Software for Institutional Investors
In a bid to provide services for institutional investors, investor tools provider Picks & Shovels is merging with crypto accounting startup CoinVantage.
Stablecoin Issuer Promises Full Audits of Euro-Backed Crypto Token
The engagement of BDO Malta aims to dispel any doubts that EURS stablecoins are backed one-to-one by euros.
Digital Assets Don't Change Reporting Needs, SEC's Top Accountant Says
The arrival of cryptos doesn't alter the need to maintain proper accounting records, the SEC's Wesley Bricker said Monday.
Tether Review Claims Crypto Asset Fully Backed – But There's a Catch
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
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
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
The SEC's chief accountant is taking distributed ledger technology seriously, exhorting other accountants to do the same.
