News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
ASIC's rolling Federal Court orders against a former fund director illustrate how regulators use asset freezes and travel restraints as live enforcement tools, with direct implications for how accounting firms and auditors assess going-concern risk and document AML exposure in Australian fund structures.
ASIC's criminal prosecution of BBY's former Executive Chairman for alleged client money misuse signals continued regulatory pressure on Australian financial services firms and their senior officers.
ASIC convenes its first capital markets modernisation roundtable, signalling that DLT, tokenised assets, and AI-driven trading are now regulatory priorities for Australian financial services firms and their advisers
ASIC's June 2026 industry letter makes cyber resilience a live licensing obligation for all Australian financial services firms, with AI-accelerated threats and the FIIG Securities court outcome raising the compliance bar immediately.
Huione Group has become the largest illicit online marketplace ever recorded, with its own unregulated stablecoin USDH designed to evade asset freezes. Accounting firms and compliance teams need to understand the transaction volumes, the USDH exposure risk, and the AML obligations this creates.
ASIC's Federal Court-ordered receiver appointment over Cotton and First Mutual exposes asset-tracing and investor-fund-protection obligations for accounting firms and auditors advising clients in similar structures
SARS has updated its Binding General Rulings series to include rulings 61-80, giving accounting firms and CFOs new authoritative interpretation guidance to apply to their South African tax positions.
Operational and compliance impact of Australia's FATF travel rule taking effect 1 July 2026 for exchanges and their accounting advisers
ASIC's $10.3M penalty against Mercer Super for systemic failures in the reportable situations regime signals escalating enforcement expectations for all Australian financial services licensees
ATO's glossary update reinforces the convergence of crypto accounting standards globally, affecting firms that advise clients on IFRS crypto assets.
ATO's discussion on best crypto tax software highlights the need for enterprise-grade crypto accounting solutions for firms.
ATO guidance on crypto tax software reinforces the need for enterprise-grade accounting tools, positioning CryptaCount as a leading solution for firms.
The ATO has published guidance on selecting crypto tax software, highlighting the importance of accurate reporting and compliance for firms.
A practical guide for Australian accounting firms and auditors on what crypto audit software must do to satisfy AASB standards, ATO obligations, and client audit-readiness requirements.
A practical guide for accounting firms and finance teams on how the major global crypto financial reporting frameworks, including FASB ASC 350-60, IFRS, CARF, and DAC8, interact and what they mean for Australian and internationally active clients.
