News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
Practical accounting and audit implications of ASC 350-60's judgment-driven framework for stablecoins, wrapped tokens, and in-scope crypto assets on corporate balance sheets.
Regulatory and operational risk: what the EU's 21st sanctions package means for CASPs, accounting firms, and CFOs managing sanctions exposure
EU 21st Russia sanctions package: 14 crypto platforms designated, new country-wide ban authority, and what compliance teams must do before August 23
AML and compliance officers at US credit unions face four concrete crypto exposure channels they must map, monitor and document now, with NCUA guidance making visibility a regulatory baseline
Minnesota's total crypto kiosk ban is now live: AML, compliance, and accounting implications for firms and CFOs serving operators or retail clients
How diverging IFRS and FASB crypto accounting rules force CFOs and audit teams to overhaul financial-statement processes and internal audit coverage right now
Dubai's VARA has published one of the most detailed crypto regulatory frameworks globally, with direct implications for VASP licensing, AML/CFT obligations, and asset segregation, plus a firm prohibition on privacy coins that accounting firms and compliance teams must absorb immediately.
Three simultaneous regulatory moves, NYDFS-EBA stablecoin MOU, Hong Kong VATP and advisory licensing, and CFTC perpetual futures approvals, are reshaping the cross-border compliance obligations of stablecoin issuers, VASPs, and digital asset firms in 2026.
Five on-chain financial crime typologies compliance teams at banks, fintechs, and custodians must embed in their AML/CFT frameworks now
Regulated crypto firms do not need a novel governance model: the three-lines-of-defense framework from traditional finance already meets what regulators expect globally, and firms that ignore it face personal liability.
A five-stage blockchain risk maturity framework helps financial institutions benchmark AML/CFT readiness and build toward strategic digital asset capability
The IRS merges the Office of Professional Responsibility and the Return Preparer Office into the new Tax Professional Management Office, effective June 28, over AICPA objections about conflicts of interest and credential confusion.
State-level crypto ATM bans accelerate across the US and Canada signals a federal crackdown, raising VASP licensing, AML, and operator liability questions for accounting and compliance teams
Section 530A Trump accounts create an 18-year recurring advisory revenue stream that most accountants are overlooking
FinCEN formally launches a whistleblower tip portal covering BSA, sanctions, and money laundering violations, with financial awards for actionable submissions that lead to enforcement.
IRS Office of Professional Responsibility clarifies that Circular 230 duties apply in full to AI-assisted tax work, placing compliance and billing obligations squarely on practitioners and firms
DAC8 reporting introduces mandatory disclosure of crypto transactions for EU tax authorities, aligning with global standards like CARF and impacting accounting firms' compliance workflows.
What ASU 2023-08 changed, which assets its scope criteria actually reach, and why the assets it excludes are now the harder half of the problem.
A practitioner-focused comparison of FASB ASC 350-60 fair value accounting against IFRS crypto asset treatment, showing accounting firms and CFOs exactly how the two frameworks diverge and what that means for financial statement preparation and client advisory work.
ASC 350-60 ended impairment-only accounting for crypto: accounting firms and CFOs need to understand what FASB fair value measurement means for balance sheets, disclosures, and how it diverges from IFRS.
An authoritative explainer for accounting firms and finance teams on how ASU 2023-08 reshapes crypto asset measurement, disclosure, and audit obligations under US GAAP, with a comparative lens on IFRS treatment.
A practical explainer for accounting firms and finance teams on how ASU 2023-08 reshapes crypto asset recognition and measurement under US GAAP, with a clear comparison to IFRS treatment and the reporting obligations that sit alongside both frameworks.
A practical explainer for accounting firms, CFOs, and finance teams on how IFRS and US GAAP frameworks treat crypto assets differently for financial reporting, and what that means for audit-readiness and client advisory in 2025.
Explain how accounting firms and finance teams must navigate overlapping global crypto reporting frameworks, from DAC8 reporting and CARF to IFRS crypto assets and ASC 350-60, and what practical steps ensure audit-readiness across jurisdictions.
