A recent Forbes article titled “Crypto Trends Every CPA Should Know In 2019” by Blox CEO Alon Muroch outlined five crypto trends that are on the verge of cresting. He recommends that accounting professionals need to make sure they keep their heads up and eyes open in the crypto space.
He also notes that three key organizations appear to be stepping forward to help via research, discussions and standards: The Financial Accounting Standards Board (FASB), the International Financial Reporting Standards (IFRS) and The Accounting Blockchain Coalition (ABC). Blox is an ABC member.
Crypto Trends Every CPA Should Know In 2019
- Regulatory Evolution
- Cost Basis Calamity
- Smarter Software
- Organizational Emergence
- Upheaval Of Tradition
Read the entire article here.
Check out all ABC blogs here.
Register for the Crypto Accounting – The Good, The Bad and The Cost Basis Webinar today here.