Internal control best practices for blockchain technology
Compliance Week – November 14, 2019
Those in the accounting profession who want to understand better the inherent risks, threats and vulnerabilities, and internal control best practices associated with the use of blockchain technology now have a first-of-its-kind framework to follow, thanks to the Accounting Blockchain Coalition.
Crypto Tax Software Sees Surge in Demand Amid IRS Crackdown
Bloomberg Tax – November 13, 2019
Startups providing cryptocurrency tax software have proliferated in recent years, and the tools will become even more popular going into the 2020 filing season, industry professionals said.
B-Commerce Cometh, but During Taxing Times
Vertex – November 11, 2019
There is no shortage of optimism concerning the many ways blockchain/distributed ledger technologies will disrupt traditional industries and organizations
Accounting Giants Launch Tool for Assessing Blockchain Risk
Forbes – October 23, 2019
The growth and adoption of blockchain technology in the enterprise space is getting up to full steam at the moment. It is also being aided by the likes of the Accounting Blockchain Coalition (ABC), an alliance dedicated to educating businesses and organizations on accounting matters relevant to digital assets and blockchain.
B-Commerce Cometh, but During Taxing Times
Vertex – September 10, 2019
Cross-border e-commerce is becoming taxable across the globe. But for blockchain companies, the future is not so predictable.
Crypto Trends Every CPA Should Know In 2019
Forbes – August 20, 2019
Five years ago, the biggest debate in crypto was whether digital currencies would survive or not. With crypto’s viability now assured, people want to know what comes next.
Crypto Accounting Best Practices To Follow In 2019
Forbes – July 29, 2019
Cryptocurrency and blockchain technology have dominated the tech conversation in 2019. Experts in the finance industry are learning all they can about how crypto works and what to expect from different blockchains and altcoins. Everywhere you look, people are clamoring for more crypto knowledge, but all that noise has muffled the people who keep everything running.
Eide Bailly joins two blockchain industry associations
Accounting Today – May 6, 2019
Following a big ramp-up of investment in blockchain products and services, Top 100 Firm Eide Bailly has joined the Wall Street Blockchain Alliance and the Accounting Blockchain Coalition, two alliances dedicated to educating businesses and organizations on matters relevant to digital assets and distributed ledger technology, including blockchain.
No Need to Fear Blockchain: What CPAs Need to Know
CPA Practice Advisors – December 17, 2018
Eighty-four percent of executives say their companies have at least some involvement in a blockchain project, according to PwC’s 2018 Global Blockchain Survey.
Digital Economy and Taxation Symposium at Georgetown Law
Georgetown Law – November 29, 2018
WASHINGTON – On Monday, Dec. 3, Georgetown Law’s Institute of International Economic Law, the Inter-American Development Bank, the Digital Economy Taxation Network, and Vienna University’s Institute for Austrian and International Tax law will host a one-day conference: “The Digital Economy: Reimagining Taxation in the Age of Digital Disruption” at Georgetown Law.
Blockchain Promise to Revolutionize Accounting Hits Reality Wall
Bloomberg – November 13, 2018
Today the technology has divided the profession over how to make it work not just for accounting, but for the capital markets that demand fast, accurate financial information.
American Accounting Association Takes On Blockchain
Coin Pedia – October 18, 2018
With more than 7000 members worldwide, American Accounting Association (AAA) plans to take on blockchain technology.
Prestigious Accounting Association Takes On Blockchain Technology
Forbes – October 17, 2018
There is global interest in what a shared distributed ledger means for the accounting industry. With more than 7,000 members worldwide, one need look no further than the American Accounting Association — the premier organization of accounting academics—for proof.
Accounting Blockchain Coalition Announces 35 New Members
CPA Practice Adviser – October 17, 2018
The Accounting Blockchain Coalition (ABC) has announced that 35 members have joined since its launch in the spring of a multi-stakeholder group of industry leaders in accounting, education, technology, finance and law.
CryptoTaxAcademy Offers CPE Credit and Enterprise Learning
CPA Practice Advisor – September 21, 2018
Crypto Tax Academy has announced that it now has an enterprise offering for multi-student discounts and group trainings for small, medium and large tax and accounting firms
EisnerAmper Risk Solutions, New York, Joined the Accounting Blockchain Coalition
Accounting Today – September 7, 2018
EisnerAmper Risk Solutions, a subsidiary of EisnerAmper, New York, joined the Accounting Blockchain Coalition
EisnerAmper Joins Accounting Blockchain Coalition
CPA Practice Adviser – September 5, 2018
EisnerAmper Risk Solutions, LLC, has joined the Accounting Blockchain Coalition (ABC). The unit is a subsidiary of EisnerAmper LLP, one of the largest accounting and business advisory firms in the U.S.
BX3 joins Accounting Blockchain Coalition
Accounting Today – August 31, 2018
More in Blockchain Cryptocurrencies Bitcoin BX3, a business advisory firm focusing on the blockchain and cryptocurrency industry, has joined the Accounting Blockchain Coalition, a group dedicated to educating businesses and organizations on accounting matters relevant to digital assets and distributed ledger technology, including blockchain.
UA Little Rock College of Business joins Accounting Blockchain Coalition
UALR – August 31, 2018
The University of Arkansas at Little Rock College of Business today announced that it has joined the Accounting Blockchain Coalition, an alliance dedicated to educating businesses and organizations on accounting matters relevant to digital assets and distributed ledger technology, including blockchain.
BX3 Joins the Accounting Blockchain Coalition
BX3 Capital – August 28, 2018
BX3 Capital (BX3), an industry-leading business advisory firm that focuses on the blockchain and cryptocurrency industry, today announced that it has joined the Accounting Blockchain Coalition (ABC), an alliance dedicated to educating businesses and organizations on accounting matters relevant to digital assets and distributed ledger technology, including blockchain.
The Request Network Foundation Joins The Accounting Blockchain Coalition
Request Network – August 15, 2018
The Request Network Foundation, a not-for-profit developing a framework for compliant blockchain transactions today announced that it has joined the Accounting Blockchain Coalition, an alliance dedicated to educating businesses and organizations on accounting matters relevant to digital assets and distributed ledger technology, including blockchain.
Withum forms cryptocurrency, blockchain services group
CoinReport – July 24, 2018
National-ranking audit, tax and advisory company WithumSmith+Brown PC (Withum) announced in a press release CoinReport received from CMM Strategic Communications, Withum’s PR company, the creation of a Digital Currency and Blockchain Technology Services Group.
David Deputy: Tax and Blockchain
Trader Cobb Crypto Podcast – July 20, 2018
David Deputy is a Connector/builder working on global regulatory technology using blockchain and machine learning.
Withum is on the forefront of cryptocurrency services
Accounting Today – July 13, 2018
WithumSmith+Brown, a Princeton, N.J.-based firm ranked No. 25 on Accounting Today’s Top 100 Firms of 2018 list, has opened a digital currency and blockchain services group.
Withum expands tech services with blockchain, digital currency group
ROI – July 9, 2018
WithumSmith+Brown P.C., the national audit, tax and advisory firm, has formed a Digital Currency and Blockchain Technology Services Group to address the challenges of digital assets, cryptocurrencies and other aspects of blockchain technology, it announced Monday.
Blockchain: The Savior of Data Privacy?
CIO Review – July 3, 2018
Blockchain Technology stores information as a shared and continually reconciled database. This means that the information stored through blockchains are publicly accessible and easily verifiable. Therefore, there is no centralized version for a hacker to corrupt.
Financial Professionals’ Responsibilities Are Changing. Get Ready For The Impact Of Blockchain.
FEI Daily – June 25, 2018
Financial professionals must find new ways to keep pace with the change and risk of disintermediation, while also ensuring the efforts to use blockchain are targeted at the right opportunities.
Can Blockchain Really Address Data Privacy Concerns?
Econtent – June 18, 2018
Every industry is exploring the best use cases of the latest disruptive technology to demand our attention. The media publishing industry is no different. Especially with the ongoing buzz around Facebook and YouTube’s data scandal, the topic of blockchain technology and its effectiveness has surfaced.
Eisneramper joins the accounting blockchain coalition
Global Banking & Finance Review – June 9, 2018
The ABC is dedicated to educating businesses and organizations on accounting matters relevant to digital assets and distributed ledger technology, including blockchain.
Custody: Unchartered Waters for Digital Assets
FinOps Report – June 1, 2018
Qualified custodian. That’s a term that compliance and operations managers at registered investment fund advisors, not to mention the US Securities and Exchange Commission, are now grappling with, when it comes to the safekeeping of digital assets. Registration is required.
The Cyberlaw Podcast: Blockchain Takes Over
Lawfare Blog – May 23, 2018
In our 217th episode of the Cyberlaw Podcast, the blockchain and cryptocurrency team takes over the podcast again.
Blockchain groups focus on regulatory compliance, accounting, taxation, internal control
Financial News – May 21, 2018
The Accounting Blockchain Coalition (ABC) launched four new member-driven working groups in Regulatory Compliance, Auditing and Accounting, Taxation, and Internal Control, the company said.
Toward Frictionless Trade and Frictionless Compliance: The Challenges and Opportunities of Blockchain (Registration Required)
Tax Notes – May 14, 2018
David Deputy is director of strategic development and emerging markets with Vertex, president of the Accounting Blockchain Coalition, and based in Philadelphia. Griffin Andersen is with Consensys in New York. Błażej Kuźniacki is a research fellow with Singapore Management University — Tax Academy Centre for Excellence in Taxation.
30% of Finance Execs Want Blockchain, New Version of Casper Released, OpenSea Raises funding
Crypto News Network – May 12, 2018
Recently in news The Financial Executives Research Foundation says that 30% of financial executives will commit resources to blockchain, Ethereum released a new version of Casper, and non-fungible digital items merchant, OpenSea, raises funding from valuable industry VCs.
Technology and ‘blockchain’ about to radically change accounting, Broad prof to warn a New York City conference
Michigan State University – May 11, 2018
Bill McCarthy is headed to New York City to share a warning: change is coming
Can Blockchain Really Change The Financial Suite?
Financial Executives International – May 9, 2018
How, when and where senior-level financial executives invest resources in blockchain solutions is becoming a high priority as stakeholders begin to debate the technology’s application against modern accounting and financial reporting.
Accounting Blockchain Coalition Conference Highlights NYC Blockchain Week
Digital Journal – April 30, 2018
The Accounting Blockchain Coalition (ABC), announced today the second annual Blockchain, Accounting, Audit and Tax Conference scheduled for May 17, 2018 from 8:30 am – 6 pm EDT during New York City Blockchain Week. Lunch and refreshments will be served. Tickets are $199. Media qualify for a free conference pass.
Cryptocurrency: Next Frontier for Cost-Basis Reporting
FinOps Report – April 27, 2018
US personal tax day, April 17, was either the beginning of a lot of heartache or overdue operational relief for investors in cryptocurrency.
Coalition forms to wrestle blockchain accounting issues
Compliance Week – April 13, 2018
A group of accounting and tax professionals has established a grassroots coalition to get their arms around blockchain and what it will mean for the accounting profession.
EU’s Proposed Digital Tax Doesn’t Apply to Fintech Activities: Expert Take
CoinTelegraph – March 6, 2018
In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy.