accounting News

The Financial Accounting Standards Board has released its first crypto accounting rules, revolutionizing how companies report cryptocurrency holdings.

SEC warns of accounting firms partnering with unreliable crypto trading platforms

In a press release issued on April 13, 2020, the Association of Chartered Certified Accountants (ACCA) and Tezos Southeast Asia (TSA) announced that they had inked a Memorandum of Understanding (MoU) to explore applications of Tezos blockchain in the accounting…

The Institute of Chartered Accountants of Scotland (ICAS) has entered into a partnership with PricewaterhouseCoopers (PwC) to test a blockchain-based platform that will store and issue qualifications to accountants, announced February 28, 2019. Qualified to Serve A quick look at…

On March 19, 2018, the “Big Four” accounting firm PWC and Northern Trust, a U.S custody bank, have jointly announced the release of new tools to give private equity fund auditors fast access to data stored on its private blockchain.…

The explosive trajectory of blockchain innovation has been nothing short of remarkable. The technological applications ensuing from these efforts are poised to disrupt a wide swath of professional fields and industries. This is particularly true for the accounting profession and…