Accountants help SEC draft crypto regulations

tax.thomsonreuters.com

Accountants are offering expertise to the SEC as it develops crypto regulations, aiming for greater clarity in financial reporting. Professional accounting bodies and major firms support the SEC's Crypto Task Force, emphasizing the need for consistent application of accounting and auditing rules for digital assets. The AICPA, CAQ, and Big Four firms recommend coordination with FASB and PCAOB, while also highlighting the role of non-audit attestations in providing a complete view of crypto activities.


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Accountants help SEC draft crypto regulations | News Minimalist