Digital Currency

Technologists Randy Johnston and Brian Tankersley, CPA, discuss Audit Sight, a technology platform that eliminates manual work for auditors, diligence and private equity providers by automating financial transaction verification.

Alliance brings together Bitwave's software platform with Deloitte's accounting, tax and governance, risk and controls advisory services.

Users can now create an automated data flow, so reconciled transactions appear in the correct locations in a business's chart of accounts.

The new rules will require certain cryptocurrency assets, such as Bitcoin and Ethereum, to be measured at fair value.

Is the sale of an NFT subject to tax? Should it be? While lawmakers and tax officials worldwide have at least 91.8 million reasons to ensure tax laws account for sales of NFTs and other new tech, crafting tax policies for NFTs is difficult.

AICPA News is a roundup of recent announcements from the American Institute of Certified Public Accountants.

As the accounting profession continues to evolve through the use of technology, it is critical for firms that want a competitive advantage to analyze the data they collect to make better business decisions and deliver more value to their clients.

The Exchange provides internal auditors in the financial services space with the opportunity to share their greatest takeaways, tools, and techniques with other leaders.