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The importance of accounting for and auditing digital assets

Oct 01, 2023 · 2 min read · AICPA & CIMA Insights Blog

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The fast-growing use of digital assets in financial transactions and investments requires new skills and knowledge for CPAs. With the adoption and use of digital assets and blockchain, it has become increasingly important for accounting and finance professionals to understand how to account for and audit digital assets.

As you face the possibility that your company or clients may transact or invest in digital assets, you’ll want to ensure that financial reporting remains transparent, accurate and compliant with proper standards.

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