The top accounting official at the U.S. Securities and Exchange Commission cautioned auditors against having their non-audit work being used by crypto firms as financial statement audits.
Tether is becoming an artisan at promising to provide an audit showing that its stablecoin is fully backed and then doing everything in its power to avoid exactly that.
Abendum complies with the ISA 500 international auditing standard that determines whether a report is considered sufficient and appropriately complete for auditing.
German financial services provider Wirecard has come up $2.1 billion short in its recent audit.
350,000 Australian taxpayers have been served notices that they face audits over their digital currency activity.
Audits should now take into account emerging technologies, AICPA says, including blockchain and robotic process automation.
PWC’s new tool will provide better transparency into crypto transactions, and protect against malware and hackers.
Gemini has announced it has passed an independent security compliance audit by Deloitte, in a development the company is hailing as a “world’s first for a cryptocurrency exchange and custodian.”
In an attempt to regain some footing and possibly some of the public trust it has lost, Tezos entered a deal with PricewaterhouseCoopers (PwC), which will “act as the external auditor for the Foundation’s finances and operations.”
An audit performed by an outside accounting firm revealed that Upbit, which has been hit with allegations of fraud, has done nothing wrong.
Cryptocurrencies are clearly not welcome in China, but blockchain technology may be fair game.
