Overview of the Practical Guidance for Financial Statements Audits of Virtual Currency Exchange Service Providers
A Look Into How Cryptocurrencies Will Be Audited Crypto Related Guidelines In Japan: A Recap With the enactment of the amended Payment Services Act in April 2017, Virtual Currency Exchange (VCE) Service Providers will now be subject to financial statements audits and segregation of funds audits. Because comparability of financial statements is considered one of the […]
Audit and Accounting Related Services for Cryptocurrency Exchanges
Cryptocurrency Exchanges Looking for Auditors in Japan Cryptocurrency Exchanges operating in Japan require audits by a CPA over their financial statements and segregation of funds. For details, go see my other post on this topic. At our firm, a CPA that knows crypto will help you with your accounting and auditing related needs. We can also […]
Accounting Standards Board of Japan Releases Exposure Draft on the Accounting for Virtual Currencies
I posted an analysis of the Exposure Draft on the Accounting for Virtual Currencies released by the ASBJ on our Japanese blog, which can be viewed here. This could very well be the first official stab an accounting standard-setting body has taken in outlining the accounting rules for cryptocurrencies. If you would like a full English translation […]
We now provide Blockchain Audit Services to assist Cryptocurrency Exchanges in complying with new regulations in Japan
Cryptocurrency Exchanges in Japan are now required to register with the FSA and will be subject to CPA audits On September 29, 2017, 11 Cryptocurrency Exchanges were registered with the Financial Services Agency (FSA). As part of new regulations that went into effect as of April 1, 2017, firms involved with the exchange of virtual […]
