Digital Assets
Guiding you through the ever-changing digital assets landscape and how it affects you and your organization
Digital Assets
The evolving digital assets industry is shaping how many individuals and organizations are doing business. Now more than ever, it’s critical to assess potential risks, evaluate business impacts and take advantage of available business opportunities.
Whether you’re in need of crypto transaction tracing or are looking to review the infrastructure of your smart contracts, our experienced professionals are here to help.
Solutions to explore
Tax advisory and compliance
As businesses and individuals interact with digital assets with increasing frequency, it is critical for taxpayers and their advisors to understand the implications of owning and transacting with digital currencies. Our advisors have comprehensive tax and digital assets knowledge and can guide you through how the two intersect.
How we can help
- Tax strategy: Identify, assess and understand how digital assets are impacting your tax position.
- Tax controversy: Navigate digital asset tax noncompliance or a tax agency examination.
- International tax and transfer pricing: Since digital assets are inherently borderless, ensure your organization meets ongoing international tax and transfer pricing needs.
- Research and development (R&D) credits: Determine whether your organization’s digital asset activities may qualify for R&D tax credits.
- State and local taxes: Evaluate the applicability of direct and indirect state and local taxes on digital asset activities.
Advisory
Our industry-specific expertise allows for customized digital assets solutions. Explore the opportunity with our professionals to properly integrate digital assets into your current systems.
How we can help
- Digital assets strategy: As the digital assets landscape evolves, it’s imperative to stay ahead and protect your organization from any risks. Let’s map to where you want to go.
- Smart contract advisory: Building a sustainable smart contract program has many moving parts. Together, we can help manage risks throughout planning, testing, coding, implementation and validation.
- Internal control advisory: Governance expectations will grow exponentially as you execute on your strategy. Understand your internal control needs.
- Internal audit: Using a forward-looking, industry-fluent approach, we can help address emerging risks, streamline business processes and strengthen internal controls.
- BSA and AML solutions: It’s imperative to perform continuous monitoring of the exposure and tracing of your digital asset transactions throughout the full financial ecosystem to understand your risk. Are you in the know?
- System and organization controls (SOC) reporting: As your digital assets exposure grows, so will the expectations of your stakeholders. As a result, your internal controls, security and processes will need to mature. We can help.
- Fraud and forensic investigations: Identify and mitigate fraud risks and investigate with an understanding of digital assets.
- Cybersecurity: Is your organization secure? Let’s work together to proactively protect and address any cybersecurity issues under the expanded scope of the digital asset ecosystem.
- Public company readiness: Whether it be through an initial public offering (IPO), special-purpose acquisition company (SPAC) or other paths to going public, we’ll navigate the risks and maximize the rewards for your digital assets organization.
Technical accounting
With how quickly the industry is evolving, you have two choices: get on board or get left behind. Lean on our technical accounting expertise so you can focus on what really matters, shaping your business.
How we can help
- Accounting and finance services (AFS): We'll handle your back-office operations, freeing up the space for your organization to prioritize growing the business.
- CFO advisory: We’re ready to support your organization’s financial leaders, business owners and investors to meet the unique challenges and complexities of the digital assets ecosystem.
Get started
Our advisors are working to stay ahead of the curve and we’re committed to helping our clients do the same. They have experience in the digital assets ecosystem and understand how financial organizations operate. The knowledge of this intersection will help determine business impact, risks and opportunities available to you.
We are continually monitoring developments in the industry, as well as regulatory changes from entities including:
- U.S. Securities and Exchange Commission (SEC)
- Commodity Futures Trading Commission (CFTC)
- Financial Industry Regulatory Authority (FINRA)
- Internal Revenue Service (IRS)
- Financial Crimes Enforcement Network (FinCEN)
- Consumer Financial Protection Bureau (CFPB)
- American Institute of Certified Public Accountants (AICPA)
