The post KPMG Forms Alliance To Help US Firms Adhere To GAAP appeared first on Coinpedia Fintech News
KPMG established a strategic alliance with Cryptio, a crypto accounting software, to help crypto firms in the United States adhere to GAAP compliance. The strategic alliance is aimed at establishing controls within cryptocurrency firms to better account for their crypto assets. Antoine Scalia, Founder, and CEO of Cryptio, stated that the alliance empowers enterprises and institutions to navigate the complexities of regulatory reporting requirements, audits, and accounting processes with confidence. He also stated that they are setting standards for regulated institutions that are adopting digital assets.
