Aprio Blockchain Services
MANAGE THE FINANCE AND TAX COMPLEXITIES AND COMPLIANCE RISKS OF BLOCKCHAIN VENTURES WITH APRIO
Crypto entrepreneurs and established blockchain companies must understand their regulatory, tax and accounting obligations to manage risk and safeguard the value of their crypto investments and blockchain ventures.
Aprio, LLP has been providing tax, audit and consulting services to companies on the blockchain since 2013. We’ve developed accounting and financial reporting best practices and processes that help companies navigate domestic and international accounting and regulatory, compliance and tax obstacles.
2013
A BLOCKCHAIN LEADER
Aprio was one of the first firms ever to complete an audit of a blockchain company, which was the largest crypto payment processing company in the world.
2019
PAVING THE WAY
Aprio became one of the first firms ever to issue a SOC 2 report for a blockchain company, which was the world’s largest payment processor.
Build value at every stage of growth
Early-stage ventures — stay investor-ready
Bookkeeping and outsourced accounting
Young blockchain companies and entrepreneurs entering the market need to position themselves for growth and stay investor-ready. Establishing the right accounting policies for digital transactions and getting support to manage day-to-day accounting functions is essential to making informed decisions and providing efficient and timely financial reporting to investors.
With maturity comes accountability
Blockchain audit readiness and audit services
For mature companies, the accuracy and reliability of accounting transactions and financial records are critical to making strategic business decisions and ensuring that vendor and regulatory audits go smoothly. From audit readiness to prepare for a pending audit to comprehensive financial audits, Aprio can help you manage risks and “de-stress” the crypto audit experience.
Aprio makes crypto taxation less taxing
Blockchain tax services
Cross-border crypto transactions and investments create significant tax compliance complexities, and regulatory guidance is constantly evolving. Aprio helps blockchain companies address the complex domestic and global tax and accounting challenges that arise from digital transactions. Aprio also provides tax strategy and compliance services for high-net-worth crypto executives, investors, entrepreneurs and business owners.
Security and compliance are essential to growth
Data security and privacy audit and assurance
Can you prove your business has data security under control? As part of due diligence, potential customers and partners will demand independent assurance that your risk management program meets their operational and compliance risk management requirements. Aprio helps you meet these requirements through comprehensive risk assessment, audit and certification reporting, includingaudit and certification reporting, including GDPR, SOC 2, PCI, ISO 27001, FedRamp, CMMC, NIST 800- 171 and other leading protocols.
Anti-money laundering (AML) and financial crimes compliance
U.S. regulators have dedicated significant resources to and established enforcement frameworks for cryptocurrency . The Bank Secrecy Act (BSA) and the U.S. Patriot Act, among other related AML laws, have complex requirements with severe penalties for noncompliance — not to mention the reputational harm of terrorist financing and facilitating the movement of illicit funds. Aprio’s team, led by Certified Anti-Money Laundering Specialists (CAMS), helps you build AML, OFAC/sanctions and FCPA compliance programs that not only help withstand the scrutiny of regulators, but also improve your financial crimes compliance program to provide you with a competitive advantage when working with financial partners — including payment facilitators, card associations, customers, banks, investors and others.
Aprio’s Blockchain Services Leadership
Mitchell Kopelman
Technology Leader | Tax Partner
David Siegel
Technology and Fintech | Assurance Partner
Brett Williams
Information Assurance Services | Assurance Partner, Aprio
Haley Beatty
Director, Forensic Accounting
Dmitri Alexeev
Tax Partner
Emily Cheshire
Director, Managed Services & Technology Practice