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MEASURING SOCIAL IMPACTA Guide for Grantmakers and CSR Professionals

As you work to advance social good, measurement is...

Choosing a Grants Management Software to Support Trust-Based Philanthropy

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LIBERTY BEHAVIORAL MANAGEMENT

In 2011, DMEa deployed RingCentral MVP across its entire...

Blockchain and Cryptocurrency CPAs—Evolution of the Profession

The irony about needing accountants who understand digital assets is that blockchains themselves are transaction ledgers with automated record-keeping—a blockchain is a giant check register. The technical properties of blockchains means data can never be deleted, only added or read, while transactions and balances can be instantly verified with 100% certainty through the protocols themselves. Because of this, blockchains can disrupt the accounting and tax industries by automating the accounting, bookkeeping, and data entry, and eventually forcing accountants to evolve.

While the industry isn’t quite there yet, today’s complexities of taxation and reporting of digital assets are creating a need for a new breed of accountant: the crypto CPA who is good at working with limited data, being a forensic investigator, understanding new protocols, and applying old frameworks to new technologies while steering clear of any regulatory risk.

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