News with the tag "accounting firm"

KPMG Canada partner Kunal Bhasin says rising debt and increasing inflation have likely attracted institutional investors into crypto.

The big four accounting firms have recognized the importance of blockchain and are investing heavily in the technology. They see blockchain as a potential game-changer for the accounting industry and are eager to be at the forefront of adopting this new technology. Blockchain has the potential to re...

Many of the most well-known crypto firms are not adhering to basic governance standards, the findings of a Bloomberg survey have shown. Only 31 out of the 60 polled firms “currently procure a full financial audit or reserve attestations from an independent auditor.” Industry participants have said m...

EY, the global accounting and professional services organization, released a long-awaited update on Friday for the creditors of Quadriga CX. The Canadian cryptocurrency exchange, which had sought bankruptcy protection in 2019 with liabilities of C$215.7 million and assets totaling around C$28 millio...