The United States' audit, tax, and advisory firm, KPMG LLP, has formed a partnership with Cryptio, a renowned crypto accounting software platform, to help companies improve their controls for crypto asset accounting. The objective of the collaboration is to equip enterprises and institutions with KPMG, part of a global network operating in 143 countries with over 273,000 professionals, is known for its robust audit, tax, and advisory services. Cryptio, led by Founder and CEO Antoine Scalia, specializes in enabling accurate and comprehensive on-chain data for financial reporting. This strategic alliance aims to enable institutions to confidently handle regulatory reporting requirements, audits, and accounting processes in the evolving digital asset ecosystem, fostering trust and sustainability in the crypto industry.
KPMG and Cryptio Form Alliance to Enhance Crypto Asset Accounting
the necessary resources to effectively navigate the intricacies of the digital asset landscape. KPMG provides extensive industry knowledge to assist businesses in improving internal controls and adhering to financial reporting standards, while Cryptio's advanced technology guarantees comprehensive and auditable data.