Dec 22 2022
6. On-chain Accounting is the Future with Trevor Ward
Trevor Ward, CPA, is the co-founder and CEO at Multisig Media, the leading web3 news and education company for accountants and finance professionals.Gil and Trevor discuss the importance of educating accountants on digital assets, various on-chain solutions to prove an exchange's solvency, the unique challenges (and opportunities) in accounting for crypto assets, and much more.Key Takeaways:How Trevor got crypto-pilled after he was a skepticViews on the future of custodial vs. non-custodial solutionsVarious approaches to proof of reserves for exchangesHow Coinbase's views on on-chain accounting is bullish for the future of crypto accountingWhy education is needed for crypto accountants (and how Multisig Media is helping)Internal controls and best practices in crypto accountingChallenges with spot pricing and updating crypto on balance sheetsWhere to find the host and guest:Follow Trevor Ward on LinkedIn and check out his company Multisig.Follow Gil Hildebrand on LinkedIn and Twitter
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The information provided on this podcast does not, and is not intended to, constitute legal, financial, or tax advice; all information, content, and materials made available by this podcast are for general informational purposes only.