According to ChainCatcher, the Big Four accounting firm KPMG has established a strategic alliance with crypto accounting software Cryptio to help US crypto companies comply with Generally Accepted Accounting Principles (GAAP) compliance.
According to the announcement, the KPMG-Cryptio strategic alliance aims to establish controls within cryptocurrency companies to better account for their crypto assets.
Through this partnership, crypto-related businesses and institutions can use Cryptio’s accounting software to fulfill their GAAP accounting and reporting obligations in the United States.
