Deloitte Joins Australian Cryptocurrency Group
According to iTnews, leading accounting firm Deloitte has joined the Australian Digital Currency Commerce Association (ADCCA) to create accounting standards for cryptocurrency-based businesses. Australian Digital Currency Commerce Association is the country's leading council, representing the cryptocurrency businesses. Deloitte director Taralyn Elliott and partner Jonathan Perkinson are leading the initiative. Speaking to iTnews, Perkinson said, "Deloitte has had an interest in digital currencies for quite some time, so this was a great opportunity to get involved. Digital currencies have....
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Professional services company Deloitte has partnered with an Australian digital currency trade group to develop new accounting guidelines for businesses that handle bitcoin. According to a report by Australian business news service iTnews, Deloitte will cooperate with the Australian Digital Currency Commerce Association (ADCCA) as part of a working group focused on accounting and self-regulation standards. Deloitte Australia partner Jonathan Perkinson told iTnews that "digital currencies have a lot of momentum" and that more work is needed to clarify key tax and regulatory issues. "With....
Deloitte has announced its partnership with the Australian Digital Currency Commerce Association (ADCCA) to “work on the strategic, tax and regulatory changes that will need to happen” in Australia. The world’s fourth-largest accountancy firm will form a working group with ADCCA members, tasked, iTnews reports via Silicon Angle. The focus of the group is due to comprise “creating accounting practices” for businesses dealing with Bitcoin and other cryptocurrencies. Speaking about the news, Deloitte Australia partner Jonathan Perkinson underlined the firm’s long standing interest in the....
Professional services firm Deloitte has revealed it is seeking to use blockchain technology to automate client auditing and crowdsource its consulting efforts, among other applications. With the announcement, Deloitte - one of the world's 'Big Four' audit firms - becomes the latest mainstream financial entity to voice its interest in the technology, following announcements by banking giants such as Citi, UBS and USAA. In an interview with CoinDesk, Deloitte Consulting principal Eric Piscini explained his company has been conducting research into the potential business opportunities around....
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