3. Accounting for Crypto Assets with Taylor Zork
How do you account for crypto assets in such a fast-moving industry? Taylor Zork joins Gil on the Decentralized Ops podcast to discuss best practices and biggest challenges when it comes to tracking blockchain transactions.
Taylor Zork is the co-founder of CryptoCFOs and author of Accounting for Crypto Assets.
In this episode, Taylor shares his experience transitioning from accounting for cannabis to the world of crypto accounting and how CFOs should approach tracking crypto financials.
In this episode, Taylor shares his experience transitioning from accounting for cannabis to the world of crypto accounting and how CFOs should approach tracking crypto financials.
Key takeaways:
- Focusing on accounting theory
- Collaborating with other crypto CPAs to discuss treatment of crypto assets
- Challenges with accounting and revenue recognition for blockchain transactions
- The importance of wallet hygiene
- Being proactive instead of reactive
- Writing a book on accounting for crypto assets
- Launching a community for crypto CFOs
Where to find the host and guest:
- Follow Taylor Zork on LinkedIn and check out CryptoCFOs.com
- Follow Gil Hildebrand on LinkedIn and Twitter
Where to learn more about DeOps and Gilded:
- Subscribe to the DeOps Newsletter
- Check out the Gilded Website and Blog
- Follow Gilded on Twitter and LinkedIn
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.
