Understanding Cryptocurrencies: Audit Considerations and Potential Regulations
Articles by: Richey May, Oct 18, 2017
With the tremendous growth of cryptocurrencies, many questions exist about the unique challenges these assets present to both fund managers and investors. How do investment funds in this asset class mitigate both the real and perceived risks to attract investors? What should managers understand and anticipate regarding audit procedures for digital assets? And what official guidance should be expected in the future regarding legal, international and securities regulations?
The audit and tax experts at Richey May & Co., LLP have developed the following white paper to provide an overview of digital currencies and answer some of the questions currently being asked by managers and investors:
For any questions regarding the information contained in this whitepaper, or regarding the public accounting services Richey May provides to the Alternative Investments industry, please contact Stephen Vlasak.