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The Four Largest Global Accounting Firms Ask for Crypto Investment Disclosure from Employees
Summary: The four largest global accounting firms have asked their employees, partners, and executives to disclose all cryptocurrency investments made in 2021. Deloitte, EY, KPMG, and PwC has emphasized that this disclosure should also include crypto investments made by their family and household members. The firms have defined crypto investments as any investment made in crypto ...
The four largest global accounting firms have asked their employees, partners, and executives to disclose all cryptocurrency investments made in 2021. Deloitte, EY, KPMG, and PwC has emphasized that this disclosure should also include crypto investments made by their family and household members.
The firms have defined crypto investments as any investment made in crypto assets, NFT, and DeFi protocols. This disclosure will now be a part of the firm’s annual risk-assessment process. Deloitte and PwC have further defined the size of the investments, as employees and partners are being told to disclose crypto investments as small as 1 cent (10 INR).
All four of these firms are actively working on many blockchain projects. So, a lot of their tech employees and partners have invested in crypto to understand the technology better.
By Amy Liu
Tags: Accounting Firms,Crypto,Investment
Link: The Four Largest Global Accounting Firms Ask for Crypto Investment Disclosure from Employees [Copy]