READINESS
SERVICES

Preparing to comply with compliance requirements can be a pain.
It doesn’t have to be.

We deliver enduring value by turning compliance and audit challenges into manageable projects and strategic advantages.

  • We manage compliance and audit readiness challenges.

  • Leverage our decades of collective experience for a smart, tailored, and pragmatic approach. 

  • We provide a clear path so you can achieve your business goals.

 Get Ready

Whether you are preparing for a financial statement audit, assessing a SOC 1 or SOC 2 audit, or looking for other specific compliance requirements, our team can provide the expertise, strategies, and staffing to ensure your success.

  • SOC 1 Audit Readiness

  • SOC 2 Audit Readiness

  • International Licensing Readiness

  • CFO Advisory & Special Projects Readiness

  • Financial Statement Audit Readiness

  • Cryptocurrency Security Standard (CCSS)
    Audit Readiness

  • U.S. Money Transmission License (MTL) Compliance Readiness

  • Staff Augmentation Support

 How we Serve

Financial Statement Audit Readiness: We provide the roadmap, lead necessary cleanup and policy implementation, and can even help facilitate the audit process by producing records and evidence in response to your auditor’s requests.

U.S. Money Transmission License (MTL) Readiness: With 50 U.S. States, there are almost 50 different requirements for successful license application and maintenance. Let us provide you with the roadmap and support to get licensed in your chosen markets.

International Money Service Business License Readiness: Whether you are starting abroad, or planning to expand, we can make global licensing requirements clear, help you plan strategically for license applications, and support the implementation of licensing requirements. 

SOC 1 Audit Readiness: Our team was involved in the first SOC 1 Audit report covering a blockchain and crypto platform. Our experts in internal controls will assess current gaps, develop control objectives and controls specific to your operations, assist in the implementation, and ensure you are audit ready. 

SOC 2 Audit Readiness: Our team was involved in one of the first SOC 2 Audit reports covering a blockchain and crypto platform. Our experts in internal controls will assess current gaps, develop control objectives and controls specific to your operations, assist in the implementation, and ensure you are audit ready.

CFO Advisory: When business-critical financial decisions and planning are at play, lean on an expert crypto CFO to provide planning, analysis and project support. 

Staff Augmentation:  Big projects ahead? Let us back you up by integrating team members who can work with existing staff to power your team across the finish line.  

CCSS Audit Readiness: Emerging crypto and private key security frameworks, such as the Cryptocurrency Security Standard (CCSS) are an important addition to your operations. And, they can create market advantages. Let us advise on your implementation and support you you through the CCSS audit process.  

Articles

Featured
Building Trust as a Crypto Company: A Guide to Third Party Assurance Reports
Building Trust as a Crypto Company: A Guide to Third Party Assurance Reports

In a rapidly evolving industry, crypto companies face unique challenges in building trust. Establishing credibility isn’t just about technology; it requires transparency, compliance, and robust third-party assurance mechanisms. From SOC reports and financial audits to Proof of Reserves (PoR) and the Cryptocurrency Security Standard (CCSS), each report offers a unique pathway to proving reliability and security. By adopting these assurance tools, crypto firms can differentiate themselves, gaining confidence from regulators, business partners, and retail clients alike. Discover the key third-party reports that crypto companies are using to establish trust and secure their place in a competitive market.

Crypto Tax Alpha - Pragmatic Approach to Smart Compliance
Crypto Tax Alpha - Pragmatic Approach to Smart Compliance

Navigating crypto tax compliance doesn’t have to be daunting. This comprehensive guide explores key strategies for cryptocurrency investors and traders to optimize their tax positions while staying compliant with IRS regulations. Learn about taxable events, basis calculation, record-keeping best practices, and tax-loss harvesting. Discover how to handle complex transactions like staking, SAFT agreements, and derivatives. Get expert insights on making timely estimated tax payments and when to engage a crypto tax professional. Stay ahead of evolving crypto tax rules and ensure smart compliance with The Network Firm’s expert guidance.

Choosing the Right Crypto Audit Firm
Choosing the Right Crypto Audit Firm

Crypto-Native Audit Firms are few and far between. Learn how to find experienced and reliable crypto auditors to help your company complete your financial statement audit.

Trust Fuels Adoption
Trust Fuels Adoption
Under-reserved exchanges: What’s being done about it?
Under-reserved exchanges: What’s being done about it?

The crypto collapses of 2022 made clear that financial statement audits alone provide neither sufficient transparency for regulators nor sufficient protection for customers. So, what is being done about it?