FINANCIAL STATEMENT AUDIT
SERVICES

Ease the burden of completing your audit by
working with a crypto-native team of CPAs
who understand your business.

With unparalleled industry knowledge and purpose-built technology, we streamline the audit process, end-to-end.

  • Our team of CPA’s has 7+ years of digital asset industry knowledge. Stablecoins, exchanges, miners, and more, we have seen it all.

  • By leveraging proprietary tech, we verify balances, prove ownership of addresses, and inspect blockchain data in a fraction of the time of our competitors.

  • Our team has the technical expertise to handle complex crypto balance sheets and multiple reporting frameworks (IFRS & GAPP) to serve even the most complex audit engagements.

 The Value of Financial Statement Audit

Audited financial statements can provide internal value to your organization through process maturity and external value for regulatory compliance and counterparty relationships.

  • Fulfill Regulatory Requirements

  • Complete & Maintain your
    MTL Licenses

  • Support Fundraising & Due Diligence

  • Fulfill Onboarding & KYB Requirements

  • Provide Investors with Financial Reporting

  • Increase Trust with Financial Counterparties

  • Provide your Board with Financial Transparency

  • Increase Accounting Process Maturity and Internal Control

 How We Serve

  • Industry Specialization: Our team has been auditing digital asset companies since 2016. This experience enables us to focus on completing the audit, rather than learning crypto-concepts on your dime.

  • Purpose-Built Crypto-Audit Tooling: Through our years of experience, the need for crypto-specific tooling became obvious. We utilize the market’s leading suite of digital asset audit tools, LedgerLens, covering 12+ blockchains and thousands of tokens.

  • High Partner Involvement: Our partner-to-staff ratio is higher than other firms. This means you experience a high level of audit partner involvement in planning, audit execution, and final review ensuring no last-minute review surprises.

  • Global Regulatory Experience: From national to state regulatory requirements, we have seen it all. We serve clients and have interacted with regulators from the US, Bermuda, Dubai, Jersey, Singapore, and more.

  • Open & Timely Communications: We use various channels to keep the dialogue open and response times short. In addition, our use of cloud-based audit request tools provides complete visibility to our request list, all documents provided to date, and your progress to completion.

  • Consistent Team: The same people you interact with during the onboarding process, are the same team you work with during the audit. No personnel “switcheroos.”

Learn More, Meet the Team, and Receive a Quote

Use the link below to book an introductory meeting with a TNF audit partner today. 

Articles

Featured
Proof of Reserves Prep - 5 Easy Steps for Cross Functional Teams to Achieve PoR Reporting
Proof of Reserves Prep - 5 Easy Steps for Cross Functional Teams to Achieve PoR Reporting

This blog post outlines a comprehensive five-step process for preparing crypto Proof of Reserves (PoR) reporting, aimed at enhancing transparency and trust in the digital asset industry. The steps include general scoping, creating a customer liability extract, constructing a Merkle Tree, proving asset balances, and reporting and disclosure, providing a streamlined guide for cross-functional teams to efficiently and accurately complete PoR reporting. The post emphasizes the importance of regulatory compliance, data validation, and clear communication with stakeholders throughout the process.

Part 2: Does Your Block Need a SOC? - A Handy Guide to Understanding SOC 1 and SOC 2 Audits for Crypto Companies
Part 2: Does Your Block Need a SOC? - A Handy Guide to Understanding SOC 1 and SOC 2 Audits for Crypto Companies

This blog post explores the importance of SOC reporting and third-party assurance in the blockchain and cryptocurrency ecosystem. It discusses various use cases where SOC reports are essential, including crypto funds, asset-backed tokens, crypto accounting solutions, private blockchain platforms, node hosting and staking providers, and custodial wallet providers and exchanges. The author emphasizes that despite the trustless nature of blockchain technology, trusted advisors and intermediaries still play a crucial role in reinforcing user confidence and meeting regulatory requirements in the crypto industry.

Building a Financial Foundation for Crypto Startups: Key Takeaways from TNF Takes 
Building a Financial Foundation for Crypto Startups: Key Takeaways from TNF Takes 

Discover essential accounting and tax strategies for crypto startups from industry experts at a leading crypto accounting firm. Learn how to manage bookkeeping, reporting, compliance, and crypto-specific tax obligations to build a strong financial foundation and scale your blockchain business effectively.

Navigating the financial complexities of a crypto startup requires expertise in blockchain accounting, regulatory compliance, and tax management. In this blog post, experts from a top crypto accounting firm share actionable insights to help technical founders and blockchain businesses thrive. From bookkeeping basics and wallet hygiene to the latest fair value accounting rules and 409A valuations, this guide provides practical tips for startups at every stage. Learn how to avoid common pitfalls, streamline financial reporting, and meet crypto-specific tax obligations with confidence. If you're building in the blockchain space, these strategies are your blueprint for financial success.

Proof of Reserves vs. Financial Statement Audits: What Crypto Companies Need to Know 
Proof of Reserves vs. Financial Statement Audits: What Crypto Companies Need to Know 

Discover the differences between Proof of Reserves (PoR) and Financial Statement Audits in the crypto industry. This in-depth guide explores how PoR offers real-time transparency using blockchain-based methods, while traditional audits provide comprehensive financial oversight. Learn the benefits, limitations, and how these approaches can complement each other to build trust in the cryptocurrency ecosystem. Perfect for crypto companies, investors, and regulators seeking clarity on financial transparency tools.

Part 1: Does Your Block Need a SOC? - A Handy Guide to Understanding SOC 1 and SOC 2 Audits for Crypto Companies
Part 1: Does Your Block Need a SOC? - A Handy Guide to Understanding SOC 1 and SOC 2 Audits for Crypto Companies

Explore the world of SOC reporting for blockchain and digital assets in this insightful series. Learn why your crypto business might need a SOC audit, understand the differences between SOC 1 and SOC 2 reports, and discover how to navigate the path from startup to SOC-compliant organization. Whether you're an early-stage company or an established player in the blockchain space, this guide provides valuable insights into third-party assurance and best practices for the crypto industry.