CRYPTO
ACCOUNTING
SERVICES

Your Crypto Accounting Headache: Solved

We build a dedicated team around each client to ensure the quality, consistency, and continuity you deserve. 

Expert crypto accounting, bookkeeping and CFO services specialized for the needs of crypto companies.

  • Let TNF’s dedicated team be your accounting department, so you can focus on growing your business, all with the peace of mind that the complexities of crypto accounting are well sorted.

  • Get investor-ready with timely financial statements and benefit from the monthly financial reporting insights typically missed by startups who treat accounting as an afterthought.

  • With TNF, you can tap into CFO resources with collective decades of experience in serving crypto clients; from miners to tokenizers, token projects to consumer trading platforms; we have seen it all. 

With TNF, accounting is a competitive advantage.
A parka for the chilly bear market times, and a saddle to ride the bull.

Digital assets offer immense business opportunities, but also novel, complex, and sometimes opaque accounting & financial reporting challenges. 

  • Businesses transacting crypto face multiple accounting challenges, from recording voluminous transactions, cost basis tracking, valuation, volatility risks, and many more. 

  • TNF has real world experience building accounting and finance operations for every type of crypto business in the market today; where you have questions, we have clear answers.

  • The result: you can focus on your business and leave the accounting headaches to us. We feed you insightful financial data to inform business decisions, keep up with investor reporting, and make tax season a breeze.

 How we Serve

A Dedicated Manager for you and your team, who is a subject matter expert in crypto and digital assets. The result: A partner and manager that truly feel like a natural extension of your team.

A Great Team that has “seen it all” and tailors the accounting treatments, process and tools to meet the current and future needs of your operations. The Result: A team approach to your service experience that provides a depth of bench and a deep knowledge of your business.

Regular Accounting Department Meetings with your service team typically weekly, including a month-end reporting presentation). The result: You get to know your team. You can learn from us, and we can learn how to best serve your unique needs.

Dedicated Chat Channel – We can use email, but there are better ways you can be in touch with your team for frequent updates and questions. The result: communicate with us quickly, and openly, just like you would with any other team member in your business, over Slack or Telegram.

On Call for You – Successful business leaders are in near constant contact with the accounting and finance team, so we expect and welcome frequent interaction to meet your daily accounting and finance needs. The result: Our team genuinely loves helping, so our door remains open to you..

Elevate Your Accounting and financial reporting as we will analyze and apply Generally Accepted Accounting Principles (GAAP) early in your business operations. The result: we ensure your management can get audit ready, provide confident investor reporting, and meet due diligence requests with ease.

The Tools You Need – In many cases, specialized crypto accounting subledgers are required to properly account for your business’ crypto activity. If needed, we select the best available tools for your business, provide expert implementation support and ongoing maintenance. The result: You get the tools you actually need, not a tool forced on you.

Compliance – depending on your operations, there are myriad state, local, and federal filings required. From K-1s for partners, to 1099s for contractors, we take over your compliance activities. The result: more peace of mind that your accounting team has you covered. 

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.

Learn more about Outsourced Accounting Services

The Network Firm is an experienced and trusted team of crypto tax accountants that provides crypto tax services for your company’s needs. Use the link below to book an introductory meeting with one of our experts.