Understanding cryptocurrency: A guide for accountants
The growing popularity of digital money means that if cryptocurrency isn’t part of CPA clients’ plans today, it very well may be in the future.
Tax and accounting professionals will need to know what cryptocurrency is and how it works if they’re going to help their clients manage their virtual money. If CPAs don’t gain this knowledge, they will miss an opportunity to grow their business and meet client needs.
This summary demystifies cryptocurrency so you can help clients take advantage of this trend and add another capability for your firm.