TechAccountingPro

TechAccountingPro is the specialized accounting partner for pre-IPO and public digital asset companies that need more than bookkeeping. We help teams make and defend high-stakes accounting decisions around tokens, blockchain transactions, and Web3 finance issues.

Strategic & Technical Accounting

1. Accounting Strategy:

• Impact of terms and provisions on revenue recognition under ASC 606
• Accounting implications of events/initiatives
• Solving first-of-kind accounting challenges
• Helping CPAs meet professional standards requirements for consultation obligations

2. Technical Accounting Advisory:

• Token lifecycle accounting covering pre-sales (TPA, SAFT, warrants), generation (TGE), public sale (ICO), reward distribution, grants, operating token liquidations, and compensation plans
• Mining, staking, and delegating income
• Equity, debt, and token financings
• Software development revenue/costs
• Fair value methodology review
• Consolidation of private foundations, community pools, DAOs, et al
• RWAs

Financial Reporting

• Financial and/or management statement preparation with footnote disclosures
• Workiva implementation to streamline financial reporting and KPI reconciliation

Accounting Change & Restoration

Remediation and recognition for historically unaccounted areas and matters requiring cleanup/reconstruction:

• Initial accounting for token/stock-based compensation and capitalized software development costs
• Accounting basis conversion (IFRS to GAAP, cash to accrual, tax to GAAP, ERP system conversions, functional currency change, and new accounting standards)
• External audit preparation (support schedules, documentation, issue remediation, and reporting readiness)

Stablecoin Payments, Treasury & Accounting Process

Processes, internal controls, and workflows supporting a more durable close and reporting environment for companies using stablecoins as a method of payment:

• Complexity assessment for fiat and stablecoin treasury design
• Process narratives, risk control matrices, segregation of duties matrix
• Multi-signature wallets and payment approval/authorization workflows
• Evaluation of custody and on/off-ramp solution providers
• Stablecoin payment reconciliation and reporting

Financial Due Diligence & Purchase Accounting

• Pre-Transaction: strategic planning, target evaluation, and financial diligence
• Post-Transaction: accounting and financial reporting process integration under all common methodologies
• Divestitures: deconsolidation, carve-out financials preparation, and accounting for discontinued operations