The Network Firm

🌐 Navigating the complex world of crypto taxes? You’re not alone! With crypto’s rapid evolution, tax compliance is more crucial—and complex—than ever. 💼🔍 At The Network Firm, we’re thrilled to introduce our latest blog, "Crypto Tax Alpha: A Pragmatic Approach to Smart Compliance." It’s not just about staying compliant; it’s about staying ahead. Discover practical insights for: ✅ Navigating complex tax regulations ✅ Minimizing risk with a proactive approach ✅ Unlocking alpha in compliance for a stronger crypto portfolio This isn’t your average tax guide. Dive in and transform how you approach crypto tax. Read now and empower your compliance strategy: https://lnkd.in/dzfXuibJ #CryptoTax #Compliance #Blockchain #DigitalAssets #TheNetworkFirm #Bitcoin #Ether

The current method of crypto audits has evolved —and it’s nothing like what traditional finance expected. Crypto auditing requires more than conventional methods. + Proof of ownership, + Multi-signature verification, and + Proof of reserves (plus Nested PoR) THese are becoming essentials as the space continues to mature. Our recent talk with Jeremy Nau, CPA from The Network Firm reveals exactly why. Here’s what’s changing: > Legacy methods like “send-to-self” are being replaced. Message signing is now the scalable solution for proving ownership. > Multi-sig wallets—used to secure high-value assets—are complex to audit, yet essential. And auditors are adapting fast. > Proof of reserves? It’s no longer just an option; it’s a necessity for exchanges to prove they hold customer assets securely. If your work touches on Web3 finance, this talk is for you. We’ve highlighted Jeremy’s insights into the evolving methods for crypto audits. 👉 Read the full summary article to learn more.

🏆 Huge win for The Network Firm: we were invited to chat with Chainlink Labs in a webinar attended by 60+ people! "The audience of 60+ was awesome. We were asked some of the best questions I’ve seen on a podcast or webinar, and overall the audience was highly engaged. This affirms that the experience we’re sharing is information people are very interested in.” — Noah D. Buxton, co-founder and CEO of The Network Firm. Noah D. Buxton and Clayton Lowery shared their experience working at the intersection of tokenization and accounting/transparency. Thanks to our CEO and co-founder, Noah D. Buxton, for his insightful reflections on the session: Firstly: 💻 The mini product demo of our very own LedgerLens On-Chain Proof of Reserves Toolkit by Clayton Lowery was a reminder that if you’re building tools like we are, you have to show them to people. So: 💡 IT’S A REALITY NOW: LedgerLens On-Chain Proof of Reserve Toolkit enables #stablecoin and #RWA issuers to self-onboard their token contracts (multi-chain support) and their asset sources (multi-custodian, API, or old-world statements), and launch a highly available PoR API for integration with the Chainlink Network - within minutes. Secondly: 📈 The progress of tokenization is inevitable. Yes, challenges to full realization exist. However, the combination of existing tech, brilliant founders, and traditional finance minds entering the space means that tokenization of everything WILL happen. Finally, a problem: 📚 More accounting professionals are needed in the space. Auditors and accountants globally have a critical role as trusted participants in bringing off-chain data to the on-chain economy. The Network Firm’s solution: 🌎 We’ve built LedgerLens for CPAs and Chartered Accountants globally. Why? The largest shift in finance and accounting since the advent of the internet requires qualified service providers. The pie is large enough to share. All CPAs and Chartered Accountants CAN and NEED to get involved. 🤝 LedgerLens is a firm-agnostic “Digital Asset Practice” in a Box. It’s ready for practitioners to use as they evolve their practices into a tokenized future. 👀 Soon, we will release a post about attracting the next generation of CPAs into the accounting arena — watch this space! Check out LedgerLens here: www.ledgerlens.io #chainlink #chainlinklabs #cryptoaudit #cryptoaccounting #digitalassets

📣Don’t miss out on Jeremy Nau, CPA Nau’s expert insights for Cryptoworth TODAY! 💡: Catch his LinkedIn Live here: https://bit.ly/48hTdcM ⏰: The session will take place at 12pm EST, 9am PST & 4pm UTC Understand more about: 👉How auditors verify ownership of digital assets 👉The challenges of proving ownership of multi-signature wallets 👉Future trends in Proof of Reserves for stablecoins and exchanges Don’t miss out! #cryptoaccounting #proofofreserves #digitalassets #cryptoaudit #cryptoaccounting #CPA #digitalassets #publicaccounting #accounting #audit

🔥🚀 What a year for our recently promoted Director, Wesley Barton! These pictures are a testament to Wesley Barton’s passion, energy, and enthusiasm. Wesley Barton has been busy building relationships and attending conferences, most recently at Mainnet NYC 2024, hosted by Messari in NYC. Wesley Barton has significantly contributed to the growth and success that The Network Firm has experienced over the past year! 📷 Highlights: 📍🤝 CFO's Breakfast at The Landing in New York, thanks to Acctual, Cryptoworth, and Rain: connecting with crypto-audit OG David Byrd of EY and Atikh Bana of Acctual. 📍🤝 Monad Labs Madness: networking with Daniel O. Adebimpe of EY and Kiernan Fitzsimons of Monad Labs. 📍🤝 Crypto Finance Forum NYC: connecting with Daniel Vermillion of Cryptio. Thank you, Wesley Barton, for your hard work and your contributions to the ongoing success of The Network Firm! #digitalassetpractice #digitalassetfirm #cryptoculture #blockchainculture #mainnet #bitcoin #ether #publicaccounting #accounting

We're #hiring a new Senior Accountant in United States. Apply today or share this post with your network.

💡 Did you know? EY has pledged $1 billion to attract the next generation of CPAs! 📝 Read the Bloomberg article here: bit.ly/3zQ5Tei “Thankfully, the statement ‘no one wants to be a CPA anymore’ isn’t true,” - Noah D. Buxton, co-founder of The Network Firm. “It’s time to put accounting graduates on par with other business-degree holders,” stated Dante D’Egideo, EY Americas Vice Chair for Assurance. EY will invest $1 billion into: 👉 Increasing wages for entry-level accountants 👉 Expanding the firm’s use of AI as part of its efforts to boost interest in CPA careers. However, in a recent post, our co-founder Noah D. Buxton questioned whether money alone can solve the problem of attracting young accounting grads: bit.ly/489ynfE Noah D. Buxton explained that there are systemic issues in the accounting and audit industry that higher starting salaries and AI intrigue can’t fix. These include: 💡 Work environment and culture 💡 Connection to a mission and higher purpose 💡 Lack of entrepreneurial opportunities 💡 Broken ownership models 💡 Consolidation of the Big 4 and the natural bureaucracy of large organizations 💡 Private equity’s ability to grow “value” but also eviscerate the soul of an organization At The Network Firm, we’re proud to be building the firm of the future by addressing the legacy problems mentioned above. What are we doing to attract the next generation of CPAs? ✅ We offer a modern ownership structure, where everyone is a stakeholder and shares in our collective success. ✅ We are building the tools, processes, and knowledge base that will enable the CPA profession to survive and thrive in the transition to a tokenized world. This IP is owned by our people! ✅ We’re building a work culture that fosters individual growth and collective success, invites innovation and disruption of the norms while providing stability, creates visibility and participation in our business strategy. 🌱 We aim to unlock the potential of our people by giving them the entrepreneurial freedom to grow, shape, and improve the firm. Visit our site today: https://lnkd.in/dDQmHD_h #innovation #audit #CPA #accounting #big4 #digitalassets #crypto

We're #hiring a new Senior Accountant in United States. Apply today or share this post with your network.

We're #hiring a new Accounting Manager in United States. Apply today or share this post with your network.

📣 Chainlink Webinar Alert: Solving the Data Problem for Tokenized RWAs Calling all leaders in finance, accounting, and digital assets: This session will provide key insights on the progress of tokenization, existing challenges, and available solutions. 💡 Two of our co-founders, Noah D. Buxton and Clayton Lowery, will be interviewed by Michael Imperiale, Solutions Architect for Chainlink Labs. The tokenization of real-world assets (RWAs) is poised to reshape traditional financial markets. However, the benefits of enhanced transparency, security, and utility offered by tokenized RWAs can only be realized if existing Data Problems are met with robust solutions. The data required to facilitate the transactions of tokenized assets, such as: 👉 Net Asset Value (NAV) 👉 Proof of reserves 👉 Pricing & Valuation 👉 Identity data 👉And more Must be reliably available on-chain in a trusted and transparent way. This is where The Network Firm comes in: “… auditors play a crucial role in ensuring this data is consistently trusted and verified.” - Chainlink So, how do data-driven innovations, coupled with strong auditing frameworks, set new standards for the secure and efficient management of RWAs in order to pave the way for broader adoption and integration into global financial systems? Noah D. Buxton and Clayton Lowery will be sharing their insights and providing information on: 👉 The essential data that must be brought on-chain to unlock the full potential of tokenized assets 👉 Practical strategies to overcome data integration challenges 👉 A technical demo for issuers to self-onboard their data sources and create a unified API endpoint for #Chainlink’s on-chain data feeds… in 10 minutes or less. Sign up now: https://lnkd.in/dRFePQZP #Chainlink #Tokenization #RWA