The Accounting Podcast

Creating Compliant Accounting Records From Complex Crypto Transactions (from the Crypto With Accountants podcast)


Listen Later

In this episode, Pat White and Rafael Casas interview Mackenzie Patel, CEO of Hash Basis, a crypto-native accounting firm based in San Francisco. Mackenzie shares her accounting background and how she got into crypto accounting. They also discuss the challenges of revenue accounting in crypto and the emerging trend of specialized crypto accounting.

Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE for listening to this episode.
Checkout the Bitwave channel on Earmark to get even more CPE

Chapters

  • (00:00) - Preview: What does Hash Basis do?
  • (00:50) - Introduction and welcome Mackenzie to the show
  • (02:04) - A little bit of Mackenzie's background
  • (04:24) - Did you instantly love accounting?
  • (10:39) - What did you do after college?
  • (11:47) - What does revenue accounting look like in crypto?
  • (13:58) - Are you seeing more accountants who specialize in crypto accounting?
  • (18:32) - How did you get into crypto specifically?
  • (20:40) - Can you walk us through some fundamentals of crypto accounting?
  • (28:31) - What is streaming payroll and payments?
  • (31:53) - What resources do you do to stay up to date on crypto and crypto accounting?
  • (34:51) - FASB guidance has come out
  • (35:31) - What do you think about wrapped tokens now being counted as impaired?
  • (42:08) - Tell us about your new company, Hash Basis
  • (44:14) - Mackenzie will be speaking at EDAS
  • (46:13) - Thanks for listening and please subscribe for new episodes


  • Connect with our guest, Mackenzie Patel
    linkedin.com/in/mackenziepatel/
    twitter.com/maccbasis

    Connect with Pat

    linkedin.com/in/patwhite
    twitter.com/patwhite

    Connect with Rafael
    linkedin.com/in/rafaelcasas
    twitter.com/RafaelCasasBW

    Follow the Crypto With Accountants Podcast
    facebook.com/CryptoAcctsPod
    twitter.com/CryptoAcctsPod
    linkedin.com/showcase/cryptoacctspod

    Leave a review on Apple Podcasts or Podchaser

    Subscribe to the Crypto With Accountants Podcast in your favorite podcast app!

    This podcast is a production of the Earmark Media

    ...more
    View all episodesView all episodes
    Download on the App Store

    The Accounting PodcastBy Blake Oliver & David Leary

    • 4.4
    • 4.4
    • 4.4
    • 4.4
    • 4.4

    4.4

    316 ratings


    More shows like The Accounting Podcast

    View all
    Accounting Best Practices with Steve Bragg by Steve Bragg

    Accounting Best Practices with Steve Bragg

    252 Listeners

    WSJ Your Money Briefing by The Wall Street Journal

    WSJ Your Money Briefing

    1,737 Listeners

    Journal of Accountancy Podcast by AICPA & CIMA

    Journal of Accountancy Podcast

    77 Listeners

    PwC's accounting podcast by PwC

    PwC's accounting podcast

    177 Listeners

    Accounting Today Podcast by Accounting Today

    Accounting Today Podcast

    73 Listeners

    Bold Names by The Wall Street Journal

    Bold Names

    1,453 Listeners

    Talking Tax by Bloomberg Tax

    Talking Tax

    109 Listeners

    Small Business Tax Savings Podcast by Mike Jesowshek, CPA

    Small Business Tax Savings Podcast

    249 Listeners

    Future Firm Accounting Podcast by Ryan Lazanis

    Future Firm Accounting Podcast

    29 Listeners

    The Unique CPA by Randy Crabtree, CPA

    The Unique CPA

    22 Listeners

    Earmark Podcast | Earn Free Accounting CPE by Blake Oliver, CPA

    Earmark Podcast | Earn Free Accounting CPE

    25 Listeners

    Oh My Fraud by Caleb Newquist

    Oh My Fraud

    123 Listeners

    Federal Tax Updates by Roger Harris, EA and Annie Schwab, CPA

    Federal Tax Updates

    29 Listeners

    Jason On Firms Podcast by Jason Staats

    Jason On Firms Podcast

    40 Listeners

    Unofficial QuickBooks Accountants Podcast by Alicia Katz Pollock, MAT

    Unofficial QuickBooks Accountants Podcast

    42 Listeners