Crypto Accounting & CFO Services

Escalon provides comprehensive accounting, bookkeeping, and CFO services specialized for Web3, blockchain, and digital asset companies. The team brings firsthand experience building and scaling Web3 companies across Layer 1 and Layer 2 protocols, DeFi platforms, NFT projects, and DAOs.

Blockchain & Digital Asset Accounting

Blockchain Reconciliation: Automated reconciliation across wallets, blockchains, and tokens with integration to on-chain data for complete transaction visibility. Handles complex on-chain activities including wallet transactions, bridge transfers, liquidity pools, staking rewards, NFT drops, and DAO payments.

Digital Asset Valuation: Fair-value reporting frameworks that capture 24/7 market volatility and provide accurate financial statements for cryptocurrency holdings.

Token Classification & Accounting: Expert guidance on classifying tokens as utility, governance, security, or inventory, with proper accounting treatment for each classification. Includes specialized revenue recognition for protocol fees, staking rewards, NFT royalties, play-to-earn mechanics, and metaverse economies.

Crypto Subledger Management: Specialized crypto subledger setup, blockchain transaction reconciliation across wallets and chains, and expertise in token classification for accounting purposes.

Core Accounting Services

Bookkeeping: Accurate recording of all financial transactions including accounts payable, accounts receivable, bank reconciliations, and general ledger maintenance for complete financial visibility.

Financial Reporting: Clear, actionable insights with monthly, quarterly, and annual financial statements prepared according to US GAAP standards.

GAAP Reporting: Conversion from cash to accrual basis accounting, deferred revenue waterfall creation, lease accounting, standard cost setup, and multi-entity financial consolidation.

Audit-Ready Processes: Audit-enabled technology with powerful workflows that collect and leverage real-time data. Documentation and controls that satisfy auditor requirements and prepare audit-ready financial statements for digital asset transactions.

CFO & Strategic Services

Financial Forecasting & Planning: Strategic financial planning that provides visibility into future business performance and helps leadership make informed decisions about resource allocation, investments, and growth initiatives tailored to Web3 business models.

Management Reporting: Real-time insights into key performance indicators, profitability metrics, and operational efficiency with custom reporting dashboards.

Board Presentations: Professional financial presentations backed by detailed projections and analysis for effective communication with boards and investors.

Strategic Analysis: In-depth financial analysis identifying growth opportunities, potential risks, and areas for operational improvement. Includes scenario planning and sensitivity analysis.

Budgeting & Financial Analysis: Accurate expense forecasting, variance analysis, and data-driven predictive insights for resource optimization.

Tax & Compliance

Crypto Tax Filing: Federal and state income tax preparation and filing (Form 1120, 1120S, 1065, 990) with specialized expertise in cryptocurrency taxation, token classification, and digital asset valuation for tax purposes.

Multi-Jurisdiction Compliance: Navigation of global compliance requirements, AML regulations, VAT rules, and varying tax treatments across jurisdictions for decentralized organizations.

Regulatory Compliance: Monitoring and implementation of regulatory requirements across federal, state, and local jurisdictions, including SOC 2 and industry-specific requirements.

Audit Support: Preparation for and support during financial audits, including documentation preparation and auditor liaison.

Escalon's services bridge the gap between on-chain activity and off-chain accounting clarity, providing Web3 companies with the financial infrastructure and strategic guidance needed to scale.