TXCPA Response to AICPA Exposure Draft on Token Operations Controls
The Texas Society of CPAs’ Professional Standards Committee (PSC) recently submitted comments on the AICPA’s Exposure Draft – Proposed Criteria for Controls Supporting Token Operations: Specific to Asset-Backed Fiat-Pegged Tokens.
The Texas Society of CPAs’ Professional Standards Committee (PSC) recently submitted comments on the AICPA’s Exposure Draft – Proposed Criteria for Controls Supporting Token Operations: Specific to Asset-Backed Fiat-Pegged Tokens. In the response, the PSC shares its perspective on the proposed framework for evaluating token operations controls, highlights the value of the included glossary and offers recommendations for alignment with existing audit procedures.
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