Crypto Meets Accounting
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About our Movement
The Accountant Quits is a movement to inspire and educate accountants on the impact of blockchain in accounting.
We’re at the cusp of a digital transformation that will slowly but surely make accountants redundant.
Rather than witnessing passively on the sidelines, The Accountant Quits helps you take an active role by upskilling yourself to become a crypto accountant.
Why Become a Crypto Accountant
Get crypto ready
Embrace the digital revolution and shape the future of the accounting profession
Unique skillset
Specialize and bulletproof your career as the future of decentralized finance unfolds
Career evolution
Seize the opportunity to evolve and get hired for in-demand roles such as a web3 CFO and/or crypto accountant
Lucrative career
Negotiate higher salaries alongside your specialized skills to deal with the complex nature of crypto
Most Recent Podcasts
Tune into 75+ episodes where we discuss with thought leaders and pioneers building new tools for crypto accounting and discussing accounting for digital assets!
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Articles
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Guides
8 min
Best Practices for Accounting Firms to Onboard Crypto Clients
Proven Guide to Onboarding Crypto Clients: From Sales Call and Due Diligence to Subledger Implementation
Mackenzie Patel
Oct 30, 2024
Guides
6 min
Accounting of Native Tokens under IFRS in Issuers’ Books
A Friendly Guide to Understanding How Native Tokens Are Accounted for in the Issuer’s Financials
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Umar Mallam Hassam
Oct 24, 2024
DeFi
6 min
CFO Guide for DeFi Insurance
How can CFOs and accountants mitigate onchain risks by understanding common hacks and leveraging DeFi cover
Jeremiah Smith, PhD
Oct 18, 2024
FAQs
What is The Accountant Quits?
The Accountant Quits is a movement to help accountants learn crypto accounting so they can be hired at companies using digital assets.
Blockchain is an emerging technology, and is here to stay - bulletproof your career so you don’t become a redundant accountant.
I’m an Accountant, but do I have to quit to learn crypto accounting?
Not at all, The Accountant Quits is not about telling accountants to quit their job.
It’s to awaken, inspire, and prepare accountants on the impact of blockchain in accounting.
The name 'The Accountant Quits' is the true story of its founder Umar, who quit his accounting job and fell into the crypto rabbit hole.
What is crypto accounting and how does it differ from traditional accounting?
With traditional accounting, an accountant uses the bank statement to book bank entries.
Cryptocurrencies do not involve intermediaries like banks, and therefore accountants have to retrieve transactions, from so-called ‘block explorers’.
Crypto accounting involves understanding how to capture all transactions from the block explorers.
Why should I learn crypto accounting if my company does not use crypto?
It’s no longer a matter of if but when we will achieve mainstream adoption.
Even if your company does not transact in crypto, you can prepare for the next wave of crypto adoption or diversify your skills for new career prospects.