The ASEC has released the first formal framework for stablecoin reporting, aimed at improving consistency and transparency across the digital asset landscape. This guidance outlines key disclosures for asset-backed fiat-pegged tokens, helping streamline reporting and reduce uncertainty for accounting professionals. As regulatory scrutiny increases, CPA firms must stay current on evolving stablecoin disclosure requirements. Early adoption of these standards can support complia

Leon Hsia’s accounting career began with a desire to become a smarter investor and grew into a leadership role in audit. From studying accounting at UC Santa Barbara to starting his career in tax and transitioning into audit, Leon’s journey is rooted in analysis, discipline, and long-term thinking. Now a Supervising Senior at BryMar, he brings thoughtful leadership, technical expertise, and balance to his work. Learn more about what drives Leon—both inside and outside the num

Breaking down the AICPA FSBA Guide, this article explains how the Facilitated State Board Access system helps CPA firms share peer review results with state boards more efficiently. It outlines what FSBA is, which states require participation, what information is shared, and when firms must expand access across state lines. CPA firms operating in multiple jurisdictions will gain clarity on compliance requirements while reducing administrative burden.