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Tim Laehy - Professionalizing Finance Departments

The Business Brew

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Is Your Income Statement Volatil?

coin base had hundreds of millions of transactions that had a gain or a loss on that digulasset sale. Even though none of the big four would audit us, they all did something for us as far as building the control environment of coin base. But again, they couldn't ed us. Not now i believe the big for has figured it out, but the main reason was they didn't know how to track the gain or salontes ones thes assets. And so when you look at the conbas income statement, thereis actually a line, might be other, but it's its revenue, or it's a gain or loss on on those transactions.

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