[Forvis Mazars] Custody & Controls for Safeguarding Crypto Assets

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The onboarding and management of crypto assets can require robust security measures. Experienced guidance is essential to thoroughly gauge and enhance your controls, policies, and processes.

Why Custody & Controls Matter

Custody and controls can help you:

  • Standardize your risk management processes
  • Make decisions regarding the processes, policies, technology, and controls to create a more secure business environment
  • Protect against fraud and asset misappropriation
  • Build confidence and trust among board members, business partners, customers, and other internal and external stakeholders
  • Reduce security risks by having preventive controls implemented within your environment

About Forvis Mazars

Forvis Mazars is one of the largest U.S. public accounting firms. With 40,000 professionals in 100+ countries, we have the global reach to see the big picture and the local insight to understand your needs. When you choose Forvis Mazars, you work with experienced professionals with deep industry knowledge who focus on listening, understanding, collaborating, and being responsive. Forvis Mazars provides audit, assurance, tax, advisory, and consulting services globally with a dedication to delivering an Unmatched Client Experience® to help you prepare for what’s next.

How Forvis Mazars Can Help

We will help determine the scope of your crypto asset control activities relevant to your needs, elevate your control environment to identify process and control gaps through a risk-based prioritized approach, and provide remediation guidance to satisfy the identified gaps. Our methodology provides insights at a competitive cost and minimal disruption. Our skilled team members will help your organization navigate the complexities of maintaining a digital assets program and will provide guidance in five key areas:

Strategic Objectives & Governance

• Risk Appetite & Risk Identification

• Operational Environment

  • IT Applications
  • Secure Acquisition Methods
  • Security Infrastructure, Custody, & Storage
  • Transfer & Disposal

• Monitoring & Reporting

  • Data Management & Reconciliation
  • Financial Reporting Controls

• Audit & Compliance Readiness

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