The Accountant Quits Podcast

Umar Mallam Hassam

Welcome to The Accountant Quits podcast, an idea born from an inquisitive attempt to find one’s calling. I’m Umar and I will be your host on this series where we look into the impact of blockchain in accounting. From topics around the accounting treatment of cryptocurrencies, the new framework of triple entry accounting, the challenges at hand for audit and tax, and many more, we will look into how the profession of accounting is evolving and how accountants should prepare themselves for the future of work. Website - www.theaccountantquits.com

  1. #95: Navigating Web3 Operations with Sarah Luehrs from Union Labs

    21 AUG

    #95: Navigating Web3 Operations with Sarah Luehrs from Union Labs

    Navigating Web3 operations isn’t always glamorous. While developers are busy building, someone needs to ensure the machines run smoothly behind the scenes. Sarah Luehrs is the COO at Union Labs, and she pulls back the curtain on what it takes to navigate web3 operations and scale a remote-first team. ✅ OUR RESOURCES 🌐 Join a global community of web3 accounting & finance professionals - ⁠⁠https://app.theaccountantquits.com/ ⁠⁠ 🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting ⁠⁠⁠⁠https://www.theaccountantquits.com/free-class⁠⁠⁠⁠  🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto ⁠⁠⁠⁠https://www.theaccountantquits.com/crypto-accounting-academy⁠⁠⁠⁠  ✊ Follow The Accountant Quits on Socials 👉 LinkedIN: ⁠⁠⁠⁠https://www.linkedin.com/school/the-accountant-quits⁠⁠⁠⁠  👉 Twitter(X): ⁠⁠⁠⁠https://x.com/accountantquits⁠⁠⁠⁠  👉 YouTube: ⁠⁠⁠⁠https://www.youtube.com/@theaccountantquits⁠⁠⁠⁠  🎙️ Follow Episode Guest Sarah Luehrs: https://www.linkedin.com/in/sarah-luehrs-2609b181/ 🎧 Website For show notes and past guests, please visit ⁠⁠⁠⁠https://www.theaccountantquits.com/podcast⁠⁠⁠⁠  Topics covered (0:00) Coming Up (2:36) How Sarah started in web3 (6:30) From Tokensoft to Union Labs (7:12) What is Union? (9:32) Challenges of web3 operations (12:35) Recurring tasks (15:11) Secrets to CEO/COO Harmony (17:47) Get 2 months for free with Request Finance (19:25) Challenges of treasury management (22:58) Web3 tools (payroll, subledger) (28:13) Working on a token launch (29:51) Token launch checklist (32:58) Challenges setting up a Foundation (36:43) Head of Foundation in Cayman Islands? (38:34) How to have a web3 career (41:02) Favourite learning resources (44:22) Sarah’s maxim (47:19) Reach out to Sarah on X

    48 min
  2. #94 - Stablecoin Issuance Regulation with Legal Nodes (GENIUS Act v/s MiCA)

    8 AUG

    #94 - Stablecoin Issuance Regulation with Legal Nodes (GENIUS Act v/s MiCA)

    Ep. 94 dives into the newly signed GENIUS Act and what it means for stablecoin issuers. I’m joined by Nestor Dubnevych (Legal Nodes) to unpack its impact on licensing, compliance, and cross-border operations.  We also cover global regulatory trends and what teams need to know when building crypto payment products. ✅ OUR RESOURCES 🌐 Join a global community of web3 accounting & finance professionals - ⁠https://app.theaccountantquits.com/ ⁠ 🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting ⁠⁠⁠https://www.theaccountantquits.com/free-class⁠⁠⁠  🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto ⁠⁠⁠https://www.theaccountantquits.com/crypto-accounting-academy⁠⁠⁠  ✊ Follow The Accountant Quits on Socials 👉 LinkedIN: ⁠⁠⁠https://www.linkedin.com/school/the-accountant-quits⁠⁠⁠  👉 Twitter(X): ⁠⁠⁠https://x.com/accountantquits⁠⁠⁠  👉 YouTube: ⁠⁠⁠https://www.youtube.com/@theaccountantquits⁠⁠⁠  🎙️ Follow Episode Guest Nestor Dubnevych: ⁠⁠https://www.linkedin.com/in/nestor-dubnevych/ 🎧 Website For show notes and past guests, please visit ⁠⁠⁠https://www.theaccountantquits.com/podcast⁠⁠⁠  Topics covered (0:00) Coming Up (2:14) GENIUS Act Explained (4:51) Winners & losers of GENIUS Act (7:00) Compliance costs (11:37) Future of stablecoins and banks (14:03) On-ramping & off-ramping opportunities (16:33) Get 2 months for free with Request Finance (18:12) Yield-bearing stablecoins (21:42) Global stablecoin regulations (24:36) Compliance for crypto payments gateways (27:42) Geographical use case trends (30:10) RWA compliance (35:05) Legal Nodes services (37:41) How Legal Nodes evolved since 2018 (39:21) Clarity Act (40:57)  Regulatory interoperability (43:48) Reach out to Nestor or Legal Nodes

    44 min
  3. #93: Asset Management & Financial Reporting for DAOs with Jack Gale from kpk (formerly karpatkey)

    25 JUL

    #93: Asset Management & Financial Reporting for DAOs with Jack Gale from kpk (formerly karpatkey)

    kpk is redefining crypto treasury management with secure, transparent, fully on-chain systems. In this episode, I speak with Jack Gale, core contributor at kpk (formerly Karpatkey), managing over $1.8B for top DAOs like Gnosis, Aave, ENS, and dYdX. We dive into why an Investment Policy Statement (IPS) is essential for DAOs, how kpk builds trust with crypto-native reporting, and a case study with Beefy Finance using Octav for on-chain data tracking. ✅ OUR RESOURCES 🌐 Join a global community of web3 accounting & finance professionals - https://app.theaccountantquits.com/ 💌Join our weekly free newsletter and become a confident web3 Accountant ⁠⁠https://www.theaccountantquits.com/newsletter⁠⁠ 🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting ⁠⁠https://www.theaccountantquits.com/free-class⁠⁠  🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto ⁠⁠https://www.theaccountantquits.com/crypto-accounting-academy⁠⁠  ✊ Follow The Accountant Quits on Socials 👉 LinkedIN: ⁠⁠https://www.linkedin.com/school/the-accountant-quits⁠⁠  👉 Twitter(X): ⁠⁠https://x.com/accountantquits⁠⁠  👉 YouTube: ⁠⁠https://www.youtube.com/@theaccountantquits⁠⁠  🎙️ Follow Episode Guest Jack Gale: ⁠https://x.com/iamjackgale 🎧 Website For show notes and past guests, please visit ⁠⁠https://www.theaccountantquits.com/podcast⁠⁠  Topics Covered: (0:00) Coming Up (2:19)  Investment Policy Statement (IPS) for DAOs (5:31) How to start IPS (7:49) IPS for Ethereum Foundation (12:52) Public IPS examples with ENS, Balancer (13:21) kpk services for asset management & financial reporting (16:46) kpk’s early beginnings (18:19) kpk scaling strategy (20:31) Get 2 months for free with Request Finance (22:12) kpk as on-chain agent (27:58) onchain permissions in practice (30:07) Zodiac Roles Modifier for onchain permissions (33:09) kpk’s open-source toolkit (33:47) Live demo of kpk (35:35) kpk’s DeFi treasury platform (41:09) Inside Beefy Finance Financial Report (45:08) Using Octav to build financial reports of Beefy Finance (51:09) Does Beefy use traditional accounting softwares? (52:55) Final thoughts for DAO contributors & founders (55:36) Jack’s quote (56:24) Reach out to Jack or kpk

    57 min
  4. #92: Web3 Incorporation in Panama (A Legal Guide)

    9 JUL

    #92: Web3 Incorporation in Panama (A Legal Guide)

    Web3 is global, but where you set up your company matters. One growing hotspot is Panama. Panama doesn’t have specific crypto laws yet, so Web3 projects don’t need special licenses. It’s unregulated, but still legal. Plus, there’s 0% corporate tax on foreign income, making it a great place for innovation. To break it all down, I’m joined by Edgar Young, Partner at Pacifica Legal, a firm that’s helped over 270 Web3 companies incorporate in Panama. ✅ OUR RESOURCES 💌Join our weekly free newsletter and become a confident web3 Accountant ⁠https://www.theaccountantquits.com/newsletter⁠ 🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting ⁠https://www.theaccountantquits.com/free-class⁠  🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto ⁠https://www.theaccountantquits.com/crypto-accounting-academy⁠  ✊ Follow The Accountant Quits on Socials 👉 LinkedIN: ⁠https://www.linkedin.com/school/the-accountant-quits⁠  👉 Twitter(X): ⁠https://x.com/accountantquits⁠  👉 YouTube: ⁠https://www.youtube.com/@theaccountantquits⁠  🎙️ Follow Episode Guest Edgar Young: https://www.linkedin.com/in/dr-edgar-young-773a86218/ 🎧 Website For show notes and past guests, please visit ⁠https://www.theaccountantquits.com/podcast⁠  Topics covered; (0:00) Coming Up (0:51) Episode intro (2:35) How Pacifica Legal started (5:53) Panama’s crypto evolution (7:42) Tax environment in Panama (13:17) Tax obligations for founders from Panama (18:38) Thanks to our sponsor Octav (20:20) Token launch setup with SPV & Foundation (24:24) Controlling interest in subsidiaries (26:07) How funds flow between entities (26:56) Setup time & costs (27:51) Sociedad Anónima vs. Foundation (33:20) Bearer shares in Panama (35:42) DAO setup in Panama (38:14) DAO distributions to token holders (39:14) Thanks to our sponsor Request Finance (40:53) Panama v/s Cayman Foundations (45:12) Ownerless Foundation in Panama (47:11) Reputation risks (50:56) Crypto-friendly banks (55:19) Going bankless? (57:04) Pacifica’s crypto legal services (58:17) Onboarding process (59:12) Filing & Compliance (01:01:23) Final Thoughts (01:03:14) Reach out to Edgar

    1h 4m
  5. #91: DeFiBank for Enterprises with Jozef Vogel, COO of EtherFi

    27 JUN

    #91: DeFiBank for Enterprises with Jozef Vogel, COO of EtherFi

    Banking has always been about trust and control. Neobanks upgraded the user experience, but the system remained centralized. Now, we’re in the third wave: DeFi banks, a non-custodial, blockchain-based, and fully user-controlled. Leading this shift is EtherFi, offering a seamless way to save, earn, and spend without traditional banks. Think fiat on/off ramps, asset deployment into BTC, ETH, stables, staking, swapping, and more all in one place. Jozef Vogel, COO of EtherFi, shares how finance professionals can start using these tools in their day to day business. ✅ OUR RESOURCES 💌Join our weekly free newsletter and become a confident web3 Accountant https://www.theaccountantquits.com/newsletter 🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting https://www.theaccountantquits.com/free-class  🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto https://www.theaccountantquits.com/crypto-accounting-academy  ✊ Follow The Accountant Quits on Socials 👉 LinkedIN: https://www.linkedin.com/school/the-accountant-quits  👉 Twitter(X): https://x.com/accountantquits  👉 YouTube: https://www.youtube.com/@theaccountantquits  🎙️ Follow Episode Guest Jozef Vogel: https://www.linkedin.com/in/jozefvogel/  🎧 Website For show notes and past guests, please visit https://www.theaccountantquits.com/podcast  Topics covered; (0:00) Coming Up (0:31) Episode intro (2:38) ether.fi’s growth to $6.8B TVL (6:47) Ether.fi as a DeFiBank - save, earn, & spend (12:32) Thanks to our sponsor Octav (14:15) Ether.fi’s liquid vaults for DeFi rewards (16:20) Onboarding for institutions (18:12) Use cases for off ramping product (20:34) ether.fi’s business model & why DeFi can outperform TradFi (23:59)  Transparency in DeFi  (25:15) Subledgers for public DeFi reporting? (26:20) ether.fi Cash product (28:04) Thanks to our sponsor Request Finance (29:34) ether.fi’s corporate card features (31:19) What is a BIN sponsor (32:20) How borrowing works in ether.fi (34:32) Strategy to reach CeFi & neobank users (35:52) Licensing & navigating global regulation. (37:06) Do web3 projects still need a bank? (39:16) Hiring at ether.fi  (40:13) Final thoughts (40:44) Partnership opportunities (41:41) Connect with Jozef

    42 min
  6. #90: Token Launch & Valuation with Neil Thakur from Teknos Associates

    12 JUN

    #90: Token Launch & Valuation with Neil Thakur from Teknos Associates

    In practice, token launches are often delayed, and that can slow down the entire roadmap of a web3 project. Once there’s a traded price for a token, it’s difficult to walk it back. Post-launch valuations are often magnitudes higher than pre-launch ones. That’s why valuation reports have a limited shelf life, and why getting it right matters. My guest is Neil Thakur, Managing Director and Founding Member at Teknos Associates, a crypto valuation & advisory firm. If you’re in the middle of launching a token or structuring your SAFT with lawyers and advisors, this episode could help you avoid some costly mistakes. ✅ OUR RESOURCES 💌Join our weekly free newsletter and become a confident web3 Accountant ⁠⁠⁠⁠⁠⁠https://www.theaccountantquits.com/newsletter⁠⁠⁠⁠⁠⁠ 🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting ⁠⁠https://www.theaccountantquits.com/free-class⁠⁠ 🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto ⁠⁠⁠⁠⁠⁠https://www.theaccountantquits.com/crypto-accounting-academy⁠⁠⁠⁠⁠⁠  ✊ Follow The Accountant Quits on Socials 👉 LinkedIN: ⁠⁠⁠⁠⁠⁠https://www.linkedin.com/school/the-accountant-quits⁠⁠⁠⁠⁠⁠  👉 Twitter(X): ⁠⁠⁠⁠⁠⁠https://x.com/accountantquits⁠⁠⁠⁠⁠⁠  👉 YouTube: ⁠⁠⁠⁠⁠⁠https://www.youtube.com/@theaccountantquits⁠⁠⁠⁠⁠⁠  🎙️ Follow Episode Guest Neil Thakur: https://www.linkedin.com/in/neilkthakur/ 🎧 Website For show notes and past guests, please visit ⁠⁠⁠⁠⁠⁠https://www.theaccountantquits.com/podcast⁠⁠⁠⁠⁠⁠  Topics Covered: (0:00) Coming Up (0:59) Episode intro (2:49) When to get a token valuation & pitfalls (9:14) Shelf life of a token valuation report (11:25) IP valuation & transfer pricing issues (16:04) Transfer pricing for LabCo, Token SPV & Foundation (18:47) Thanks to our sponsor Request Finance (20:27) Token grants & valuation (24:27) Differences with  common option grants (27:42) Checklist for  structuring token grants (31:16) Tax savings through 83b election filing (38:02)  Pricing methodologies for a token pre-launch (44:00) Thanks to our sponsor Octav (45:40) What if you forgot to file a 83(b) election (48:05) Donations and gifting with HNW individuals (50:31) M&As in web3 & valuation issues (53:49) Provisions for protection against token considerations for M&As (55:19) Level 2 and Level 3 crypto assets (01:00:40) Overview of Teknos Associates services (01:04:33) Onboarding of a client (01:07:35) Services after a token launch (01:09:31) Closing thoughts (01:12:26) Reach out to Neil

    1h 13m
  7. #89: A Legal Guide for Token Launches with Jonathan Turnham from NXT Law

    30 MAY

    #89: A Legal Guide for Token Launches with Jonathan Turnham from NXT Law

    Before a token hits the market, founders face complex legal and tax decisions that can make or break their project. Where to incorporate? What type of token to issue? How does your personal residency affect taxes? On Ep. 89, I’m joined by Jonathan Turnham, Managing Partner at NXT Law, who’s helped launch over 350 Cayman Foundations and advised crypto projects since the ICO era. If you're involved in a token launch, this episode could save you from major legal headaches. ✅ OUR RESOURCES 💌Join our weekly free newsletter and become a confident web3 Accountant ⁠⁠⁠⁠⁠https://www.theaccountantquits.com/newsletter⁠⁠⁠⁠⁠ 🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting ⁠https://www.theaccountantquits.com/free-class⁠ 🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto ⁠⁠⁠⁠⁠https://www.theaccountantquits.com/crypto-accounting-academy⁠⁠⁠⁠⁠  ✊ Follow The Accountant Quits on Socials 👉 LinkedIN: ⁠⁠⁠⁠⁠https://www.linkedin.com/school/the-accountant-quits⁠⁠⁠⁠⁠  👉 Twitter(X): ⁠⁠⁠⁠⁠https://x.com/accountantquits⁠⁠⁠⁠⁠  👉 YouTube: ⁠⁠⁠⁠⁠https://www.youtube.com/@theaccountantquits⁠⁠⁠⁠⁠  🎙️ Follow Episode Guest Jonathan Turnham: ⁠https://www.linkedin.com/in/jonathan-turnham/ 🎧 Website For show notes and past guests, please visit ⁠⁠⁠⁠⁠https://www.theaccountantquits.com/podcast⁠⁠⁠⁠⁠  Topics Covered:

    1h 20m
  8. #88: Fund Accounting for Digital Assets with MG Stover & Otto

    14 MAY

    #88: Fund Accounting for Digital Assets with MG Stover & Otto

    The investment fund industry is massive, spanning everything from mutual funds and hedge funds to private equity and ETFs. But something’s changing. Finance is shifting from slow, opaque off-chain transactions to fast, transparent on-chain finance. Tokenized funds are here, with institutional AUM now over $470 million (rwa.xyz). Leading this evolution is MG Stover, managing $40billion+ in digital assets and now part of Securitize, a leader in tokenizing real-world assets ($3.7billion on-chain). Their latest innovation? Otto, an app designed for institutional digital asset funds. On Ep. 88, I speak with Patrick Clancy, Head of Growth at MG Stover, about fund administration for digital assets, how to launch a digital assets fund, and the tech driving them. ✅ OUR RESOURCES 💌Join our weekly free newsletter and become a confident web3 Accountant ⁠⁠⁠⁠https://www.theaccountantquits.com/newsletter⁠⁠⁠⁠ 🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting https://www.theaccountantquits.com/free-class 🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto ⁠⁠⁠⁠https://www.theaccountantquits.com/crypto-accounting-academy⁠⁠⁠⁠  ✊ Follow The Accountant Quits on Socials 👉 LinkedIN: ⁠⁠⁠⁠https://www.linkedin.com/school/the-accountant-quits⁠⁠⁠⁠  👉 Twitter(X): ⁠⁠⁠⁠https://x.com/accountantquits⁠⁠⁠⁠  👉 YouTube: ⁠⁠⁠⁠https://www.youtube.com/@theaccountantquits⁠⁠⁠⁠  🎙️ Follow Episode Guest Patrick Clancy: https://www.linkedin.com/in/keepingitpc/ 🎧 Website For show notes and past guests, please visit ⁠⁠⁠⁠https://www.theaccountantquits.com/podcast⁠⁠⁠⁠  Topics Covered: (0:00) Coming Up (0:49) Episode intro (3:50) Challenges with digital assets fund admin (5:35) Difference between fund admin & fund manager (8:05) Working with regulated custodians (9:20) Operational setup, including NAV reporting (13:02) Gaps in DeFi tooling (15:47) Thanks to our sponsor Request Finance (17:26) Fund structures for digital assets (23:10) Capital markets narratives (27:58) Tipping point for tokenized funds (30:42) History of MG Stover with crypto fund admin (34:54) Acquisition by Securitize (36:11) Thanks to our sponsor Octav (37:52) Otto, a tool for fund administration (41:33) Otto v/s subledger v/s Allvue (45:01) Growth initiatives for Otto (49:09) Closing education gap for accountants (52:11) Closing thoughts (53:05) Patrick’s favourite maxim

    55 min
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About

Welcome to The Accountant Quits podcast, an idea born from an inquisitive attempt to find one’s calling. I’m Umar and I will be your host on this series where we look into the impact of blockchain in accounting. From topics around the accounting treatment of cryptocurrencies, the new framework of triple entry accounting, the challenges at hand for audit and tax, and many more, we will look into how the profession of accounting is evolving and how accountants should prepare themselves for the future of work. Website - www.theaccountantquits.com

Information

  • Creator
    Umar Mallam Hassam
  • Years Active
    2021 - 2025
  • Episodes
    95
  • Rating
    Clean
  • Copyright
    © Umar Mallam Hassam
  • Show Website
    The Accountant Quits Podcast

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