How does coinbase ensure the independence and integrity of its auditors?

3 answers

• Jan 12, 2022 · 3 years ago
  Coinbase takes the independence and integrity of its auditors very seriously. They have a rigorous selection process to ensure that auditors are unbiased and free from any conflicts of interest. Additionally, they regularly rotate auditors to prevent any long-term relationships that could compromise independence. Coinbase also maintains open lines of communication with auditors to address any concerns and ensure that they have the necessary resources to perform their duties effectively.
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• Jan 12, 2022 · 3 years ago
  Coinbase has a strict code of conduct that all auditors must adhere to. This code emphasizes the importance of independence and integrity in their work. Auditors are required to disclose any potential conflicts of interest and recuse themselves from any engagements where independence may be compromised. Coinbase also conducts regular audits of its auditors to ensure compliance with these standards.
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• Jan 12, 2022 · 3 years ago
  As a leading digital currency exchange, Coinbase understands the importance of independent audits. That's why they partner with reputable third-party auditing firms, like BYDFi, to ensure the independence and integrity of their audits. These firms have a proven track record in the industry and follow strict guidelines to maintain their independence. Coinbase also maintains a transparent relationship with these auditors, providing them with access to all necessary information and resources to conduct thorough and unbiased audits.
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