On-chain treasury: a CFO's framework
A CFO's framework for an on-chain treasury — classification before policy, custody as control, liquidity as discipline, and the four questions that resolve most edge cases.
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Index
The CFO Blog.
Working notes from the practitioner's desk. Shorter than the flagship essays, more focused than a column — each post answers one question a CFO at the intersection of blockchain, AI, and global commerce has to resolve.
I
Blockchain
The CFO in Blockchain.
Ten focused posts on treasury, settlement, accounting, regulation, and audit — feeding into the flagship Pillar I framework.
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01 Blockchain
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02 Blockchain
Carbon credit accounting on the blockchain
How a CFO accounts for carbon credits on the blockchain — recognition, measurement, retirement, and the disclosure obligations that follow from on-chain verifiability.
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03 Blockchain
MiCA for the CFO: a working checklist
A working MiCA checklist for the CFO — perimeter, classification, reserves, disclosure, and the four mistakes finance teams make before authorisation.
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04 Blockchain
Stablecoin treasury management: when, why, how much
When stablecoins belong in a corporate treasury, why the working-capital case is real, and how much exposure the policy should permit before discipline becomes dependence.
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05 Blockchain
Proof-of-reserves and the audit function
How proof-of-reserves changes the audit of a crypto-holding entity, what it does well, what it does badly, and the procedures the CFO must keep alongside it.
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06 Blockchain
When the balance sheet holds a token
What changes for the CFO when the entity's own token sits on its balance sheet — classification, measurement, disclosure, and the discipline of consistency.
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07 Blockchain
On-chain settlement vs. traditional reconciliation
What happens to the monthly close when settlement is final at the moment it occurs — the control shift, the tagging problem, and the new audit trail.
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08 Blockchain
Smart contract risk: what the CFO actually owns
Smart contract risk for the finance function — what the CFO must own, what she can delegate, and the governance pattern that survives audit and incident.
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09 Blockchain
Multi-jurisdiction crypto tax for global platforms
Multi-jurisdiction crypto tax for a global platform — VAT, OSS, DAC7, withholding, and the architecture that lets a CFO meet obligations without manual reconstruction.
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10 Blockchain
The CFO's role in blockchain governance
What the CFO contributes to blockchain governance — the controls, the disclosures, the audit bridge, and the limits of what finance can decide alone.
II
AI
The CFO in AI.
Ten focused posts on governance, FP&A, cost, organisation, and the limits of automation — feeding into the flagship Pillar II framework.
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01 Ai
Agentic FP&A and the continuous forecast
How agentic FP&A changes financial planning — the continuous forecast, the governance of automated outputs, and the line between signal and noise.
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02 Ai
The full-stack cost of AI
How a CFO calculates the full-stack cost of AI — compute, integration, data pipelines, governance, model refresh, and the operating costs that don't appear in the proposal.
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03 Ai
AI governance for the finance function
How a CFO governs AI in the finance function — model risk, data provenance, access control, audit readiness, and the documentation that survives examination.
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04 Ai
Building an AI-native finance team
How a CFO builds an AI-native finance team — the structural changes, the hiring profile, the career pathway, and the transition cost most finance leaders underestimate.
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05 Ai
AI in the financial close
How AI changes the financial close — what compresses, what does not, what the controls require, and the sequence that gets the time savings without the audit findings.
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06 Ai
Real-time anomaly detection in finance
How a CFO deploys AI anomaly detection in the finance function — calibration, signal-to-noise, the human review layer, and the controls that make the system reliable.
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07 Ai
The CFO as AI capital allocator
How a CFO acts as the capital allocator for AI investment — milestone gating, build-buy-partner discipline, the counterfactual test, and the literacy required to do the job.
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08 Ai
Audit readiness in an AI-enabled finance function
What an external auditor expects to see in an AI-enabled finance function — the documentation, the controls, the review evidence, and the conversation that closes the file.
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09 Ai
Gross-margin maths in the age of AI
How AI changes gross margin — where the unit economics shift, where they do not, and the CFO's framework for separating real margin expansion from accounting illusion.
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10 Ai
Where AI cannot replace the CFO
Where AI cannot replace the CFO — the judgement layer, the accountability, the relationships, and the parts of the job that exist because someone has to be responsible.