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About ElectraFi

We optimise the financial operations, accounting, and tax for digital and crypto businesses, driving efficiency, compliance, and growth. Discover how we work and who we are to see if we’re the right fit for your business.

Digitally Evolving since 2008

ElectraFi is a strategic partner for disruptive digital and crypto businesses. We are dedicated to equipping you with the expertise, advocacy and advanced financial tooling needed to thrive in an evolving internet-based economy. Since 2008, originally as Electra Frost Accounting in Sydney, we have progressed alongside our clients, integrating and adapting accounting practices and tax services for local, international and innovative enterprises, as well as creative crypto users.

01

Our Mission

Our mission is to support and empower entrepreneurs and trailblazers in the crypto and Web3 space.

For over 20 years, Electra Frost has supported creative, innovative businesses and startups. Since 2013, we have confidently integrated Bitcoin on the Balance Sheet, navigating tax and accounting uncertainties with care and responsibility. We collaborate with forward-thinking individuals and companies to advance the decentralised digital economy in our collective best interests.

By bridging blockchain and traditional financial practices, we enhance the legitimacy and growth of the crypto sector to which we belong as accountants.

02

Our Vision

By 2030, we envision all businesses integrating digital assets into their holdings and operations, incorporating AI, crypto, and blockchain with the guidance of accountants like us.

Our ambition is to lead the convergence of blockchain and traditional financial practices, making comprehensive crypto accounting the norm. We aim for digital and crypto businesses to be recognised as leaders for positive economic reform.

Our accounting practice will continue to evolve with Web3 and Bitcoin, earning unwavering client trust through the inherent transparency and reputation management of the decentralised peer-to-peer economy.

How We Work

ElectraFi specialises in providing comprehensive crypto accounting and Web3 fractional finance services, including monthly reporting and tax management. Our approach is designed to ensure that your financial position and obligations are always visible and predictable.

Initial Consultation and Customisation

We start with a detailed consultation to understand your business's unique needs and goals, and to discuss pressing issues. Our team of experts will:

  • Assess your current financial systems and processes.
  • Review your current tax compliance and challenges.
  • Identify areas for immediate action and what needs to change.
  • Develop a customised action plan tailored to your specific requirements.
  • Solutions Implementation and Advice

    Following the initial consultation, we provide a service scope and fee estimate to proceed with the recommended solutions. This phase may include:

  • Organising prior period bookkeeping, accounting, and tax filings.
  • Advising on accounting systems, entity structuring, and tax planning.
  • Integrating advanced accounting and back office tools for crypto operations.
  • Facilitating connections with legal, estate planning, and international professionals in our specialist network.
  • Ongoing Management and Reporting

    Our services extend beyond the initial setup to provide continuous support and management. This includes:

  • Monthly reporting: balance sheet, profit and loss, cash flow report, and key metrics for profitability, equity, cash runway and burn rate.
  • Ongoing tax management and support with regulatory compliance.
  • Continuous accounting, monitoring and optimisation of financial processes.
  • Access to a dedicated team for ongoing queries and support.
  • Value for Value

    We believe that every exchange, be it of ideas, services, or currencies, should be rooted in fairness and equity. Our 'Value for Value' ethos ensures that every interaction we have, both with our clients and partners, is mutually beneficial. We recognise and honour the worth of everyone we engage with, and in turn, we expect to be recognised for the value we bring.

    This principle goes beyond mere transactions; it's about fostering relationships built on mutual respect, understanding, and shared goals. In championing this value, we aim to create a world where every contribution is acknowledged, appreciated, and reciprocated

    Meet the Team Leaders

    Specialists for Technology Driven Businesses and International Australians. Putting Bitcoin on the Balance Sheet since 2013, and establishing crypto native projects since 2021.

    Proactive members of Blockchain Australia, CryptoCFOs and Web3 Finance Club.

    Electra Frost

    Electra is a Chartered Tax Adviser and FIPA Qualified Accountant holding an Australian Tax Agent licence and IPA Professional Practice Certificate. She loves helping crypto businesses succeed, earning crypto and mountain biking.

    Building on degrees and diplomas gained in accounting, tax law, international tax and financial planning, since 2020 she has focused her professional development on systems and strategies for Bitcoin, crypto and Web3 business models, and studied the Advanced Diploma of Applied Blockchain.

    Electra believes in open and permissionless systems and, as CFO and co-founder of a crypto focused charity Digital Playhouse Foundation Ltd, promotes digital literacy from a Bitcoin-first POV. She develops crypto education for accountants and is building CREDU, a decentralised app for public verification of accountants’ expertise.

    Pro-bono work with The School of Bitcoin and Stacks Australia communities keeps Electra actively engaging with Bitcoin L2 start-ups, and continuously bridging knowledge gaps between her accounting and Web3 worlds.

    Lisa Wilson

    Lisa Wilson is a Qualified Accountant and BAS agent working closely with Electra since 2016. Clients benefit from her extensive background in cloud accounting systems, process improvement and tech stack integrations.

    Lisa is a graduate of the original cohort of the Crypto Accounting Academy, bringing highly specialised knowledge to her role.

    At ElectraFi, Lisa analyses our clients’ monthly reporting, supervises their bookkeeping, and helps them navigate complex financial and tax issues with confidence. Her strategic approach and meticulous observation contribute to the financial health and growth of the businesses she supports.

    Lisa skilfully integrates crypto sub-ledgers and back-office tools with accounting software, to ensure clean data and reliable balance sheets. She enjoys the challenge of solving crypto accounting problems.

    In her spare time, Lisa runs horse riding lessons at her local rider’s club.