This episode recaps recent regulations and guidance regarding accounting for cryptocurrency and digital assets, including a taxonomy for classifying digital assets and a review of FASB ASU on accounting for and disclosure of digital assets.
*** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. ***
Resources:
- AICPA article: A taxonomy for classifying digital assets
- FASB ASU 2023-08, Accounting for and Disclosure of Digital Assets
- https://www.aicpa-cima.com/resources/article/bitcoin-basics-for-nfps-accepting-and-valuing-crypto-asset-gifts
- Cryptocurrency and digital assets articles and events
- Accounting and auditing articles and events
- Join the Accounting & Auditing Standards Interest Group
No transcript available.
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