Accounting Treatment of Crypto Currencies according to US GAAP

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The Public Accountant on Purpose

Unison Globus

8 episodes

6 days ago

The Public Accountant on Purpose by Unison Globus is focused on various concepts of Finance, Accounting, Taxation and Payroll. Unison Globus is a best-of-breed venture that strives to transform your firm with its premium finance, accounting, and tax outsourcing services. We are an exemplary outsourcing firm catering to the requirements of CPAs and EA firms spread across the globe. With veterans on board, our distinctive firm offers wide-ranging audit, tax, accounting, and consulting solutions.

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Accounting Treatment of Crypto Currencies according to US GAAP

The Public Accountant on Purpose

7 minutes 19 seconds

3 years ago

Accounting Treatment of Crypto Currencies according to US GAAP

This episode talks about various opinions regarding Accounting treatments of Cryptocurrencies according to US GAAP.

May it be accounted as Cash and Cash equivalents?
May it be accounted as an Inventory?
May it be accounted as an Investment?
May it be accounted as an Intangible asset?

If it is accounted as an Intangible asset, its accounting treatment, subsequent measurement, recording of amortization or impairment if any.

To know answers to all these questions elaborately, treat your ears with this insightful podcast by profound academician Uday Ranpara from the directorial desk of Unison Globus.

To assign us bookkeeping tasks of cryptocurrencies, book a discovery call on https://unisonglobus.com/

#usgaap #accounting #cryptocurrency