Skip to main content

IFRS® Accounting Standards

Crypto-asset Research and Resources

July 25, 2023 Resource

Crypto assets are garnering attention from financial markets globally as more entities seek involvement and are transacting in this area. We have seen changes in the macroeconomic environment and a shift towards an increasingly intangible economy, and as a result, retail and institutional investors are more interested in crypto-asset activities.

As part of its continual assessment of priorities, the AcSB is looking to better understand and consider accounting for crypto-asset activities. This includes furthering our understanding of how they fit into existing IFRS® Accounting Standards, and determining whether the information provided under these standards is decision-useful for financial statement users making capital allocation decisions.

Staff Contact(s)

Matthew Bishop, CPA, CA Principal, Accounting Standards Board

Jayshal Rajendra Daya, CPA, CA Principal, Accounting Standards Board

As we continue our research, read about our work in this space and other relevant resources and publications made available by the Board. Our first paper is out now:

   Accounting for Crypto-asset Activities: Crypto-asset Holdings — Payment Tokens Paper

 Accounting for Crypto-asset Holdings Cover Page 

DOWNLOAD NOW


Additional Resources

Accounting for Crypto-asset Activities: Basic Overview of the Crypto-asset Ecosystem

Read this overview paper for background information and definitions related to the AcSB’s accounting for crypto-asset activities thought leadership publications.

IAS 1 Presentation of Financial Statements – Additional disclosure considerations for companies engaging in crypto-asset activities

Is your company engaged in crypto-asset activities? Are there additional disclosures to consider beyond the specific requirements in IFRS Accounting Standards? Read this easy-to-understand resource to support your financial statement preparation process.

Past IDG discussions on various topics related to the accounting for crypto-asset activities (2018 –2021)