Digital Asset Resources

Accounting for and Auditing of Digital Assets [Practice Aid]

The digital asset ecosystem is changing and expanding rapidly.  For financial statement prepares or auditors, either currently in the digital asset ecosystem, or considering entering it, the Digital Assets Working Group developed a practice aid, which includes vital information for professionals on how to account for and audit digital assets. It is intended for those with a fundamental knowledge of blockchain technology, is based on existing professional literature and the experience of members of the Digital Assets Working Group and is specific to U.S. GAAP (for non-governmental entities) and GAAS.

The Practice Aid addresses both accounting and auditing topics. The Digital Assets Working Group continues to convene and develop new topics.  As additional topics are completed, this Practice Aid will be updated.

Additional Resources: