This episode talks about various opinions regarding Accounting treatments of Cryptocurrencies according to US GAAP.Β
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.Β
To assign us bookkeeping tasks of cryptocurrencies, book a discovery call on https://unisonglobus.com/
#usgaap #accounting #cryptocurrency