Last Updated on October 5, 2023 by Paganoto
The rise of using cryptocurrency in business – Deloitte
The rise of using cryptocurrency in business – Deloitte
An increasing number of companies worldwide are using bitcoin and other digital assets for a host of investment, operational, and transactional purposes.
8 Benefits of Cryptocurrency – The Motley Fool
8 Benefits of Cryptocurrency – The Motley Fool
7. Diversification. Cryptocurrency can offer investors diversification from traditional financial assets such as stocks and bonds. While there’s limited …
Cryptocurrency: The Top Things You Need To Know – BDO USA
Cryptocurrency: The Top Things You Need To Know – BDO USA
In our experience, cryptocurrencies are generally accounted for as indefinite-lived intangible assets, except in a few specific situations whereby they are held …
Cryptocurrency Accounting On The Financial Statements | M& I
Cryptocurrency Accounting On The Financial Statements | M& I
Cryptocurrency Accounting: How Companies Like Tesla and MicroStrategy Record Crypto Purchases, Sales, Gains, and Losses on the Financial Statements.
Why Should Anyone Invest in Crypto? – Investopedia
Why Should Anyone Invest in Crypto? – Investopedia
Another common reason to invest in cryptocurrency is the desire for a reliable, long-term store of value. Unlike fiat money, most cryptocurrencies have a …
Cryptocurrencies: Should You Invest in Them?
Cryptocurrencies: Should You Invest in Them?
Cryptocurrency transactions are taxable by the IRS whenever a taxable event occurs, such as selling Bitcoin for a fiat currency, paying for a product or service …
Cryptocurrency Accounting Resources – The CPA Journal
Cryptocurrency Accounting Resources – The CPA Journal
The use of cryptocurrency as payment for company expenses has two components—the sale of the currency and the receipt of a good or service for …
It's Time To Rethink Accounting For Cryptocurrency – Forbes
It's Time To Rethink Accounting For Cryptocurrency – Forbes
Some bitcoin can be held for purchasing goods and services, while other holdings of bitcoin can be considered as held for investment. There can …
Cryptocurrency: What It Is and How It Works – NerdWallet
Cryptocurrency: What It Is and How It Works – NerdWallet
Are there other major investors who are investing in it? It’s a good sign if other well-known investors want a piece of the currency. Will you own a portion in …
Cryptocurrency: Understanding the Basics and Accounting …
Cryptocurrency: Understanding the Basics and Accounting …
In practice, the accounting treatment under U.S. GAAP is to account for cryptocurrencies as intangible assets.
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.