268: A&A Update with Brad Muniz 9/17/24

This episode recaps recent regulations and guidance regarding accounting for cryptocurrency and digital assets, including a taxonomy for classifying digital assets and a review of FASB ASU on accounting for and disclosure of digital assets. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources:AICPA article: A taxonomy for classifying digital assetsFASB ASU 2023-08, Accounting for and Disclosure of Digital Assetshttps://www.aicpa-cima.com/resources/article/bitcoin-basics-for-nfps-accepting-and-valuing-crypto-asset-giftsCryptocurrency and digital assets articles and eventsAccounting and auditing articles and eventsJoin the Accounting & Auditing Standards Interest Group