AICPA Updates Practice Aid on Digital Assets
February 11, 2022
The AICPA has added four Q&As to its practice aid Accounting for and Auditing
of Digital Assets. The new Q&As address:
- Contracts involving derivatives and embedded derivatives (Q&A 24).
- Crypto asset lending (Q&As 25 and 26).
- Mining (Q&As 27 and 28).
The practice aid is available to registered users of the AICPA’s
Web site.