FASB Proposed Accounting Standards Update (ASU), Intangibles — Goodwill and Other — Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets.
The practice aid provides nonauthoritative interpretive guidance from the AICPA’s Digital Asset Working Group on how to account for and audit digital assets.
For titles of FASB Accounting Standards Codification (ASC) references, see Deloitte’s “Titles of Topics and Subtopics in the FASB Accounting Standards Codification.”
Updated Q&A 25 indicates that in the assessment of “whether the crypto assets lent should be derecognized in this fact pattern, various indicators of control and elements of asset derecognition would be considered.” The Q&A provides a list of such indicators.
Regulation G, Rule 100, “General Rules Regarding Disclosure of Non-GAAP Financial Measures.”