A content analysis on the comment letters to IFRS IC: Accounting for cryptocurrencies

• Main Authors: Domingo, Jan Josef D., Galido, Ronin J., Jon, Gabriel Angelo J., Rizada, Mark G.
• Format: text
• Language: English
• Published: Animo Repository 2022
• Subjects: Cryptocurrencies—Accounting; Accounting—Standards; Accounting; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/etdb_acc/23; https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1058&context=etdb_acc
• Institution: De La Salle University

Cryptocurrency is changing the world. Its use and potential for profits have garnered the attention of businesses. In June 2019, The IFRS IC published the agenda decision regarding the holdings of cryptocurrencies. Of which, they concluded that cryptocurrencies are to be reported using IAS 2 Invento...