Accounting for Digital Assets Under U.S. GAAP: Crypto lending and borrowing - Society of Louisiana Certified Public Accountants

Overview

You’ll learn about crypto lending and borrowing considerations when accounting for digital assets under U.S. GAAP.

What is crypto lending?

The meaning of commonly used crypto lending terms

How the nature of the crypto asset and the terms of the lending arrangement affect accounting arrangements

Which disclosures are applicable based on the facts and circumstances

FASB ASU No. 2023-08, *Intangibles—Goodwill and Other—Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets*

An understanding of digital assets

Public accounting professionals

Management accountants

Consultants with financial clients

Financial services professionals