Meanwhile, 84% of finance executives indicate they do not plan to hold bitcoin as a corporate asset due to financial volatility and presumed risk, according to a recent Gartner survey. Further, 18% noted “complex accounting treatment” as a reason to hold off digital asset purchases.
In the absence of clear U.S. guidance around accounting practices for these emerging asset classes, Kyla Curley and Ksenia Ioffe outline critical considerations as more public companies add digital currencies to their balance sheets.
