cryptocurrencies

Good - that's what SBR is all about - having a debate - no right no wrong :) I agree about unrealised. There are of course inconsistencies with unrealised profits - gains on PPE go to OCI and gains on IP go to P&L You will find a great debate on this at: https://www.cpdbox.com/accounting-cryptocurrencies-ifrs/

Hi, from what I read there are two methods of valuation of cryptocurrencies: cost and revaluation method. According to the article on ACCA website they should be recorded as intangible assets. What would be the double entries for both of them considering increase and decrease in value?

Gains to OCI Losses to P&L unless reversing an earlier upwards revaluation So............regular rules for revaluation of intangibles