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Cryptocurrency

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Cryptocurrency

  • This topic has 5 replies, 3 voices, and was last updated 6 years ago by Stephen Widberg.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • November 6, 2019 at 6:57 am #551655
    christinathaiba
    Member
    • Topics: 12
    • Replies: 13
    • ☆

    Is Cryptocurrency a financial asset or intangible asset???
    What is correct accounting treatment of it??

    November 7, 2019 at 6:33 am #551728
    Stephen Widberg
    Keymaster
    • Topics: 17
    • Replies: 3444
    • ☆☆☆☆☆

    Intangible is the most likely answer

    Unlikely to be financial asset as no right to convert for cash (as with a bond)

    November 9, 2019 at 8:28 pm #551906
    ginetta86
    Participant
    • Topics: 18
    • Replies: 40
    • ☆☆

    It is useful to read the technical article about cryptocurrency found on the ACCA website

    November 10, 2019 at 8:48 am #551941
    Stephen Widberg
    Keymaster
    • Topics: 17
    • Replies: 3444
    • ☆☆☆☆☆

    https://www.accaglobal.com/in/en/student/exam-support-resources/professional-exams-study-resources/strategic-business-reporting/technical-articles/cryptocurrencies.html

    November 13, 2019 at 4:33 am #552365
    christinathaiba
    Member
    • Topics: 12
    • Replies: 13
    • ☆

    Thank you

    November 13, 2019 at 4:31 pm #552481
    Stephen Widberg
    Keymaster
    • Topics: 17
    • Replies: 3444
    • ☆☆☆☆☆

    A pleasure. Have a great day.

  • Author
    Posts
Viewing 6 posts - 1 through 6 (of 6 total)
  • The topic ‘Cryptocurrency’ is closed to new replies.

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