Accounting for Cryptocurrency

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There are several unique accounting issues associated with cryptocurrency. In the Accounting for Cryptocurrency manual, we provide background information about the nature of cryptocurrency, blockchains, cryptocurrency wallets, pool mining, and cloud mining, and then delve into the related accounting issues. We address the classification of cryptocurrency, as well as cost basis tracking, impairment testing, accounting for cryptocurrency mining, and much more. This is the go-to guide for those who have questions about how to account for cryptocurrency.