To the Point - FASB requires fair value accounting and enhanced disclosures for certain crypto assets


Our publication summarizes the FASB’s final guidance that requires all entities to measure certain crypto assets at fair value each reporting period, reflect changes from remeasurement in net income and provide disclosures about the types of crypto assets they hold and any changes in their holdings. The guidance is effective for fiscal years beginning after 15 December 2024, including interim periods within those fiscal years. Early adoption is permitted.

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