The accounting of digital assets
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As digital assets continue to develop, we are seeing more and more corporates utilising digital assets in their organisations. However, as it stands, the International Financial Reporting Standards are still unclear around their accounting treatment.
RSM's Head of Information Systems, Thilen Pillay, chats to our Head of IFRS, Michael Steenkamp, around how we should be accounting for digital assets in the financial statements.
RSM's Head of Information Systems, Thilen Pillay, chats to our Head of IFRS, Michael Steenkamp, around how we should be accounting for digital assets in the financial statements.