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GlobalData

AICPA updates practice aid for digital assets

GlobalData
Summary
Nutrition label

88% Informative

The American Institute of CPA (AICPA) revised its guide, the Practice Aid, Accounting for and Auditing of Digital Assets , to align with the latest Financial Accounting Standards Board ( FASB ) updates on digital assets.

The guide is tailored for users with an understanding of blockchain technology and is based on US GAAP and GAAS for non-governmental entities.

VR Score

92

Informative language

92

Neutral language

84

Article tone

formal

Language

English

Language complexity

74

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

Affiliate links

no affiliate links