AICPA Updates Digital Asset Practice Aid
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Digital Assets Practice AidGlobalData
•AICPA updates practice aid for digital assets
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.
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