Your ERP wasn't built for crypto. Now you have a playbook that is.
The Controller's Guide to Cryptocurrency Accounting covers every framework, disclosure requirement, and operational control your finance team needs to hold crypto with confidence — and close the books without scrambling.
This is the guide for finance leaders who need real answers. If your company touches digital assets for treasury, payments, or operations, this is your operating manual.
15 pages. No fluff. Built for controllers.
Written specifically for enterprise finance leaders navigating crypto under GAAP. This guide contains the frameworks, checklists, and decision trees you can actually use.
What's inside
-
The accounting framework for every digital asset type
-
The SoDA (Statement of Digital Assets) reporting standard
-
Internal controls and wallet hygiene best practices
-
Tax implications by event type: sales, staking, airdrops, intercompany transfers, payments
-
Cost basis & lot identification: FIFO, HIFO, specific ID
Written specifically for enterprise finance leaders navigating crypto under GAAP
Accounting frameworks you're already obligated to follow
FASB's ASU 2023-08 now requires fair value accounting for qualifying crypto assets (Bitcoin, ETH). The guide breaks down treatment by asset type, disclosure requirements, and what "fair value hierarchy" means for your financial statements.
Stay reconciled continuously. Not just at period end
The guide details a three-layer reconciliation approach: on-chain balances → crypto subledger → general ledger → financial statements. With the right infrastructure, your team stays reconciled in real time, not retroactively.
Accounting frameworks you're already obligated to follow
The guide covers 8 categories of taxable crypto events. From staking rewards and airdrops to trades and payments. Includes the IRS forms your team needs to track and best practices for lot identification.
