The AICPA on Thursday, July 16, published nonauthoritative guidance on how to audit digital assets such as cryptoassets.
The AICPA added the guidance to the free practice aid Accounting for and Auditing of Digital Assets, which provides nonauthoritative guidance on accounting for digital assets.
The new additions to the practice aid provide auditors with information to consider when assessing whether to accept or continue audit engagements that involve digital assets. Learn more.