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California CPA Ask For Cryptocurrency Clarification

Roland James

Summary: With current expectations that corporations are going to increase their use of cryptocurrencies, Certified Professional Accountants (CPAs) in California are asking for a clarification on standards for cryptocurrency accounting, according to Pymnts.com. California CPAs have sent a letter to the Financial Accounting Standards Board asking for a task force to address how unclear the industry ...

With current expectations that corporations are going to increase their use of cryptocurrencies, Certified Professional Accountants (CPAs) in California are asking for a clarification on standards for cryptocurrency accounting, according to Pymnts.com. California CPAs have sent a letter to the Financial Accounting Standards Board asking for a task force to address how unclear the industry is cryptocurrency accounting standards.

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