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Ep. 118: Dr. Sean Stein Smith - Accounting for Cryptoassets

IMA's Count Me

Sean: (02:46) Well, there are no crypto specific authoritative standards yet, either under gap or IFRS but there is this consensus that apparently has been reached, led by the top firms trying to sort of get something out there right. So now I'm holding Bitcoin on the books. I have to book that impairment loss.