1.0Pieraghttps://pierag.com/USPierag_us_2026https://pierag.com/US/author/pierag_us_2026/Final Standard on Crypto Assets - Pieragrich600338<blockquote class="wp-embedded-content" data-secret="BOTkI7cfj9"><a href="https://pierag.com/US/final-standard-on-crypto-assets/">Final Standard on Crypto Assets</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://pierag.com/US/final-standard-on-crypto-assets/embed/#?secret=BOTkI7cfj9" width="600" height="338" title="“Final Standard on Crypto Assets” — Pierag" data-secret="BOTkI7cfj9" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
/*! This file is auto-generated */
!function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document);
//# sourceURL=https://pierag.com/US/wp-includes/js/wp-embed.min.js
</script>
https://pierag.com/US/wp-content/uploads/2025/08/final-crypto-assets.jpg1440377The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2023-08 on December 13, 2023. The ASU aims to address concerns raised by stakeholders regarding the current accounting for holdings of crypto assets. Currently, in most cases, holdings of crypto assets are accounted for as indefinite-lived intangible assets which is a cost-less-impairment accounting model. […]