the Affiliation of Chartered Licensed Accountants (ACCA) says
cryptocurrencies can’t be thought of equal to money (foreign money) as outlined in IAS 7 and IAS 32 as a result of they can’t readily be exchanged for any good or service. Though an growing variety of entities are accepting digital currencies as cost, digital currencies aren’t but broadly accepted as a medium of alternate and don’t signify authorized tender.
…
digital currencies do seem to satisfy the definition of an intangible asset in accordance with IAS 38, Intangible Property. This customary defines an intangible asset as an identifiable non-monetary asset with out bodily substance.
…
cryptocurrency is topic to main variations in worth and subsequently it’s non-monetary in nature. Cryptocurrencies are a type of digital cash and do not need bodily substance. Subsequently, probably the most applicable classification is as an intangible asset.
Be aware: I’ve chopped out a number of brief quotations from an extended article. If you happen to discover something shocking, it’s best to learn the total article for correct context.
So a Bitcoin holding in a enterprise that follows the accounting guidelines talked about by ACCA would present up as a part of intangible property in revealed accounts. It won’t be separated out.
