Reporting alert: IFRIC tentative agenda decision on cryptocurrencies

The IFRS Interpretation Committee (IFRIC) released a new tentative agenda decision on accounting for holdings of cryptocurrencies. Learn about this new interpretation and the accounting around holdings of cryptocurrencies.

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This Financial Reporting Alert explains the IFRS Interpretation Committee's (IFRIC) tentative agenda decision on accounting for holdings of cryptocurrencies and compares this to CPA Canada's publication on an Introduction to accounting for cryptocurrencies under IFRS.

If you have any questions, please do not hesitate to contact Michael Massoud, Principal, Research, Guidance and Support, CPA Canada.