Accounting for digital assets: Overcoming uncertainty

Key challenges and takeaways for management navigating the digital assets accounting space

May 08, 2023

Todd Briggs, RSM partner and national digital asset audit leader, discusses the evolution of the accounting and auditing space for digital asset companies, and the unique challenges that can be presented to management.

There is a lot for management teams to navigate in this newer space including interpreting general accounting principles, delivering financial reporting to satisfy a variety of stakeholders, finding the right experts and talent, and understanding what digital assets businesses will need in the future.

RSM contributors

  • Todd Briggs

Driving a sustainable digital assets strategy

The digital assets space looks vastly different today than it did just a few years ago. Digitally native companies that hold custody of digital assets or have platforms for the trading of such assets—whether cryptocurrencies such as bitcoin and ethereum, non-fungible tokens, stablecoins, or security tokens—need to be able to adapt their vision and strategy as the landscape changes.

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