Accounting for Digital Assets Under U.S. GAAP: Crypto lending and borrowing

Crypto lending and borrowing

As you or your clients begin exploring new ways to transact with crypto assets, one of the many possibilities is through involvement with crypto lending and borrowing. Understanding the process of lending and borrowing crypto assets is the first step.

You'll learn the fundamentals related to these transactions and accounting considerations from the perspectives of both lenders and borrowers.

Note: This webcast has been updated to cover FASB issued ASU No. 2023-08, *Intangibles—Goodwill and Other—Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets*, which is effective for all entities for fiscal years beginning after December 15, 2024.

Part four of a series

This webcast is part four of a series that will bring to life the content incorporated in the AICPA Practice Aid *Accounting for and Auditing of Digital Assets*.

This webcast will walk you through:
The process of borrowing and lending crypto assets Crypto lending accounting considerations including derecognition models Crypto borrowing accounting considerations including how to account for the obligation.

Add more value

Whether you’re a CPA working with clients or an industry accountant responsible for corporate accounting policy, you'll gain a clear path to help your clients or entity by applying the appropriate accounting standards to digital asset crypto lending and borrowing activities.

Detailed examples and use cases will demonstrate the real-world application of this guidance.

You'll learn valuable information to open your world of crypto assets even more.