[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-159757-105":59,"doc-detail-159757-en":131},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":124,"head_meta":126,"extra_data":128,"updated_unix":130},105,"en","accounting-treatments-for-cryptocurrencies-in-malaysia-the-hierarchical-component-model-approach","Accounting Treatments for Cryptocurrencies in Malaysia - The Hierarchical Component Model Approach","","This research examines how technological factors, perceived risks, and the regulatory framework shape accounting treatments for cryptocurrencies in Malaysia. A structured questionnaire collected responses from 391 accounting and finance professionals, and the data were analysed using partial least squares structural equation modelling (PLS-SEM). Results show positive associations between each of these drivers and the accounting treatments used for cryptocurrencies. The study extends prior literature by applying an accounting conceptual framework to cryptocurrency accounting decisions and supports practice-focused guidance for valuation and reporting.",{"@graph":69,"@context":123},[70,84,106],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/accounting-treatments-for-cryptocurrencies-in-malaysia-the-hierarchical-component-model-approach/159757/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/accounting-treatments-for-cryptocurrencies-in-malaysia-the-hierarchical-component-model-approach/159757.png","ImageObject",300,407,{"name":92,"@type":93},"Asher","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-16","2026-08-29",true,{"@type":102,"interactionType":103,"userInteractionCount":105},"InteractionCounter",{"@type":104},"ViewAction",17,{"@type":107,"mainEntity":108},"FAQPage",[109,115,119],{"name":110,"@type":111,"acceptedAnswer":112},"What is the main focus of the study on cryptocurrency accounting in Malaysia?","Question",{"text":113,"@type":114},"The study investigates how technological factors, risks, and the regulatory framework influence the accounting treatments for cryptocurrencies in Malaysia.","Answer",{"name":116,"@type":111,"acceptedAnswer":117},"How were the research data collected and analysed?",{"text":118,"@type":114},"Data were gathered using a structured questionnaire from 391 accounting and finance professionals and analysed with partial least squares structural equation modelling (PLS-SEM).",{"name":120,"@type":111,"acceptedAnswer":121},"What did the study find about the relationship between key factors and accounting treatments?",{"text":122,"@type":114},"The results indicate that technological factors, risks, and regulatory frameworks are positively associated with the accounting treatments for cryptocurrencies.","https://schema.org",{"og:url":83,"og:type":125,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":127,"canonical":83},"index,follow",{"doc_id":129,"site_id":62},159757,1788022487,{"code":4,"msg":5,"data":132},{"doc_id":129,"user_id":133,"nickname":92,"user_avatar":134,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":135,"file_id":136,"file_url":137,"file_type":138,"file_size":139,"view_count":105,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":140,"language":141,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":142,"faqs":143,"seo_title":144,"seo_description":67,"update_tm":130,"read_time":145,"preview_page_count":4},687197207639,"https://ap-avatar.wpscdn.com/davatar_a8503ba1806abce46bf441b54a3ca4cd","Accounting Treatments for Cryptocurrencies in Malaysia: The Hierarchical Component Model Approach  \nYap Kiew Heong Angeline*, Wong Siew Chin, Teoh Teng Tenk, Melissa and Zakiah Saleh  \nABSTRACT  \nManuscript type: Research paper  \nResearch aims: This study examines the influences of technological factors, risks and regulatory framework on the accounting treatments for cryptocurrency in Malaysia.  \nDesign/Methodology/Approach: This study employs a structured questionnaire to solicit data about the accounting treatments for cryptocurrency. Data were collected from 391 accounting and finance professionals and analysed using partial least squares structural equation modelling (PLS-SEM) .  \nResearch findings: The results of this study show that technological factors, risks and regulatory frameworks are positively associated with the accounting treatments for cryptocurrency.  \nTheoretical contribution/Originality: This study has expanded the existing literature by focusing on the accounting treatments for  \n*Corresponding author: Yap Kiew Heong Angeline is an Associate Professor at the Faculty of Business, Economics and Accounting, HELP University, 15, Jalan Semantan, Bukit Damansara, 50490 Kuala Lumpur, Malaysia. Email: [angeline.yap@help.edu.my](angeline.yap@help.edu.my)  \nWong Siew Chin is an Associate Professor at the Faculty of Business, Economics and Accounting, HELP University. Email: [sc.wong@help.edu.my](sc.wong@help.edu.my)  \nTeoh Teng Tenk, Melissa is an Associate Professor at the Faculty of Business, Economics and Accounting, [HELP University. Email: melissateoh@help.edu.my](HELP University. Email: melissateoh@help.edu.my)  \nZakiah Saleh is a Professor at the Faculty of Business and Accountancy, University of Malaya, 50603 Kuala Lumpur, [Malaysia. Email: zakiahs@um.edu.my](Malaysia. Email: zakiahs@um.edu.my)  \nThis study is funded by the Ministry of Higher Education, Malaysia through the Fundamental Research Grant Scheme FRGS/1/2018/SS01/HELP/02/2  \n[https://doi.org/10.22452/ajba.vol14no2.5](https://doi.org/10.22452/ajba.vol14no2.5)  \nAsian Journal of Business and Accounting 14(2), 2021 137  \nYap Kiew Heong Angeline, Wong Siew Chin, Teoh Teng Tenk, Melissa and Zakiah Saleh  \ncryptocurrency using the accounting conceptual framework as the theoretical argument.  \nPractitioner/Policy implication: The findings imply that audit, tax and accounting professionals need to address the valuation and reporting of different classes and types of cryptocurrencies as their usage continue to rise. The core competencies of these professions are being disrupted by these changes; hence, these professions need to evolve and work with strategic partners/technology experts to offer cryptocurrency related advisory services.  \nResearch limitation/Implications: The researchers consider three factors namely technological, risks and regulatory frameworks that influence the accounting treatments for cryptocurrency. Future researchers may consider working with industry leaders to develop objective guidelines for cryptocurrencies, using comparative analysis of alternative accounting treatments to examine how this impacts financial results.  \nKeywords: Digital Currency, Cryptocurrency, Accounting, Malaysia, Blockchain Technology  \nJEL Classification: E42, G28, M41  \n1. Introduction  \nThe world is constantly changing, and technology is advancing very rapidly. Industry 4.0 is currently taking technological advancement toa new high with advanced features such as machine learning and big data. One of the main results of this technological advancement was the introduction and rise of blockchain technology that took the world by storm. Cryptocurrencies such as Bitcoin use blockchain technology and has created a huge buzz throughout the financial sector since its introduction in 2008 by its founder Satoshi Nakamoto. Blockchain is referred to a time-stamped series of fixed record of data that is managed by a group of computers not owned by any single entity, w","cbCaikvldZ7fLwUI","https://ap.wps.com/l/cbCaikvldZ7fLwUI","pdf",544606,36,"English","# Introduction\n# Accounting Treatments in Malaysia\n## Technology and Blockchain Background\n## Regulatory and Risk Considerations\n# Research Methodology\n## Questionnaire Survey\n## PLS-SEM Analysis\n# Findings and Implications\n## Theoretical Contribution\n## Practitioner and Policy Implications","[{\"question\":\"What is the main focus of the study on cryptocurrency accounting in Malaysia?\",\"answer\":\"The study investigates how technological factors, risks, and the regulatory framework influence the accounting treatments for cryptocurrencies in Malaysia.\"},{\"question\":\"How were the research data collected and analysed?\",\"answer\":\"Data were gathered using a structured questionnaire from 391 accounting and finance professionals and analysed with partial least squares structural equation modelling (PLS-SEM).\"},{\"question\":\"What did the study find about the relationship between key factors and accounting treatments?\",\"answer\":\"The results indicate that technological factors, risks, and regulatory frameworks are positively associated with the accounting treatments for cryptocurrencies.\"}]","Accounting Treatments for Cryptocurrencies in Malaysia - The Hierarchical Component Model Approach | PDF",91]