[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-159708-105":59,"doc-detail-159708-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","managing-digital-finance-the-role-of-cryptocurrency-in-financial-reporting","Managing digital finance - The role of cryptocurrency in financial reporting","","This study examines how cryptocurrency shapes corporate financial reporting amid the expansion of digital finance. A descriptive-analytical approach is applied using qualitative and quantitative evidence drawn from literature reviews, interviews with financial practitioners, and case studies of companies integrating cryptocurrencies. Results show that cryptocurrencies may support portfolio diversification and faster cross-border transfers, but also create valuation and risk-management difficulties through price volatility and regulatory uncertainty. The study concludes that clear regulation and improved accounting standards are vital for transparent, reliable 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/managing-digital-finance-the-role-of-cryptocurrency-in-financial-reporting/159708/",{"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/managing-digital-finance-the-role-of-cryptocurrency-in-financial-reporting/159708.png","ImageObject",300,407,{"name":92,"@type":93},"\tJames","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-28","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 research on cryptocurrency?","Question",{"text":113,"@type":114},"The research focuses on the role of cryptocurrency in corporate financial reporting and how it affects recognition, measurement, presentation, and disclosure in financial statements.","Answer",{"name":116,"@type":111,"acceptedAnswer":117},"What benefits of cryptocurrency are highlighted in financial reporting?",{"text":118,"@type":114},"Cryptocurrency is noted for enabling portfolio diversification and faster cross-border transactions, which can influence reported asset values.",{"name":120,"@type":111,"acceptedAnswer":121},"What key challenges complicate accounting for cryptocurrency?",{"text":122,"@type":114},"Challenges include price volatility and regulatory uncertainty, which make asset valuation and risk management harder and can lead to inconsistent financial estimates.","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},159708,1788021547,{"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},2336474466412,"https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d","Edelweiss Applied Science and Technology  \nISSN: 2576-8484  \nVol. 8, No. 5, 2007-2037 2024  \nPublisher: Learning Gate  \nDOI: 10. 55214/25768484 . v8i5 .1947  \n© 2024 by the authors; licensee Learning Gate  \nManaging digital finance: The role of cryptocurrency in financial reporting  \nMuh. Fathir Maulid Yusuf1* , Dian Mayafaty Rauf1 , Ahmad Hamid 1 , Wiwin Sultraeni 1 , Ilham Akbar Garusu 1  \n1 Universitas Nahdlatul Ulama Sulawesi Tenggara, Indonesia; [fathir.maulid91@gmail.com](fathir.maulid91@gmail.com) (M.F.M.Y.)  \n[dianmayafaty@yahoo.co.id](dianmayafaty@yahoo.co.id) (D.M.R.) [ahmadunusra@gmail.com](ahmadunusra@gmail.com) (A.H.) [wiwinsultraeniunusra@gmail.com](wiwinsultraeniunusra@gmail.com) (W.S.)  \n[ilhamibar@gmail.com](ilhamibar@gmail.com) (I.K.)  \nAbstract: This study aims to explore the role of cryptocurrency in corporate financial reporting amidst the rise of digital finance. The research adopts a descriptive-analytical design, utilizing both qualitative and quantitative methods. Data were collected from literature reviews, interviews with financial practitioners, and case studies of companies integrating cryptocurrencies into their financial operations. The findings highlight that while cryptocurrencies offer opportunities for portfolio diversification and faster cross-border transactions, they also introduce challenges, such as price volatility and regulatory uncertainty, which complicate asset valuation and risk management in financial statements. The study reveals that companies like Tesla and MicroStrategy have reported increased asset values due to cryptocurrency investments, but also faced difficulties in providing consistent financial estimates due to market fluctuations. The research concludes that clear regulatory frameworksand enhanced accounting standards are essential for transparent and reliable financial reporting. Practical implications include the need for financial practitioners to develop expertise in cryptocurrency valuation and risk management while ensuring compliance with international financial reporting standards.  \nKeywords: Cryptocurrency, Financial reporting, Digitalfinance, Digital assets.  \n1. Introduction  \nAmid advances in information technology and the digitalisation of the global economy, digital financial management has become a topic of high interest. Cryptocurrency, as a leading digital financial instrument, continues to grow rapidly and plays an increasingly significant role in the structure of corporate financial statements. Financial statements are a key tool to reflect the financial health of a company. In the era of technological advancement and digitalisation of the economy, it is most popular to study how these cryptocurrencies not only affect economic transactions but also project challengesand opportunities for conventional accounting principles and financial reporting.  \nEven though cryptocurrencies are anything from a steady means of exchange or a trustworthy store of wealth, they were initially seen as speculative vehicles. But as time has gone on and their acceptance by a wider range of organizations—including traditional financial institutions and multinational corporations—has grown, cryptocurrencies are starting to be incorporated into a larger financial ecosystem. The current rules for financial reporting need to be reexamined in light of this paradigm shift, especially with regard to recognition, measurement, presentation, and disclosure. The distinct dynamics created by cryptocurrencies are testing international standards that are the foundation of Generally Accepted Accounting Principles (GAAP) and [1]  \nIn the context of recognition, cryptocurrencies such as Bitcoin or Ethereum have high price volatility. This raises the question of how the value of cryptocurrency assets should be recognised in the financial statements, whether it should use the current market value or another more stable  \n© 2024 by the authors; licensee Learning Gate  \n* Correspondence: [fath","cbCaiqf5lpHqX8PR","https://ap.wps.com/l/cbCaiqf5lpHqX8PR","pdf",1060639,31,"English","# Introduction\n## Recognition considerations\n## Measurement considerations\n## Presentation and classification\n## Disclosure requirements\n## Implications for IFRS and GAAP","[{\"question\":\"What is the main focus of the research on cryptocurrency?\",\"answer\":\"The research focuses on the role of cryptocurrency in corporate financial reporting and how it affects recognition, measurement, presentation, and disclosure in financial statements.\"},{\"question\":\"What benefits of cryptocurrency are highlighted in financial reporting?\",\"answer\":\"Cryptocurrency is noted for enabling portfolio diversification and faster cross-border transactions, which can influence reported asset values.\"},{\"question\":\"What key challenges complicate accounting for cryptocurrency?\",\"answer\":\"Challenges include price volatility and regulatory uncertainty, which make asset valuation and risk management harder and can lead to inconsistent financial estimates.\"}]","Managing digital finance - The role of cryptocurrency in financial reporting | PDF",78]