IASB will update the accounting framework in 2026, with new rules for crypto assets and financial disclosures for tech companies

2026-01-05 07:56:11

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【BlockBeats】The International Accounting Standards Board recently announced an important plan: this year, updating the fundamental accounting framework will be a key focus. The reason behind this is quite clear—rapid proliferation of digital currencies, along with the increasing proportion of software and intangible assets in corporate value, has made the existing accounting system somewhat outdated.

Specifically, the board plans to focus on advancing research on the cash flow statement. This is not a simple tweak but aims to address fundamental flaws in current rules. The most critical point here is: cryptocurrency transactions and traditional cash transactions are fundamentally different, and the current accounting treatment is clearly not suitable. How to clearly reflect the liquidity of digital assets in financial statements? This is an urgent problem to solve.

Additionally, the accounting recognition and measurement of intangible assets have also been included in the research agenda, especially the treatment of digital assets like software and data. What does this mean? In the future, when crypto projects and tech companies submit financial reports, they may need to disclose the value of digital assets according to entirely new standards. This will have a profound impact on valuation logic and information transparency across the entire industry.

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MetaverseVagabond

· 11h ago

Finally, someone is going to take this seriously. Accounting standards won't take action until 2026. How long do we have to wait for cryptocurrency?

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SnapshotDayLaborer

· 01-06 22:36

Hey, finally someone is going to update these outdated accounting rules. It was about time.

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VitalikFanboy42

· 01-05 12:10

Finally, someone is starting to take this seriously, but it seems like it will take another few years to come to fruition...

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BlockchainFries

· 01-05 08:19

Haha, finally someone is going to give crypto a proper ledger. Under this wave, accountants will have to work overtime until they go bald.

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WenAirdrop

· 01-05 08:13

Someone is finally going to take care of this. The current accounting system is really outdated, and the area of crypto assets definitely needs to be regulated.

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CryptoCross-TalkClub

· 01-05 08:05

Laughing to death, now accountants have to learn about the crypto world, or how else can they explain where my money went? --- Finally, someone is going to regulate intangible assets. Can my air tokens also be included in financial reports? --- Encrypted version of the cash flow statement, is the next step to set up a "Collapse Deduction" account? --- Wait, does this mean the project team can no longer come up with tricks? Then I might have to change my profession as a comic storyteller. --- I just want to know, how are my zeroed-out tokens reflected in the financial statements? Negative infinity?

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GhostWalletSleuth

· 01-05 07:59

Ha, it's the same old rules always arriving half a beat late. Finally going to take crypto seriously, but it's still the same old story. How to account for digital assets, only now do I remember.

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