News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
The Investment Association's inaugural tokenized-funds practice note reframes how fund accountants, auditors, and CFOs must think about NAV calculation, reconciliation workflows, and embedded AML/KYC compliance under a DLT model.
ECB intensifies scrutiny of IFRS 9 provisioning, forbearance practices, and leveraged lending at supervised banks, with direct implications for how accounting teams and auditors support credit risk governance.
ECB streamlines IRB model-change approval from October 2026, but faster sign-off depends entirely on credible internal controls and early supervisory engagement
IAS 28 amendments expand the fair value option to more companies ahead of the mandatory IFRS 18 effective date, creating a one-time transition election that CFOs and auditors must assess now
IRS OPR AI guidance exposes a gap between existing compliance credentials and what §7216 actually requires when practitioners send client tax data to external AI tools
FASB proposes to require investment companies to factor contractual sale restrictions into equity fair value measurements under ASC 820, with mandatory discount disclosure
ESMA's 'Report Once' blueprint could cut up to €1 billion annually from EU transaction reporting costs, with phased legislative reform across MiFIR, EMIR and SFTR.
IFAC's 2026 IES Handbook consolidates all eight International Education Standards into one reference, signalling renewed global expectations for professional accountancy competence that CPD leads and firm training heads need to track now.
IFRIC publishes eight tentative agenda decisions on IFRS 18 and IFRS 10, open for comment until 9 September 2026, with IASB Chair Andreas Barckow and Vice-Chair Linda Mezon-Hutter summarising the June meeting in the latest podcast episode.
PEEC proposes to anchor the public interest entity definition to live FDIC and NAIC regulatory thresholds, replacing fixed-dollar figures and reducing future standard-setting lag
IFAC's revised Statements of Membership Obligations tighten quality management and professional education benchmarks, raising the compliance bar for accounting firms worldwide
ISSB releases Q2 2026 implementation insights podcast covering practical application of IFRS S1 and S2, including TIG guidance and biogenic emissions discussion, relevant to accounting firms advising on sustainability disclosure
The PCAOB's request for comment signals upcoming audit standards for crypto assets, prompting accounting firms to evaluate their crypto accounting software and sub-ledger tools.
The AFIAAR MoU harmonizes global crypto accounting standards, driving adoption of specialized crypto accounting software for firms.
AICPA survey indicates firms are prioritizing technology, creating opportunities for crypto accounting for accountants to meet client needs.
MFSA's letter on financial analysis of reinsurance undertakings underscores the need for robust crypto financial statements, aligning with FASB, IFRS, and DAC8.
EBA's ESG disclosure update creates new data requirements for crypto assets held by banks, driving need for integrated crypto accounting software.
FASB's request for comment on hedge accounting guidance for crypto assets held at fair value signals potential changes to crypto US GAAP accounting, with implications for firms applying ASC 350-60.
The IVSC AGM 2026 provides a platform for valuation leaders to discuss standards that may influence crypto accounting software requirements.
The EBA's proposed simplifications to the EU bank capital framework create both challenges and opportunities for firms holding crypto assets, highlighting the need for robust crypto accounting software.
The new IFRS Interpretations Committee members may influence future guidance on ifrs crypto assets and crypto ifrs accounting.
Proposed PCAOB quality control amendments will require audit firms to reassess their use of crypto accounting software, including digital asset accounting software and crypto sub-ledger solutions, to ensure compliance with heightened standards.
The July 2026 ASAF meeting agenda signals potential changes to crypto asset accounting standards, making crypto accounting software essential for compliance readiness.
IFRS 20 is a game-changer for crypto accounting; firms must prepare now to align with new standards and avoid compliance gaps.