For your advisers

Questions for your accountant

Questions and official sources only. No tax or accounting determinations. Take the list to the entity's own advisers.

Australia

These questions stay unanswered here on purpose.

How should the holding be classified and measured in the entity's accounts?
AASB and ASIC financial reporting guidance
For an SMSF, which records does the auditor need for existence and ownership at balance date?
TBA SMSF Bitcoin audit guide
Which year-end evidence should be retained for the fund or company?
TBA SMSF Bitcoin EOFY checklist

Australian SMSF evidence stays on the SMSF audit guide and EOFY checklist.

These questions stay unanswered here on purpose.

How will the holding be classified and measured under US GAAP, and what disclosures does the board need?
FASB
What tax events do purchases, sales, and transfers create, and what records must exist from day one?
IRS

These questions stay unanswered here on purpose.

How should the holding be presented in the accounts, and what evidence will the auditor expect?
Financial Reporting Council
What tax events do purchases, sales, and transfers create for the company or trust?
HMRC

OTHER

These questions stay unanswered here on purpose.

How should the holding be classified and measured under the applicable accounting framework?
What tax events do purchases, sales, and transfers create, and which records must exist from day one?
What evidence will the auditor need that the entity controls the bitcoin?

Also

The accountants hub stays at its existing URL. Corporate treasury and the CBO generators link here for the question lists.