Abstract:

There are no legal regulations in many countries regarding crypto assets. Crypto asset users have reservations about how the accounting of crypto assets will be done in which group and under which items. In the present work it will be specified how the accounting of crypto assets will be done and under which items. In this regard, the aim is to determine the legislative regulations proposed by the researchers and the application methods of the users. In order to achieve this aim, descriptive content analysis, which is one of several types of content analysis, was used. As a result of the examination, the prominent account groups in the accounting of crypto assets are listed as cash and cash equivalents, financial instrument, inventory, and intangible asset accounts. It was seen that the evaluation of cryptocurrencies as intangible assets and accounting accordingly is the most preferred option in the literature, despite the existing deficiencies and gaps. The preparation of a standard under the name international cryptocurrencies for a common definition and accounting of cryptocurrencies will also ensure unity in transactions between all parties involved in cryptocurrencies.

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