Abstract:

Purpose- In the New World order, we are experiencing a period in which we meet cryptocurrencies that are physically non-existent and can be transferred without public control, without the need for intermediaries. Everything that has financial value in essence is the subject of accounting. Since crypto currencies also have a financial value, they must be recorded, accounted and taxed. This study examines how crypto assets can be defined and reflected in accounting records in accordance with the definitions. Methodology- Since the concept of crypto money has started to enter commercial life in recent years, the literature resources are very limited, and there are many issues that have not yet become certain in terms of legislation, the approaches developed for the accounting of crypto currencies in this study are a suggestion. Findings- In the analysis made on the basis of current literature reviews, crypto currencies can be defined as money, other liquid assets, marketable securities, inventory or other intangible assets. The accounting transactions in accordance with these definitions are explained with the help of a hypothetical example. Conclusion- The opinion is that it would be appropriate to define crypto currencies as marketable securities in line with today's intense use area and acquisition purpose.

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