Matches in SemOpenAlex for { <https://semopenalex.org/work/W4384103310> ?p ?o ?g. }
Showing items 1 to 81 of
81
with 100 items per page.
- W4384103310 endingPage "551" @default.
- W4384103310 startingPage "526" @default.
- W4384103310 abstract "The growth of the cryptoassets phenomena, along with the lack of applicable accounting rules, offers difficult issues for financial reporting specialists in Romania. Therefore, handling the accounting of cryptoassets requires a detailed understanding of both cryptoassets technology and operation, as well as key accounting concepts. In the absence of steps made to control this sort of transactions through accounting standards, holders of cryptoassets are unable to apply the proper accounting treatment for the activity in which they are involved. The regulatory international framework for cryptoassets needs to be consistent and standards should be developed to safeguard holders. The European Economic and Social Committee believes it is important to treat non-financial products based on blockchain technology as physical assets, and not as financial instruments, following the principle of same activity, same risk, same rules. Others, argue that digital currencies should be recorded as: cash equivalents or cash, inventories, financial or intangible assets. As a result, the purpose of this article is to overview the accounting treatment perspectives given by the IFRS in comparison with the Order of the minister of public finance no.1802/2014 regarding the possible treatments of cryptoassets. Furthermore, the authors believe this article can contribute to accounting research by providing a direction to accounting regulators. Based on the review of specialised literature, existing standards and legislation, the paper indicates that the relevant accounting approaches to cryptoassets are as intangible assets, stock or fixed assets held for sale. However, they could also be seen as means of payment, like foreign currency, even if they do not meet the characteristics of cash. The perspectives on the taxation of cryptoassets are provided by analysing the types of taxes and the VAT regime applicable to cryptoassets, according to the Romanian Fiscal Code, the existing ANAF rules and the VAT Directive at European level. At the same time, the authors analysed and presented certain statistical data, such as the market capitalisation of cryptoassets, the degree of acceptance and the usage degree of cryptocurrencies worldwide, which show that there is a tendency to increase their use." @default.
- W4384103310 created "2023-07-13" @default.
- W4384103310 creator A5042481671 @default.
- W4384103310 creator A5092456536 @default.
- W4384103310 date "2023-07-14" @default.
- W4384103310 modified "2023-09-25" @default.
- W4384103310 title "Cryptoassets – Perspectives of Accountancy Recognition in the Technological Era" @default.
- W4384103310 doi "https://doi.org/10.20869/auditf/2023/171/019" @default.
- W4384103310 hasPublicationYear "2023" @default.
- W4384103310 type Work @default.
- W4384103310 citedByCount "0" @default.
- W4384103310 crossrefType "journal-article" @default.
- W4384103310 hasAuthorship W4384103310A5042481671 @default.
- W4384103310 hasAuthorship W4384103310A5092456536 @default.
- W4384103310 hasBestOaLocation W43841033101 @default.
- W4384103310 hasConcept C10138342 @default.
- W4384103310 hasConcept C121955636 @default.
- W4384103310 hasConcept C128769094 @default.
- W4384103310 hasConcept C139719470 @default.
- W4384103310 hasConcept C141121606 @default.
- W4384103310 hasConcept C144133560 @default.
- W4384103310 hasConcept C145097563 @default.
- W4384103310 hasConcept C162324750 @default.
- W4384103310 hasConcept C163867264 @default.
- W4384103310 hasConcept C17744445 @default.
- W4384103310 hasConcept C182306322 @default.
- W4384103310 hasConcept C190832808 @default.
- W4384103310 hasConcept C191654821 @default.
- W4384103310 hasConcept C199521495 @default.
- W4384103310 hasConcept C199539241 @default.
- W4384103310 hasConcept C2777351106 @default.
- W4384103310 hasConcept C2778083465 @default.
- W4384103310 hasConcept C2778348673 @default.
- W4384103310 hasConcept C2778587509 @default.
- W4384103310 hasConcept C30472729 @default.
- W4384103310 hasConcept C544937707 @default.
- W4384103310 hasConcept C556758197 @default.
- W4384103310 hasConcept C71199308 @default.
- W4384103310 hasConceptScore W4384103310C10138342 @default.
- W4384103310 hasConceptScore W4384103310C121955636 @default.
- W4384103310 hasConceptScore W4384103310C128769094 @default.
- W4384103310 hasConceptScore W4384103310C139719470 @default.
- W4384103310 hasConceptScore W4384103310C141121606 @default.
- W4384103310 hasConceptScore W4384103310C144133560 @default.
- W4384103310 hasConceptScore W4384103310C145097563 @default.
- W4384103310 hasConceptScore W4384103310C162324750 @default.
- W4384103310 hasConceptScore W4384103310C163867264 @default.
- W4384103310 hasConceptScore W4384103310C17744445 @default.
- W4384103310 hasConceptScore W4384103310C182306322 @default.
- W4384103310 hasConceptScore W4384103310C190832808 @default.
- W4384103310 hasConceptScore W4384103310C191654821 @default.
- W4384103310 hasConceptScore W4384103310C199521495 @default.
- W4384103310 hasConceptScore W4384103310C199539241 @default.
- W4384103310 hasConceptScore W4384103310C2777351106 @default.
- W4384103310 hasConceptScore W4384103310C2778083465 @default.
- W4384103310 hasConceptScore W4384103310C2778348673 @default.
- W4384103310 hasConceptScore W4384103310C2778587509 @default.
- W4384103310 hasConceptScore W4384103310C30472729 @default.
- W4384103310 hasConceptScore W4384103310C544937707 @default.
- W4384103310 hasConceptScore W4384103310C556758197 @default.
- W4384103310 hasConceptScore W4384103310C71199308 @default.
- W4384103310 hasIssue "171" @default.
- W4384103310 hasLocation W43841033101 @default.
- W4384103310 hasOpenAccess W4384103310 @default.
- W4384103310 hasPrimaryLocation W43841033101 @default.
- W4384103310 hasRelatedWork W1596008444 @default.
- W4384103310 hasRelatedWork W187393535 @default.
- W4384103310 hasRelatedWork W2141185334 @default.
- W4384103310 hasRelatedWork W2144877679 @default.
- W4384103310 hasRelatedWork W2402568323 @default.
- W4384103310 hasRelatedWork W2623399820 @default.
- W4384103310 hasRelatedWork W3126855636 @default.
- W4384103310 hasRelatedWork W4214883145 @default.
- W4384103310 hasRelatedWork W4384103310 @default.
- W4384103310 hasRelatedWork W968796464 @default.
- W4384103310 hasVolume "21" @default.
- W4384103310 isParatext "false" @default.
- W4384103310 isRetracted "false" @default.
- W4384103310 workType "article" @default.