Accounting for crypto staking rewards
Hot Topic | August 2022
Assessing the accounting considerations and challenges around staking crypto assets on proof-of-stake blockchains
In this Hot Topic, we describe crypto staking, explain key staking concepts and outline key decision points for validators and delegators associated with accounting for staked tokens and staking rewards.
Applicability
All entities that stake crypto intangible assets on proof-of-stake blockchains
Relevant dates
- Effective immediately
Topics addressed:
- Key crypto staking concepts
- Accounting for staked crypto assets (tokens)
- Identifying the principal to validation activities
- Accounting for transaction fees earned by a validator
- Staking rewards revenue recognition by validators and delegators
Download the document:
Accounting for staking rewards
Download PDFExplore more
Insight
Cryptoassets
An introduction and the potential risks
Resource
Accounting for crypto assets by investment companies
Executive summary of the accounting for acquired crypto assets by investment companies subject to ASC 946.
Resource
Accounting and reporting for crypto intangible assets
Accounting, presentation and disclosure for crypto intangible assets both in and out of scope of new ASC 350-60.
Resource
Evaluating custody of digital assets
We explore accounting ownership of custodied digital assets, and when custody affects revenue recognition.
Subscribe to stay informed
Receive the latest financial reporting and accounting updates with our newsletters and more delivered to your inbox.
Accounting Research Online
Access our accounting research website for additional resources for your financial reporting needs.