The AICPA has added 13 questions and answers to its practice aid, Accounting for and Auditing of Digital Assets. The nonauthoritative guidance focuses on how investment companies and broker-dealers should account for digital assets, in addition to providing answers on topics such as fair value and stable coins. The guidance, based on professional literature and experience from members of the AICPA Digital Assets Working Group and AICPA staff, is divided into the following five key areas:

1. Meeting the definition of an investment company when engaging in digital asset activities;
2. Accounting by an investment company for digital assets it holds as an investment;
3. Recognition, measurement, and presentation of digital assets specific to broker-dealers;
4. Considerations for crypto assets that require fair value measurement; and
5. Accounting for stable coin holdings.