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The value of cryptocurrencies held by FTX is critical to FTX's creditors, yet as seen in the documents, the value of some of FTX's cryptocurrency holdings is hard to put a value on.
On Aug 24 2023, Elven hosted a professional panel of crypto accounting and financial reporting at its office in One Raffles Place, Singapore. Five crypto financial professionals attended the panel and gave their thoughts and insights.
On March 23, 2023, the FASB (Financial Accounting Standards Board) issued a proposed accounting standard change for crypto assets.
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Elven is the #1 financial reporting and compliance platform for cryptos to generate transparent, compliant and auditable financial statements automatically.