{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/350/60/#45-other-presentation-matters","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"350","topic_title":"Intangibles—Goodwill and Other","subtopic":"350-60","subtopic_title":"Crypto Assets","section":{"number":"45","label":"45 Other Presentation Matters","anchor":"45-other-presentation-matters","is_sec":false,"groups":[{"block":null,"heading":"Statement of Financial Position","paragraphs":[{"citation":"350-60-45-1","para":"45-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"GUID-B7D37100-84CD-4327-835F-50EB79A96DA1\"><span class=\"sfragment-source\">Crypto assets shall be presented separately from other <a href=\"/glossary/i/#intangible-assets\" class=\"term\" title=\"Assets (not including financial assets) that lack physical substance. (The term intangible assets is used to refer to intangible assets other than goodwill.)\"><span>intangible assets</span></a> in the statement of financial position. An entity is permitted to present crypto assets on a more disaggregated basis (for example, by individual crypto asset holding or <a href=\"/glossary/i/#intangible-asset-class\" class=\"term\" title=\"A group of intangible assets that are similar, either by their nature or by their use in the operations of an entity.\"><span>intangible asset class</span></a>).</span></span></div></div></div>","snippet":"Crypto assets shall be presented separately from other intangible assets in the statement of financial position. An entity is permitted to present crypto assets on a more disaggregated basis (for example, by individual c…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:74feb746a34efaba1e8c187634977777c426333f6d2dd446707d5d6a7500fb55","downloaded_from":"2026-09-10T00:03:23.550Z","last_downloaded_at":"2026-09-10T00:03:23.550Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476163","source_sha256":"82bce40efd36fcc7826718941943397f8146afee9baf26bfc3258e164967646c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bd4b473bdfbd5f8268b60085e41504313025b95f0294ef0f6ad472ec300a3a38","downloaded_from":"2026-09-10T00:03:23.550Z","last_downloaded_at":"2026-09-10T00:03:23.550Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476163","source_sha256":"82bce40efd36fcc7826718941943397f8146afee9baf26bfc3258e164967646c"}},{"block":null,"heading":"Income Statement","paragraphs":[{"citation":"350-60-45-2","para":"45-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"GUID-2888E739-B211-4F78-A2F1-E7CDDB177DB8\"><span class=\"sfragment-source\">Gains and losses from the remeasurement of crypto assets shall be included in net income and presented separately from changes in the carrying amount of other intangible assets. </span></span></div></div></div>","snippet":"Gains and losses from the remeasurement of crypto assets shall be included in net income and presented separately from changes in the carrying amount of other intangible assets.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:05d2a773f94a3ed190f0e9d1db933bcc9d515dc6bac4ef1ec0ad6cea51ce959c","downloaded_from":"2026-09-10T00:03:23.550Z","last_downloaded_at":"2026-09-10T00:03:23.550Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476163","source_sha256":"82bce40efd36fcc7826718941943397f8146afee9baf26bfc3258e164967646c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2af1f4f903efcf40f558cf66d94b5fcb4c73d04d1076ffdadcc398050d717f88","downloaded_from":"2026-09-10T00:03:23.550Z","last_downloaded_at":"2026-09-10T00:03:23.550Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476163","source_sha256":"82bce40efd36fcc7826718941943397f8146afee9baf26bfc3258e164967646c"}},{"block":null,"heading":"Statement of Cash Flows","paragraphs":[{"citation":"350-60-45-3","para":"45-3","html":"<div class=\"asc-body\"><div class=\"norm-text\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"GUID-C89214B5-8C99-4642-B7F5-EFC6EC156B7C\"><span class=\"sfragment-source\">For guidance related to the presentation of cash receipts arising from the sale of crypto assets that are received as noncash consideration in the ordinary course of business (or as a <a href=\"/glossary/c/#contribution\" class=\"term\" title=\"An unconditional transfer of cash or other assets, as well as unconditional promises to give, to an entity or a reduction, settlement, or cancellation of its liabilities in a voluntary nonreciprocal transfer by another entity acting other than as an owner. Those characteristics distinguish contributions from:Exchange transactions, which are reciprocal transfers in which each party receives and sacrifices approximately commensurate valueInvestments by owners and distributions to owners, which are nonreciprocal transfers between an entity and its ownersOther nonreciprocal transfers, such as impositions of taxes or legal judgments, fines, and thefts, which are not voluntary transfers. In a contribution transaction, the resource provider often receives value indirectly by providing a societal benefit although that benefit is not considered to be of commensurate value. In an exchange transaction, the potential public benefits are secondary to the potential direct benefits to the resource provider. The term contribution revenue is used to apply to transactions that are part of the entity's ongoing major or central activities (revenues), or are peripheral or incidental to the entity (gains). See also Inherent Contribution and Conditional Contribution.\"><span>contribution</span></a>, in the case of a <a href=\"/glossary/n/#not-for-profit-entity\" class=\"term\" title=\"An entity that possesses the following characteristics, in varying degrees, that distinguish it from a business entity: Contributions of significant amounts of resources from resource providers who do not expect commensurate or proportionate pecuniary return Operating purposes other than to provide goods or services at a profit Absence of ownership interests like those of business entities. Entities that clearly fall outside this definition include the following: All investor-owned entities Entities that provide dividends, lower costs, or other economic benefits directly and proportionately to their owners, members, or participants, such as mutual insurance entities, credit unions, farm and rural electric cooperatives, and employee benefit plans.\"><span>not-for-profit entity</span></a>) and are converted nearly immediately into cash, see paragraphs <a href=\"/asc/230/10/#230-10-45-21A\" class=\"xref\">230-10-45-21A</a> and <a href=\"/asc/230/10/#230-10-45-27A\" class=\"xref\">230-10-45-27A</a>. </span></span></div></div></div>","snippet":"For guidance related to the presentation of cash receipts arising from the sale of crypto assets that are received as noncash consideration in the ordinary course of business (or as a contribution, in the case of a not-f…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8ab30de890d46070aac1e023682562832d8977dbf5369eff58a6551333e56844","downloaded_from":"2026-09-10T00:03:23.550Z","last_downloaded_at":"2026-09-10T00:03:23.550Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476163","source_sha256":"82bce40efd36fcc7826718941943397f8146afee9baf26bfc3258e164967646c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:21c10f201bf41a3060fee196eb3f5f1756fdb37647fcbd22eb9438774dc296c2","downloaded_from":"2026-09-10T00:03:23.550Z","last_downloaded_at":"2026-09-10T00:03:23.550Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476163","source_sha256":"82bce40efd36fcc7826718941943397f8146afee9baf26bfc3258e164967646c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ad24f4f8021f804f4c034bea1d88949a77979890653b765382e8edfb50e61a5f","downloaded_from":"2026-09-10T00:03:23.550Z","last_downloaded_at":"2026-09-10T00:03:23.550Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476163","source_sha256":"82bce40efd36fcc7826718941943397f8146afee9baf26bfc3258e164967646c"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ad24f4f8021f804f4c034bea1d88949a77979890653b765382e8edfb50e61a5f","downloaded_from":"2026-09-10T00:03:23.550Z","last_downloaded_at":"2026-09-10T00:03:23.550Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476163","source_sha256":"82bce40efd36fcc7826718941943397f8146afee9baf26bfc3258e164967646c"}}