How to account for Initial Coin Offerings !
ACCA Tom Clendon's SBR podcast - Een podcast door Tom Clendon SBR online lecturer
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Yes this is a current issue at SBR! First we need to understand the nature of an Initial Coin Offering (ICO) so that if this comes up in the exam we can discuss the accounting treatment. My explanation of ICO's includes references to intangibles assets, impairment and crypto currencies! I hope you enjoy the episode.