Problems of Displaying Transactions with Digital Assets in Accounting

At the present stage of the digital economy, approaches to the use of cash are changing. Electronic non-cash payments are increasingly used to order services and pay for goods online. Therefore, the important value of this process for the accounting system is the reflection of such transactions in accounting. Using e-wallets and e-business environments, displaying cryptocurrency transactions, transferring funds, mining, investing in high-risk assets – all this requires learning how to account for such transactions. The main purpose of the study is to scientifically substantiate the approaches to the reflection in the accounting of transactions with digital assets and to determine the ways of receipt of cryptocurrency in the enterprise. In the course of scientific research such methods of scientific cognition as description, analysis and synthesis were used. It is established that there is no single approach to the recognition and accounting of cryptocurrencies. It is advisable to consider cryptocurrency, which belongs to intangible assets, only in terms of long-term investments. Another vector of development is the identification of cryptocurrency as a resource or stocks and its accounting as stocks. It is determined that, first, before using cryptocurrency, it is necessary to economically justify a certain method of cryptocurrency valuation at the legislative level. In the future, this is necessary for companies that will use cryptocurrency to be able to constantly use the method in their accounting policies. The author analyzed the forms of electronic money and found that they can exist in the form of information in the middle of computer networks (network-based) and may have an additional connection with the payment smart card (card-based). In order to identify the subject of accounting, the author determines that cryptocurrency should be accounted for as an intangible asset, while wallets for storing cryptocurrency should be accounted for as other non-current tangible assets.