Crypto, on the books properly.
Cryptocurrency brought onto the corporate balance sheet properly. Accounting policy, IFRS and FRS 102 treatment, chart of accounts design, journal architecture, and audit-ready disclosures — engineered to pass external scrutiny.
Eight workstreams. One integrated framework.
Bringing crypto onto the balance sheet is not one decision — it's dozens, from accounting policy choice through to monthly reconciliation process. We cover all of them.
Accounting policy
Written accounting policy drafted against IFRS and FRS 102 — covering recognition, measurement basis, revaluation, and impairment.
Chart of accounts
New account codes designed and mapped — digital assets, revaluation reserves, realised gains, unrealised movements, and deferred tax.
Journal architecture
Standard journal templates for acquisitions, disposals, transfers, revaluation, and impairment — so finance can post confidently.
Month-end close process
Reconciliation procedures, fair-value sourcing rules, and close-checklist integration — so crypto flows through close like any other class.
Internal controls
Segregation-of-duties matrix, approval thresholds, and signer policies — documented and ready for SOX or equivalent review.
Financial statement disclosures
Note drafting for primary statements — accounting policies, risk disclosures, and sensitivity analysis appropriate to materiality.
Audit preparation
Evidence pack, reconciliation bundle, and methodology memo prepared in advance — so audit fieldwork runs without surprises.
Tax alignment
Corporation tax treatment, deferred tax provisioning, and VAT considerations mapped to the accounting policy from the start.
A five-stage integration.
Integration is a project, not a memo. We treat it as one — with scope, milestones, and a documented handover that leaves your finance team self-sufficient.
Diagnose
Current-state review of holdings, existing postings, ledger configuration, and auditor expectations. We find the gaps before we design the solution.
Design
Accounting policy chosen and written. Chart of accounts extended. Journal templates drafted. All decisions documented with rationale traceable to IFRS or FRS 102.
Build
Configuration into the ledger, reconciliation process built, controls documented. We work alongside your existing finance team, not around them.
Test
Dry-run month-end close with real data. Policy, postings, and reconciliations tested end-to-end before the first live period.
Embed
Written handover pack, training for the finance team, and 90 days of post-go-live support — so the process continues to work after we step out.
Fixed fees, scoped upfront.
- Written accounting policy
- Chart of accounts extension
- Journal templates
- Disclosure note drafts
- Signed deliverable
- Everything in Policy & Framework
- Ledger configuration
- Month-end close design
- Internal controls documentation
- Audit preparation pack
- 90 days post-go-live support
- Group-level consolidation
- Multi-entity / multi-jurisdiction
- IFRS 9 & derivative treatment
- Audit-liaison throughout
- Retained advisory wrap-around
What clients ask.
What accounting standard applies to our crypto?
It depends on what you hold, how you hold it, and why. Most corporate crypto holdings fall under IAS 38 Intangible Assets or FRS 102 Section 18, but holdings held for trading, lending, or within specific business models can be treated differently. We diagnose before we prescribe — and document the policy choice so the reasoning is defensible to your auditor.
Will our auditor accept the treatment?
We build every framework to audit-ready standards — written policy, documented rationale, reconciled evidence, and disclosures that anticipate auditor questions. We're happy to engage directly with your auditor during fieldwork, and in most cases that accelerates sign-off rather than extending it.
How do you handle DeFi positions on the balance sheet?
On their economic substance, not their branding. A liquidity pool position is a different asset from the tokens held; staked tokens may or may not remain on your balance sheet depending on whether beneficial ownership transfers. We document the substance-over-form analysis alongside the postings.
Can you work with our existing ledger and team?
Yes — and that's the usual model. We design alongside your finance team, configure into your existing ledger (whether that's Xero, NetSuite, SAP, or something bespoke), and hand over a process your team owns. We're there to build, not to be a permanent dependency.
What if we've already been holding crypto but haven't accounted for it properly?
Very common. We reconstruct the history, produce a prior-period adjustment memo, and integrate the restatement cleanly into your next close. The goal is to get to a defensible position without creating audit drama — and we've done this enough to know how to keep it calm.
Integration, done once, done properly.
A 30-minute scoping call, no charge. We'll confirm fit and return a written scope with fixed fee within 48 hours.
Request a scoping call