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Accounting for Digital Currency: Preliminary Evidence From Malaysia

Table 3:

Scale Items Mean SD
The carrying value of a digital currency should not exceed its market price & should be tested for impairment when necessary 4.47 1.049
Accounting needs to reflect the future cash flows inherent in the digital currency only to the extent that these are reliably measurable 4.43 0.966
Digital currency is recognised when there is objective evidence that control of the digital currency vests with the reporting entity 4.31 1.002
Digital currency is recognised when purchased or available for consumption as planned by management 4.23 1.048
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