IFRS Reports

BlockchainAnalysis.io generates comprehensive reporting packages that comply with International Financial Reporting Standards (IFRS) for entities holding, trading, or managing digital assets. These reports are designed for external auditors, regulators, and board-level financial reporting.

Applicable Standards

| Standard | Application to Digital Assets | |---|---| | IAS 38 | Classification of digital assets as intangible assets (cost or revaluation model) | | IFRS 13 | Fair value measurement and hierarchy classification | | IAS 36 | Impairment testing for assets carried at cost | | IFRS 9 | Financial instrument classification for stablecoins and certain DeFi positions | | IAS 2 | Inventory accounting for entities that hold digital assets for sale in the ordinary course of business | | IFRS 15 | Revenue recognition for staking rewards, mining income, and validator fees |

Report Components

An IFRS reporting package from BlockchainAnalysis.io includes:

1. Digital Asset Schedule

A complete listing of all digital assets held at the reporting date, including quantities, cost basis, fair value, and classification under the applicable IFRS standard.

2. Fair Value Schedule

Detailed fair value measurements for all digital assets, classified into the Level 1--3 hierarchy under IFRS 13. See Fair Value Schedule.

3. Impairment Testing Report

Results of impairment testing under IAS 36 for assets carried at cost, including recoverable amounts and any impairment losses recognized. See Impairment Testing.

4. Revenue Recognition Summary

Revenue from digital asset activities (staking, DeFi yields, mining, airdrops) recognized under IFRS 15 or IAS 20 as applicable. See Revenue Recognition.

5. Disclosure Notes

Pre-formatted disclosure notes for inclusion in financial statements, covering accounting policies, risk exposures, fair value methodology, and impairment details. See Disclosure Notes.

6. Movement Schedule

A reconciliation of digital asset holdings from the opening balance to the closing balance:

| Movement | Description | |---|---| | Opening balance | Holdings at the start of the period | | Acquisitions | Purchases, DeFi yields, staking rewards, airdrops | | Disposals | Sales, transfers, fees paid in crypto | | Revaluations | Fair value adjustments (if revaluation model is applied) | | Impairments | Impairment losses recognized | | FX adjustments | Currency translation differences | | Closing balance | Holdings at the end of the period |

7. Audit Trail Extract

A filtered extract from the platform's Audit Trail covering all compliance-relevant events during the reporting period.

Generating an IFRS Report

1. Navigate to Audit > IFRS Reports in the dashboard.
2. Select the reporting period (annual, semi-annual, or quarterly).
3. Choose the reporting currency.
4. Select the accounting model (cost model or revaluation model).
5. Configure the cost-basis method (FIFO, LIFO, WAC, or HIFO).
6. Click Generate Report.
7. Review all components and export the full package.

Export Options

| Format | Use Case | |---|---| | PDF | Board-ready reporting package with formatted tables and charts | | Excel (.xlsx) | Auditor work papers with full data and formulas | | XBRL | Machine-readable format for regulatory filings | | CSV | Raw data export for ERP and accounting system integration |

Auditor Access

You can grant your external auditor read-only access to the audit module:

1. Go to Settings > Team Members.
2. Click Invite and enter the auditor's email.
3. Assign the Auditor role, which grants read-only access to all audit reports, fair value schedules, and the audit trail.
4. The auditor can log in, review reports, and download exports without modifying any data.