Display of cryptocurrency in accounting

The purpose of the research to determine main features use cryptocurrency and its identification as an object in account. A comparative description cryptocurrencies, electronic money paper is given. It has been established that there are no grounds classify various types cryptocurrencies accounting system ordinary currencies or assets a given period time because they: not regulated by any jurisdictions; it possible identify issuer specific organization responsible for issuance; exists only virtual Internet environment. Methods. General scientific methods approaches, systematic approach, general (analysis, synthesis, generalization, comparison), statistical methods. Results. list stages reflection activity business entity with offered considered. mining process analysed cost items extraction new digital coins highlighted. variant on account operations accounts offered. There options depending recognition: goods, intangible assets, financial investments, money. To calculate obtained self-extraction, necessary consider costs need be identified reflected In addition cryptocurrency, you can extract altcoins, lightcoins convert into stablecoins, which cannot extracted, but purchased. article presents aspects calculating cost, include: electricity individuals legal entities country; equipment, depreciation maintenance, depreciation; residual value at sell old equipment; hash – speed solving mathematical problems one another network load production complexity; monetary exchange rate particular assets. Practical meaning. Despite all developments, issue from point view IFRS quite debatable. On hand, most propose asset. Virtual currency huge amount computing power At this stage technological development mankind, gaining stable position international market. Prospects further research. Rapid causing capacity growth interest, may eventually lead collapse. However, if price stability achieved, used transactions, just speculative gain. will directly related legalization recognition central banks means storage understand basic conditions payments