Digital currencies and blockchain: implications for accounting
Session Type
Side Events
Session Themes
Accounting & Reporting
Room number
22 October 2018
10:00 - 13:00 Europe/Zurich

The workshop will address emerging issues in the area of blockchain, digitalization and digital currencies, and in particular the implications of these phenomena for financial reporting. It will allow a range of reporting stakeholders to take stock of this technological revolution, which brings both opportunities and risks for the quality of reporting, the accounting profession and financial stability. The first roundtable will introduce emerging issues, focusing on the broader implications of blockchain technology and the digitalization revolution for accounting stakeholders. The second roundtable will delve into the subject of digital currencies, and how they relate to the existing financial reporting infrastructure.

Issues for the debate


  • Digitalization and accounting: the current context

Round table 1

  • What is the impact of digitalization on accounting practice?
  • What are some of the risks and opportunities of blockchain technology in accounting?
  • What are the main implications for the accountancy profession? What are some emerging good practices in harnessing the digital revolution for high-quality accounting?

Round table 2

  • What is the current context for digital currencies from an accounting perspective?
  • What are the main technical developments that occurred over recent years in the area of accounting standards for cryptocurrencies? What are some emerging frameworks?
  • What are the main challenges to devising standards and practice in financial reporting in response to digital currencies?


Director, Division on Investment and Enterprise, United Nations Conference on Trade and Development
Board member, International Federation of Accountants
Technical Manager, ICAEW IT Faculty
Director, Deloitte
Director of Financial Reporting Policy, CFA Institute
Technical Manager, International Accounting Standards Board
Chair, Australian Accounting Standards Board
Board member, Accounting Standards Board of Japan