--- title: FMV Accounting Guide with Marcum & Cryptio description: Enhance transparency in crypto asset reporting with FASB Fair Market Value accounting standards. Learn how to transition smoothly for accurate financial statements. --- [![Cryptio logo](https://landing.cryptio.co/hubfs/raw_assets/public/Cryptio_Demo_theme/images/logo-black.svg "Cryptio logo")](https://cryptio.co/) - Solutions ![accounting-firms-green-bordered.b2040145-1](https://landing.cryptio.co/hubfs/accounting-firms-green-bordered.b2040145-1.svg) ##### [Accounting and Tax](https://cryptio.co/solutions/accounting-tax) [Automate GAAP & IFRS compliant reporting](https://cryptio.co/solutions/accounting-tax) ![internal-controls-green-bordered.eaefa46d](https://landing.cryptio.co/hubfs/internal-controls-green-bordered.eaefa46d.svg) ##### [Internal controls](https://cryptio.co/solutions/internal-controls) [Ensure completeness and accuracy of crypto data to an auditable standard](https://cryptio.co/solutions/internal-controls) ![blockchain-foundations-green-bordered.c5791933 (1)](https://landing.cryptio.co/hubfs/blockchain-foundations-green-bordered.c5791933%20(1).svg) ##### [Reconciliation](https://cryptio.co/solutions/reconciliation) [Reconcile crypto balances and transactions with internal systems](https://cryptio.co/solutions/reconciliation) [![build-vs-buy-guide.64b11d10](https://landing.cryptio.co/hubfs/build-vs-buy-guide.64b11d10.svg)](https://landing.cryptio.co/build_vs_buy) ##### [Build vs. Buy](https://landing.cryptio.co/build_vs_buy) Learn why leading enterprises choose to buy rather than build their own back-office solutions [Download guide](https://landing.cryptio.co/build_vs_buy) - Use cases - **![banks-exchanges-green-bordered.349e49cf](https://landing.cryptio.co/hubfs/banks-exchanges-green-bordered.349e49cf.svg)** ###### Banks Enterprise back-office with internal controls to ensure accurate reporting - **![cefi-green-bordered.d8c7f807](https://landing.cryptio.co/hubfs/cefi-green-bordered.d8c7f807.svg)** ###### Exchanges & Brokers Get audit-ready and reconcile on-chain activities with internal systems - **![stablecoins-green-bordered.a2a863e8](https://landing.cryptio.co/hubfs/stablecoins-green-bordered.a2a863e8.svg)** ###### Stablecoins Auditable on-chain tracking for institutional grade reporting - **![Nav bar icons_Wallet](https://landing.cryptio.co/hubfs/Nav%20bar%20icons_Wallet.svg)** ###### Wallets Track and report on cross-chain revenue and expenses - **![defi-green-bordered.6d63dc4f](https://landing.cryptio.co/hubfs/defi-green-bordered.6d63dc4f.svg)** ###### DeFi Enterprise Transform on-chain DeFi activity into auditable financial statements - **![arrow-up-down-green-bordered.861f8c35](https://landing.cryptio.co/hubfs/arrow-up-down-green-bordered.861f8c35.svg)** ###### On & Off Ramps Reconcile crypto order fulfillment for auditable financial statements - **![Nav bar icons_Storage Provider](https://landing.cryptio.co/hubfs/Nav%20bar%20icons_Storage%20Provider.svg)** ###### Storage Providers Automated accounting for storage provision revenue and expenses - **![Nav bar icons_Miners](https://landing.cryptio.co/hubfs/Nav%20bar%20icons_Miners.svg)** ###### Miners GAAP and IFRS-grade financial reporting including impairments - **![Nav bar icons_Exchanges](https://landing.cryptio.co/hubfs/Nav%20bar%20icons_Exchanges.svg)** ###### Exchange Traded Crypto Auditable accounting and NAV reporting for on-chain activities - **![Nav bar icons_NFT_marketplaces](https://landing.cryptio.co/hubfs/Nav%20bar%20icons_NFT_marketplaces.svg)** ###### NFT Marketplaces Transform on-chain NFT activities into auditable financial statements - **![Nav bar icons_NFT_Enterprises](https://landing.cryptio.co/hubfs/Nav%20bar%20icons_NFT_Enterprises.svg)** ###### Enterprise NFTs Auditable revenue reporting for branded NFT activities inc. royalties - **![Nav bar icons_Videogame](https://landing.cryptio.co/hubfs/Nav%20bar%20icons_Videogame.svg)** ###### Gaming Transform on-chain activities into auditable financial statements - **![public-sectors-green-bordered.b77716e2](https://landing.cryptio.co/hubfs/public-sectors-green-bordered.b77716e2.svg)** ###### Public Sectors Verify financial statements and tax filing accuracy for digital asset - **![blockchain-foundations-green-bordered.c5791933](https://landing.cryptio.co/hubfs/blockchain-foundations-green-bordered.c5791933.svg)** ###### Blockchain Foundations Help your ecosystem meet its accounting and reporting requirements - **![accounting-firms-green-bordered.b2040145-2](https://landing.cryptio.co/hubfs/accounting-firms-green-bordered.b2040145-2.svg)** ###### Accounting Firms Join 50+ world-class accounting, audit, tax, and advisory firms - [Partners](https://cryptio.co/partners) - Learn ##### [Blog](https://blog.cryptio.co/) [Company news, product updates, guides, and industry insights](https://blog.cryptio.co/) ##### [Courses](https://cryptio.co/learn) [Everything you've ever wanted to know about crypto accounting](https://cryptio.co/learn) [![stablecoin-reporting-nav.d2d366b0](https://landing.cryptio.co/hubfs/stablecoin-reporting-nav.d2d366b0.svg)](https://landing.cryptio.co/stablecoin-accounting-guide) ##### [Stablecoin Reporting](https://landing.cryptio.co/stablecoin-accounting-guide) Best practices for stablecoin accounting & reporting [Download guide](https://landing.cryptio.co/stablecoin-accounting-guide) [![fair-market-value-accounting-nav.2bb55e56](https://landing.cryptio.co/hubfs/fair-market-value-accounting-nav.2bb55e56.svg)](https://landing.cryptio.co/fmv-accounting-guide) ##### [Fair Value Accounting](https://landing.cryptio.co/fmv-accounting-guide) Transition to the newFASB FMV rules [Download guide](https://landing.cryptio.co/fmv-accounting-guide) [![month-end-reconciliation-nav.9eb360bc](https://landing.cryptio.co/hubfs/month-end-reconciliation-nav.9eb360bc.svg)](https://landing.cryptio.co/guides/end-of-month-reconciliation) ##### [Month-end reconciliation](https://landing.cryptio.co/guides/end-of-month-reconciliation) Best practices for your month-end processes [Download guide](https://landing.cryptio.co/guides/end-of-month-reconciliation) [![how-to-get-audit-ready-nav.a0fbb70b](https://landing.cryptio.co/hubfs/how-to-get-audit-ready-nav.a0fbb70b.svg)](https://landing.cryptio.co/guides/how-to-get-audit-ready) ##### [How to get audit-ready](https://landing.cryptio.co/guides/how-to-get-audit-ready) Completeness & accuracyfor on-chain businesses. [Download guide](https://landing.cryptio.co/guides/how-to-get-audit-ready) [![build-your-back-office-nav.7bffac50](https://landing.cryptio.co/hubfs/build-your-back-office-nav.7bffac50.svg)](https://landing.cryptio.co/guides/back-office-playbook) ##### [Build your back-office](https://landing.cryptio.co/guides/back-office-playbook) Accounting & reportingfor crypto-native businesses [Download guide](https://landing.cryptio.co/guides/back-office-playbook) - [Pricing](https://cryptio.co/pricing) - [Careers](https://cryptio.co/careers) [![Sign in](https://no-cache.hubspot.com/cta/default/20275766/989fa2da-65dc-4b42-96c1-3d9abcc57425.png)](https://cta-redirect.hubspot.com/cta/redirect/20275766/989fa2da-65dc-4b42-96c1-3d9abcc57425) [![Book a demo](https://no-cache.hubspot.com/cta/default/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c.png)](https://cta-redirect.hubspot.com/cta/redirect/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c) ![Menu](https://landing.cryptio.co/hubfs/raw_assets/public/Cryptio_Demo_theme/images/hamburger_menu.svg) ![Menu](https://landing.cryptio.co/hubfs/raw_assets/public/Cryptio_Demo_theme/images/cross.svg) ## Menu - Solutions ![accounting-firms-green-bordered.b2040145-1](https://landing.cryptio.co/hubfs/accounting-firms-green-bordered.b2040145-1.svg) ##### [Accounting and Tax](https://cryptio.co/solutions/accounting-tax) [Automate GAAP & IFRS compliant reporting](https://cryptio.co/solutions/accounting-tax) ![internal-controls-green-bordered.eaefa46d](https://landing.cryptio.co/hubfs/internal-controls-green-bordered.eaefa46d.svg) ##### [Internal controls](https://cryptio.co/solutions/internal-controls) [Ensure completeness and accuracy of crypto data to an auditable standard](https://cryptio.co/solutions/internal-controls) ![blockchain-foundations-green-bordered.c5791933 (1)](https://landing.cryptio.co/hubfs/blockchain-foundations-green-bordered.c5791933%20(1).svg) ##### [Reconciliation](https://cryptio.co/solutions/reconciliation) [Reconcile crypto balances and transactions with internal systems](https://cryptio.co/solutions/reconciliation) [![build-vs-buy-guide.64b11d10](https://landing.cryptio.co/hubfs/build-vs-buy-guide.64b11d10.svg)](https://landing.cryptio.co/build_vs_buy) ##### [Build vs. Buy](https://landing.cryptio.co/build_vs_buy) Learn why leading enterprises choose to buy rather than build their own back-office solutions [Download guide](https://landing.cryptio.co/build_vs_buy) - Use cases - **![banks-exchanges-green-bordered.349e49cf](https://landing.cryptio.co/hubfs/banks-exchanges-green-bordered.349e49cf.svg)** ###### Banks Enterprise back-office with internal controls to ensure accurate reporting - **![cefi-green-bordered.d8c7f807](https://landing.cryptio.co/hubfs/cefi-green-bordered.d8c7f807.svg)** ###### Exchanges & Brokers Get audit-ready and reconcile on-chain activities with internal systems - **![stablecoins-green-bordered.a2a863e8](https://landing.cryptio.co/hubfs/stablecoins-green-bordered.a2a863e8.svg)** ###### Stablecoins Auditable on-chain tracking for institutional grade reporting - **![Nav bar icons_Wallet](https://landing.cryptio.co/hubfs/Nav%20bar%20icons_Wallet.svg)** ###### Wallets Track and report on cross-chain revenue and expenses - **![defi-green-bordered.6d63dc4f](https://landing.cryptio.co/hubfs/defi-green-bordered.6d63dc4f.svg)** ###### DeFi Enterprise Transform on-chain DeFi activity into auditable financial statements - **![arrow-up-down-green-bordered.861f8c35](https://landing.cryptio.co/hubfs/arrow-up-down-green-bordered.861f8c35.svg)** ###### On & Off Ramps Reconcile crypto order fulfillment for auditable financial statements - **![Nav bar icons_Storage Provider](https://landing.cryptio.co/hubfs/Nav%20bar%20icons_Storage%20Provider.svg)** ###### Storage Providers Automated accounting for storage provision revenue and expenses - **![Nav bar icons_Miners](https://landing.cryptio.co/hubfs/Nav%20bar%20icons_Miners.svg)** ###### Miners GAAP and IFRS-grade financial reporting including impairments - **![Nav bar icons_Exchanges](https://landing.cryptio.co/hubfs/Nav%20bar%20icons_Exchanges.svg)** ###### Exchange Traded Crypto Auditable accounting and NAV reporting for on-chain activities - **![Nav bar icons_NFT_marketplaces](https://landing.cryptio.co/hubfs/Nav%20bar%20icons_NFT_marketplaces.svg)** ###### NFT Marketplaces Transform on-chain NFT activities into auditable financial statements - **![Nav bar icons_NFT_Enterprises](https://landing.cryptio.co/hubfs/Nav%20bar%20icons_NFT_Enterprises.svg)** ###### Enterprise NFTs Auditable revenue reporting for branded NFT activities inc. royalties - **![Nav bar icons_Videogame](https://landing.cryptio.co/hubfs/Nav%20bar%20icons_Videogame.svg)** ###### Gaming Transform on-chain activities into auditable financial statements - **![public-sectors-green-bordered.b77716e2](https://landing.cryptio.co/hubfs/public-sectors-green-bordered.b77716e2.svg)** ###### Public Sectors Verify financial statements and tax filing accuracy for digital asset - **![blockchain-foundations-green-bordered.c5791933](https://landing.cryptio.co/hubfs/blockchain-foundations-green-bordered.c5791933.svg)** ###### Blockchain Foundations Help your ecosystem meet its accounting and reporting requirements - **![accounting-firms-green-bordered.b2040145-2](https://landing.cryptio.co/hubfs/accounting-firms-green-bordered.b2040145-2.svg)** ###### Accounting Firms Join 50+ world-class accounting, audit, tax, and advisory firms - [Partners](https://cryptio.co/partners) - Learn ##### [Blog](https://blog.cryptio.co/) [Company news, product updates, guides, and industry insights](https://blog.cryptio.co/) ##### [Courses](https://cryptio.co/learn) [Everything you've ever wanted to know about crypto accounting](https://cryptio.co/learn) [![stablecoin-reporting-nav.d2d366b0](https://landing.cryptio.co/hubfs/stablecoin-reporting-nav.d2d366b0.svg)](https://landing.cryptio.co/stablecoin-accounting-guide) ##### [Stablecoin Reporting](https://landing.cryptio.co/stablecoin-accounting-guide) Best practices for stablecoin accounting & reporting [Download guide](https://landing.cryptio.co/stablecoin-accounting-guide) [![fair-market-value-accounting-nav.2bb55e56](https://landing.cryptio.co/hubfs/fair-market-value-accounting-nav.2bb55e56.svg)](https://landing.cryptio.co/fmv-accounting-guide) ##### [Fair Value Accounting](https://landing.cryptio.co/fmv-accounting-guide) Transition to the newFASB FMV rules [Download guide](https://landing.cryptio.co/fmv-accounting-guide) [![month-end-reconciliation-nav.9eb360bc](https://landing.cryptio.co/hubfs/month-end-reconciliation-nav.9eb360bc.svg)](https://landing.cryptio.co/guides/end-of-month-reconciliation) ##### [Month-end reconciliation](https://landing.cryptio.co/guides/end-of-month-reconciliation) Best practices for your month-end processes [Download guide](https://landing.cryptio.co/guides/end-of-month-reconciliation) [![how-to-get-audit-ready-nav.a0fbb70b](https://landing.cryptio.co/hubfs/how-to-get-audit-ready-nav.a0fbb70b.svg)](https://landing.cryptio.co/guides/how-to-get-audit-ready) ##### [How to get audit-ready](https://landing.cryptio.co/guides/how-to-get-audit-ready) Completeness & accuracyfor on-chain businesses. [Download guide](https://landing.cryptio.co/guides/how-to-get-audit-ready) [![build-your-back-office-nav.7bffac50](https://landing.cryptio.co/hubfs/build-your-back-office-nav.7bffac50.svg)](https://landing.cryptio.co/guides/back-office-playbook) ##### [Build your back-office](https://landing.cryptio.co/guides/back-office-playbook) Accounting & reportingfor crypto-native businesses [Download guide](https://landing.cryptio.co/guides/back-office-playbook) - [Pricing](https://cryptio.co/pricing) - [Careers](https://cryptio.co/careers) [![Sign in](https://no-cache.hubspot.com/cta/default/20275766/989fa2da-65dc-4b42-96c1-3d9abcc57425.png)](https://cta-redirect.hubspot.com/cta/redirect/20275766/989fa2da-65dc-4b42-96c1-3d9abcc57425) [![Book a demo](https://no-cache.hubspot.com/cta/default/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c.png)](https://cta-redirect.hubspot.com/cta/redirect/20275766/7f093aaf-1bd4-4545-97c6-c5ac040f256c) # Fair Market Value Accounting The FASB Fair Market Value (FMV) accounting standards enhance transparency and accuracy in crypto asset reporting. Our guide helps you transition smoothly from historical cost to FMV accounting, ensuring your financial statements reflect the true value of your digital assets. In partnership with [![Marcum landing page](https://landing.cryptio.co/hubfs/Marcum%20landing%20page.svg "Marcum landing page")](https://www.marcumllp.com/) ### You will learn: - Introduction to FMV accounting under FASB ASU 2023-08 - The benefits of FMV accounting: transparency, comparability & investor confidence - How to identify eligible crypto assets & exclusions like NFTs and wrapped tokens - The challenges of pricing, fragmentation & 24/7 markets - Best practices for transitioning to FMV accounting We support some of the leading crypto enterprises like ConsenSys (MetaMask), Uniswap and Tezos Foundation through their audits. With the new FASB FMV accounting standards deadline approaching, this guide is a must-read to a successful transition. ![Cryptio logo](https://landing.cryptio.co/hubfs/raw_assets/public/Cryptio_Demo_theme/images/logo-white.svg "Cryptio logo") [![ico-x](https://landing.cryptio.co/hubfs/ico-x.svg)](https://twitter.com/cryptio_co) [![LinkedIn](https://landing.cryptio.co/hubfs/LinkedIn.svg)](https://www.linkedin.com/company/cryptio) ![soc-logo](https://landing.cryptio.co/hs-fs/hubfs/Imported%20images/soc-logo.png?width=38&name=soc-logo.png "soc-logo") ### Product - [Use cases](https://cryptio.co) - [Solutions](https://cryptio.co) - [Pricing](https://cryptio.co/pricing) - [Integrations](https://cryptio.co/integrations) ### Support - [Partners](https://cryptio.co/partners) - [Blog](https://blog.cryptio.co/) ### Company - [Partners](https://cryptio.co/partners) - [Blog](https://blog.cryptio.co/) ### Legal - [Terms & Conditions](https://cryptio.co/terms) - [Privacy policy](https://cryptio.co/privacy) ### Don’t miss an update Sign up for our newsletter for the latest Cryptio news & insights All Rights Reserved - Inquiries: [security@cryptio.co](mailto:security@cryptio.co)