블록체인 기반 가상통화의 재무보고서 사례연구

The purpose of this study is a case study of the financial accounting settlement process and financial report of the Reverse Foundation that issued a blockchain-based virtual currency (utility token). A literature study was conducted on the volatility factors of virtual currency and financial information to reduce volatility, and the effect of the gains and losses on disposal of virtual currency and valuation of Bithumb and Upbit on financial reports was analyzed. We reviewed the issues related to the disclosure of virtual currency provided by the Jangle site. This study classifies tokens of case companies as intangible assets according to the interpretation of IFRS IC (2019.06), and presents the process of applying the K-IFRS intangible assets(1038) standard as an case. The result of this study was to derive the application of IFRS accounting standards for token transactions of case companies, major accounting issues for token transactions, and disclosure items of financial reports, and a case study on the process of financial information settlement process improvement. It is significant that this study is an initial study that presented financial settlement and financial report items reflecting various transactions of blockchain-based tokens. This study is expected to contribute to enhancing the transparency of token transactions and securing market reliability. In addition, it will be useful as learning materials and discussion cases on the application of accounting standards for token transactions.