Introduction

On-chain activity generates transaction volumes and data complexity that traditional finance functions are not designed to handle, while the accounting, valuation, and tax treatment of tokens continues to evolve under SFRS(I) and IRAS guidance. Clear, defensible financial reporting and credible valuations are increasingly what banking partners, investors, and regulators expect from a digital asset business.

We bring institutional financial discipline and structural clarity to your digital asset operations, bridging decentralised ledgers with established standardised reporting frameworks so your reporting remains accurate, defensible and investor-ready. 

Our solutions

How we help

  • Digital Asset Accounting Services: Reconciliation of high-volume on-chain transaction data to your books, crypto inventory valuation methodologies (FIFO / Weighted Average), and balance-sheet treatment aligned to SFRS(I), including classification under IAS 2 or IAS 38.
  • Digital Asset Valuation: Fair value measurement for tokens, NFTs, and crypto portfolios, including valuation methodologies for DeFi protocol assets and staking positions, drawing on approaches developed across the RSM network.
  • Technical Accounting and Back-Office Support: Technical accounting, financial reporting and finance support for digital asset businesses, enabling your finance function to scale efficiently while supporting business growth.
  • Crypto Corporate and Income Tax: Advisory on the tax treatment of Token Generation Events (TGEs), staking and validator rewards, corporate token holdings, and the broader tax implications of digital asset activities. We also provide corporate tax compliance and filing and reporting support to help businesses navigate evolving tax requirements while focusing on growth.
  • International Tax and Transfer Pricing: A structured and practical approach to the transfer pricing of digital assets, covering digital business model and DEMPE analysis, cross-border structuring and international tax advisory, intercompany IP and licensing arrangements, valuation and arm’s-length pricing of intangibles, documentation, and audit defence for digital asset operations.
  • GST for Digital Payment Tokens (DPTs): Accurate input tax recovery and compliance with IRAS guidelines on the exempt supply of Digital Payment Tokens. 

Learn more about our related Accounting & Advisory services.

Learn more about our related Tax services.

Frequently Asked Questions 

A good starting point is establishing how your on-chain activity maps to your books and which accounting standards apply to your holdings. From there, we can put in place reconciliation, valuation, and reporting processes suited to your transaction volumes. 

Yes. We support established firms with ongoing accounting, technical accounting, and tax compliance, so your finance function keeps pace as your business and transaction activity grow. 

Yes. We advise on Singapore corporate, income, and GST treatment for digital assets, and on international tax and transfer pricing for the cross-border arrangements common to digital asset businesses. 

We apply fair value measurement methodologies suited to each asset type, including liquid tokens, NFTs, DeFi protocol assets, and staking positions, drawing on methodologies developed across the RSM international network to support financial reporting, fundraising, and transactions. 

Yes. We provide the accounting, valuation, and financial reporting support that investors and counterparties expect during fundraising, M&A, or a move toward public-company readiness,  working closely with our audit and advisory specialists where required. 

Digital asset accounting and tax treatment continue to evolve. We monitor developments in SFRS(I), IRAS guidance, and international standards, and draw on the RSM network’s technical resources so your treatment stays current and defensible. 

Our specialists

Associate Director

Contact us

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