Episode 22 | Suzanne Morsfield from Lukka on Valuation of Crypto Assets

Crypto Assets are challenging the accounting bodies and standard setters around the world, since they vary greatly to the traditional assets like equities, bonds, commodities and estimating their fair value is no straightforward task. They are mostly unregulated, their markets never close and many can’t be turned into fiat currency.

One company who wants to solve the complex post trade blockchain data is Lukka, and as a crypto focused tech company, has developed a proprietary valuation methodology for crypto assets.

In this episode, I speak to Suzanne Morsfield, the Global Head of Accounting Solutions from Lukka.

Suzanne brings more than 15 years of data-driven international corporate reporting experience, and has worked for JP Morgan, Morgan Stanley, Ernst & Young, Thomson Reuters.

Suzanne also worked for the IFRS Foundation, where she led projects on improving financial reporting standards. Today Suzanne is contributing to bring more clarity to Crypto Assets and is co-chair of the Global Digital Asset & Cryptocurrency Association Accounting & Tax Working Group

In this episode, you will learn;

• What are the challenges valuing crypto;
• Why the classification method of Crypto Assets under Intangibles is criticized;
• The relevance of identifying a principal market for valuation;
• The valuation methodology developed by Lukka and much more.

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