Abstract

This research aims to examine factors that affect the accounting treatment of cryptocurrencies in Malaysia. Different factors are examined including the function of cryptocurrencies, Conceptual Framework of financial reporting, and the legal status of cryptocurrencies. Targeted respondents involved in this research are accountants in Malaysia. A total of 119 responses are collected from the target respondents. Data collected are analysed using SPSS and SmartPLS 3. SPSS is mainly used to analyse the demographics of respondents whereas SmartPLS 3 is used to carry out reflective measurement model and structural model evaluation. The results concluded that all the independent variables which are the functions of cryptocurrencies, Conceptual Framework of financial reporting, and the legal status of cryptocurrencies have a significant relationship with the accounting treatment of cryptocurrencies. Some limitations and suggestions are included in this research to provide ideas for future researchers to carry out further research.

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