Crypto Finance Maturity Framework

How to use this framework: For each question, score 2 if fully in place, 1 if partially in place, and 0 if not in place. Total your score across all 17 questions (maximum 34 points) and use the scoring guide to identify your maturity band. Use the lowest-scoring areas to prioritise improvement actions.

Assess the financial maturity of your crypto-asset business across accounting policies, treasury management, tax reporting and investor-grade disclosure readiness.

Area 1: Accounting Policies

Q1. Board-approved accounting policy for crypto assets exists

2 — Fully in place: The policy documents the chosen measurement model — cost model or fair value — and is formally approved. 1 — Partially in place: partially in place or informally applied 0 — Not in place: not in place

Q2. Token issuance accounting treatment clearly defined

2 — Fully in place: The treatment — liability, equity, or revenue — is documented with a clear rationale that has been considered by the board. 1 — Partially in place: partially in place or informally applied 0 — Not in place: not in place

Q3. Staking, mining and DeFi income recognition policies documented

2 — Fully in place: Recognition policies for all crypto income streams are documented and applied consistently across reporting periods. 1 — Partially in place: partially in place or informally applied 0 — Not in place: not in place

Q4. External auditor familiar with crypto has reviewed policies

2 — Fully in place: An auditor with demonstrable crypto expertise has reviewed and confirmed the acceptability of your accounting policies. 1 — Partially in place: partially in place or informally applied 0 — Not in place: not in place

Area 2: Treasury Management

Q5. Treasury policy exists covering permitted assets and custodians

2 — Fully in place: The policy specifies which crypto assets may be held, concentration limits, and the list of authorised custodians. 1 — Partially in place: partially in place or informally applied 0 — Not in place: not in place

Q6. Multi-signature controls in place above a defined threshold

2 — Fully in place: All treasury wallet movements above a documented threshold require multi-signature authorisation. 1 — Partially in place: partially in place or informally applied 0 — Not in place: not in place

Q7. Fiat conversion policy documented

2 — Fully in place: When to convert, at what price, and who authorises token sell-downs is formally documented and followed. 1 — Partially in place: partially in place or informally applied 0 — Not in place: not in place

Q8. Custodian risk assessment completed

2 — Fully in place: Each custodian has been assessed for security, insurance coverage, and regulatory status — findings documented. 1 — Partially in place: partially in place or informally applied 0 — Not in place: not in place

Q9. Crypto treasury balance reconciled to accounting records monthly

2 — Fully in place: Wallet balances are reconciled to the accounting ledger at least monthly with no unexplained differences. 1 — Partially in place: partially in place or informally applied 0 — Not in place: not in place

Area 3: Tax Compliance

Q10. All crypto disposals recorded with acquisition cost and proceeds

2 — Fully in place: Every disposal is recorded in the accounting system with the full cost basis and disposal proceeds to support tax calculations. 1 — Partially in place: partially in place or informally applied 0 — Not in place: not in place

Q11. HMRC corporation tax position reviewed annually

2 — Fully in place: Crypto gains are correctly treated as chargeable gains in the corporation tax return — reviewed by a tax adviser annually. 1 — Partially in place: partially in place or informally applied 0 — Not in place: not in place

Q12. Token-based employee compensation assessed for tax

2 — Fully in place: The income tax and National Insurance implications of token-based remuneration have been documented and disclosed. 1 — Partially in place: partially in place or informally applied 0 — Not in place: not in place

Q13. VAT treatment confirmed for crypto activities

2 — Fully in place: Whether services are exempt, zero-rated, or taxable has been confirmed with a tax adviser and applied consistently. 1 — Partially in place: partially in place or informally applied 0 — Not in place: not in place

Area 4: Regulatory & Investor Disclosure

Q14. Crypto asset disclosures in annual accounts are compliant

2 — Fully in place: IFRS or FRS 102 compliant notes with adequate detail on accounting policies and balances are included in the accounts. 1 — Partially in place: partially in place or informally applied 0 — Not in place: not in place

Q15. FCA crypto registration status is current

2 — Fully in place: Registration is maintained and any changes in business activities are notified to the FCA promptly. 1 — Partially in place: partially in place or informally applied 0 — Not in place: not in place

Q16. Investor reports include crypto treasury position

2 — Fully in place: Balance, valuation basis, and a risk summary for the crypto treasury are included in regular investor updates. 1 — Partially in place: partially in place or informally applied 0 — Not in place: not in place

Q17. Third-party audit or attestation of crypto holdings obtained

2 — Fully in place: An independent attestation of holdings has been obtained to provide investor assurance — and is current. 1 — Partially in place: partially in place or informally applied 0 — Not in place: not in place

Your Score

0 / 34

Answer questions above to see your result

Next step: Identify the area where your score is lowest. Questions scored 0 are your highest-priority actions. Book a discovery call to discuss your results with a fractional CFO and build a clear remediation plan.

SCORE PANEL

Your Score

0 / 34

Answer questions above to see your result

Crypto Finance Maturity Framework

Area 1: Accounting Policies

Area 1: Accounting Policies

Area 2: Treasury Management

Area 3: Tax Compliance

Area 4: Regulatory & Investor Disclosure

Discuss your results with a fractional CFO.Book a discovery call.

Discuss your results with a fractional CFO.
Book a discovery call.