Impairment Solutions

One-Click Digital Asset Impairment Testing

Automate impairment testing for intangible assets and maintain a GAAP compliant balance sheet.

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What's Included?

A Solution for Impairment for Intangible Assets

Bitwave’s Advanced Accounting and Audit Module includes robust impairment cost calculating capabilities, audit licenses, and custom reporting.

Our platform also maintains strict separation of duties with role-based access for bookkeepers and accounting managers: Read-only, User, Writer, Owner, and Admin.

Ditch the Spreadsheet

Bitwave automatically tests impairment for digital assets within a single platform, saving you hours and headaches from manually updating spreadsheets.

Staking tracking and revenue recognition

Test Every Asset

Bitwave supports impairment testing on a lot-by-lot-basis, ensuring accurate carrying values for nearly every digital asset you hold (BTC, ETH, AVAX, etc.).

Rest Easy During Audits

Bitwave’s comprehensive reporting ensures you’ll always know which assets were impaired, when impairment occurred, and what values were used to calculate impairment.

Highly Flexible

Bitwave was built to adapt to your business's unique requirements and is the only digital asset tax and accounting software with impairment functionality. Our impairment cost calculation features can be set to follow either GAAP (Generally Accepted Accounting Principles) or International Financial Reporting Standards (IFRS).