Research on the Impact of Digital Currency on Accounting Calculation and Supervision Taking Bitcoin Measurement as an Example

Against the backdrop of the vigorous development of the digital economy and the profound transformation of traditional financial sectors by fintech, digital currency is significantly challenging traditional accounting practices. Its characteristics of decentralization, traceability, efficiency, and transparency particularly impact the timeliness of information recording models and oversight systems. It is reshaping the foundational data structures and risk profile of financial transactions, making the study of its technological characteristics and institutional adaptability an urgent imperative for innovation in accounting theory. Therefore, this paper focuses on the impact of digital currency on accounting and oversight. By employing a literature analysis method, this study finds that digital currency disrupts traditional accounting models and oversight systems, necessitating the reconstruction of accounting systems and the strengthening of risk management, functional transformation, and coordination in cross-border transaction supervision.