diff --git a/cmd/mist/flags.go b/cmd/mist/flags.go
index c4edb8dae8..8dab59d808 100644
--- a/cmd/mist/flags.go
+++ b/cmd/mist/flags.go
@@ -68,33 +68,6 @@ var (
 
 // flags specific to gui client
 var AssetPath string
-
-//TODO: If we re-use the one defined in cmd.go the binary osx image crashes. If somebody finds out why we can dry this up.
-func defaultAssetPath() string {
-	var assetPath string
-	// If the current working directory is the go-ethereum dir
-	// assume a debug build and use the source directory as
-	// asset directory.
-	pwd, _ := os.Getwd()
-	if pwd == path.Join(os.Getenv("GOPATH"), "src", "github.com", "ethereum", "go-ethereum", "cmd", "mist") {
-		assetPath = path.Join(pwd, "assets")
-	} else {
-		switch runtime.GOOS {
-		case "darwin":
-			// Get Binary Directory
-			exedir, _ := osext.ExecutableFolder()
-			assetPath = filepath.Join(exedir, "../Resources")
-		case "linux":
-			assetPath = "/usr/share/mist"
-		case "windows":
-			assetPath = "./assets"
-		default:
-			assetPath = "."
-		}
-	}
-	return assetPath
-}
-
 var defaultConfigFile = path.Join(ethutil.DefaultDataDir(), "conf.ini")
 
 func Init() {
@@ -122,7 +95,7 @@ func Init() {
 	flag.StringVar(&DebugFile, "debug", "", "debug file (no debugging if not set)")
 	flag.IntVar(&LogLevel, "loglevel", int(logger.InfoLevel), "loglevel: 0-5: silent,error,warn,info,debug,debug detail)")
 
-	flag.StringVar(&AssetPath, "asset_path", defaultAssetPath(), "absolute path to GUI assets directory")
+	flag.StringVar(&AssetPath, "asset_path", ethutil.DefaultAssetPath(), "absolute path to GUI assets directory")
 
 	// Network stuff
 	var (
diff --git a/cmd/utils/cmd.go b/cmd/utils/cmd.go
index d78b6a94da..a65476e69a 100644
--- a/cmd/utils/cmd.go
+++ b/cmd/utils/cmd.go
@@ -41,7 +41,6 @@ import (
 	rpcws "github.com/ethereum/go-ethereum/rpc/ws"
 	"github.com/ethereum/go-ethereum/state"
 	"github.com/ethereum/go-ethereum/xeth"
-	"github.com/kardianos/osext"
 )
 
 var clilogger = logger.NewLogger("CLI")
@@ -132,31 +131,6 @@ func StartEthereum(ethereum *eth.Ethereum) {
 	})
 }
 
-func DefaultAssetPath() string {
-	var assetPath string
-	// If the current working directory is the go-ethereum dir
-	// assume a debug build and use the source directory as
-	// asset directory.
-	pwd, _ := os.Getwd()
-	if pwd == path.Join(os.Getenv("GOPATH"), "src", "github.com", "ethereum", "go-ethereum", "cmd", "mist") {
-		assetPath = path.Join(pwd, "assets")
-	} else {
-		switch runtime.GOOS {
-		case "darwin":
-			// Get Binary Directory
-			exedir, _ := osext.ExecutableFolder()
-			assetPath = filepath.Join(exedir, "../Resources")
-		case "linux":
-			assetPath = "/usr/share/mist"
-		case "windows":
-			assetPath = "./assets"
-		default:
-			assetPath = "."
-		}
-	}
-	return assetPath
-}
-
 func KeyTasks(keyManager *crypto.KeyManager, KeyRing string, GenAddr bool, SecretFile string, ExportDir string, NonInteractive bool) {
 
 	var err error
diff --git a/ethutil/common.go b/ethutil/common.go
index efc519732c..d439dcedc0 100644
--- a/ethutil/common.go
+++ b/ethutil/common.go
@@ -2,6 +2,7 @@ package ethutil
 
 import (
 	"fmt"
+	"github.com/kardianos/osext"
 	"math/big"
 	"os/user"
 	"path"
@@ -9,6 +10,31 @@ import (
 	"time"
 )
 
+func DefaultAssetPath() string {
+	var assetPath string
+	// If the current working directory is the go-ethereum dir
+	// assume a debug build and use the source directory as
+	// asset directory.
+	pwd, _ := os.Getwd()
+	if pwd == path.Join(os.Getenv("GOPATH"), "src", "github.com", "ethereum", "go-ethereum", "cmd", "mist") {
+		assetPath = path.Join(pwd, "assets")
+	} else {
+		switch runtime.GOOS {
+		case "darwin":
+			// Get Binary Directory
+			exedir, _ := osext.ExecutableFolder()
+			assetPath = filepath.Join(exedir, "../Resources")
+		case "linux":
+			assetPath = "/usr/share/mist"
+		case "windows":
+			assetPath = "./assets"
+		default:
+			assetPath = "."
+		}
+	}
+	return assetPath
+}
+
 func DefaultDataDir() string {
 	usr, _ := user.Current()
 	if runtime.GOOS == "darwin" {