Live Stream: Understanding Blockchain, Bitcoin and Digital Assets and Their Accounting Intricacies

148  |  Livestream  |  Basic  |  Scheduled

Description

In this contemporary continuing education course, CPAs will embark on a journey into the world of blockchain, Bitcoin and other digital assets. As the financial landscape is revolutionized by these emerging technologies and asset classes, it is imperative for accounting professionals to stay abreast of the latest developments. Participants will gain a foundational understanding of the operation of blockchain technology, the mechanics behind Bitcoin transactions and its value creation, and the broader universe of digital assets. More crucially, the course will explore the current guidelines, challenges and best practices associated with the accounting and reporting of these assets, ensuring that CPAs are equipped to navigate the complexities of digital asset management in line with prevailing standards and regulations. Embrace the future of finance by mastering the accounting intricacies of this digital frontier.

Credits

Number of Credits Type of Credits
1.00 Auditing
1.00 Accounting

Designed For

Accountants and auditors working with clients that possess cryptocurrencies or other digital assets

Highlights

  • Cryptocurrencies, including Bitcoin, crypto assets and other digital assets
  • Blockchain
  • NFT accounting
  • FASB ASC 350 - Intangibles-Goodwill and Other

Objectives

  • Understand the fundamentals of blockchains and digital assets, including cryptocurrencies
  • Identify the relevant U.S. GAAP guidance for measuring, recognizing and reporting cryptocurrencies and other digital assets
  • Describe the relation between cryptocurrencies and blockchain

Prices

Member (Early Bird)
$95.00
Non-Member (Early Bird)
$125.00
Member
$95.00
Non-Member
$125.00
Your Price: $125.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.

Members log in and save $30.00 on this event. Not a member? join today.

Instructors

Robert D. Mims

Bob Mims, CPA, is a financial consultant and VP Finance for promising enterprises. For 20 years, Robert has worked with numerous startup ventures and nonprofits in the roles of Strategic Planning, Business Modeling, Controller and CFO. His focus is understanding the fundamentals of profitability. Robert worked ten years as a Big Four a Senior Assurance Manager, earning National Instructor of the Year on three occasions. Robert has served on FASB Advisory committees and is based in Memphis, TN.

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