Now available: purchase a #MarylandCPAProud face mask and support the MACPA Educational Foundation! BUY NOW

Accounting for Digital Assets under US GAAP (2020)

Description

What is a digital asset and how does US GAAP apply? This webcast will provide you with an understanding of how to account for investments in, or transactions involving, crypto assets (for example, bitcoin) and other digital assets under US GAAP.

Learning Objectives

Recognize how US GAAP applies to investments in, and transactions involving crypto assets. -Identify factors to use in the analysis of ownership of a digital asset -Recall the efforts of the AICPA to provide further guidance on how to account for digital assets under US GAAP.

Major Topics

Brief overview of digital assets.

How to account for investments in crypto assets, like bitcoin.

How to account for the receipt of digital assets when received as consideration from a contract with a customer.

How to apply the intangible asset accounting model to holdings of digital assets.

How to account for the sale of digital assets.

Factors that custodians or depositors of digital assets may consider to determine when to recognize ownership of digital assets.

Provider
AICPA
Course Level
Basic
Professional Area of Focus
Accounting & Auditing
CPE Field of Study
Accounting
1
Who Should Attend

Accounting and finance professionals who need to know how to account for crypto and digital assets

Instructor(s)
Sheri Wallace
Prerequisites

None

Advanced Preparation

None

Location
Online
Event Information
When
Oct 20, 2020
2:00 pm - 3:00 pm EST
Location
Online
Total CPE Credits
1
Format
Webcast Replay

MEMBER


$ (% off)
$59.00

NON-MEMBER


$ (% off)
$69.00
Become A Member

Register for this Event

Accounting for Digital Assets under US GAAP (2020)


Loading
Your browser is out-of-date!

Update your browser to view this website correctly.

Update my browser now

×