Accounting for Digital Assets under US GAAP

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.

Date/Time

Tuesday, October 20, 2020
Registration Time: 1:00pm
1:00pm – 2:00pm

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Course Type

On-line Live Vendors

CPE Credit

1 hour CPE credit

Field of Study

Accounting

Level of Knowledge

Basic

Designed For

Accounting and Specialized Knowledge & Applications professionals who need to know how to account for crypto and digital assets

Vendor

AICPA

Prerequisites

None

Advanced Preparation

None

Highlights

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.

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.

Location

N/A (This is a webcast)
Member Fee $59.00
Non-Member Fee $69.00
Your Price $69.00

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