Accounting and Financial Reporting for Cryptocurrency and other Digital Assets

Overview

How to properly account for and audit digital records is increasingly gathering importance as more entities have cryptocurrency and other digital assets on their financial statements. This course will address common questions, risks, and challenges evolving in this area.

Highlights

• Common applications related to initial recognition and measurement, subsequent measurement or derecognition, presentation, and disclosure of cryptocurrency and other digital assets
• Feedback from the AICPA's Digital Assets Working Group intended to assist auditors with opining on these digital records

Prerequisites

None

Designed For

Anyone who is responsible for accounting or auditing digital assets

Objectives

• Answer common questions related to the fair presentation and disclosure of cryptocurrency and other digital assets
• Recognize common risks and audit techniques relevant to digital records

Preparation

None