Accounting for digital assets under US GAAP: Derivatives and mining - Society of Louisiana Certified Public Accountants

Overview

In this webcast, you’ll learn about derivative and mining considerations when accounting for digital assets under U.S. GAAP.

How to recognize a derivative or embedded derivative in a digital asset transaction

How to determine if a derivative or embedded derivative meets the net settlement criterion

Understand the financial statement impact and disclosure considerations related to derivatives and embedded derivatives

How the mining process is used to validate transactions

How revenue is recognized by mining entities.

An understanding of digital assets

Public accounting professionals

Management accountants

Consultants with financial clients

Financial services professionals

Recognize the accounting considerations of a derivative or an embedded derivative in a transaction involving digital assets.
Identify the accounting considerations when revenue is recognized by mining entities.