Accounting for and Auditing Cryptocurrency & 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. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

The major topics covered in this class include:

• 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

After attending this presentation you will be able to...

• 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

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by CPA Crossings. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.