Accounting for Digital Assets Webinar
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Overview
Digital assets present unique accounting and disclosure challenges as standards evolve. This session explores how recent guidance impacts financial reporting and highlights key considerations for organizations involved in crypto-related transactions. You’ll learn how to:
- Navigate emerging accounting standards for digital assets
- Identify financial reporting implications of new transaction types
- Maintain consistency and transparency in disclosures
Objective
To provide CPAs and other finance professionals with the knowledge needed to apply current accounting guidance for digital assets and prepare for ongoing changes in standards and regulatory expectations.
Emphasis
- A brief history of cryptocurrencies
- Types of crypto asset transactions
- Accounting for and disclosure of crypto assets before and after ASU 2023-08
- Applying fair value measurement and disclosure requirements introduced by ASU 2023-08
- Changes to custody of cryptocurrencies with SAB 122
- Accounting considerations for:
– Non-fungible tokens (NFTs)
– Lending and borrowing cryptocurrencies
– Stablecoin holdings - New FASB projects on digital assets
Speakers
Angela Newell, Professional Practice Principal, Accounting, BDO USA, P.C.
This course is included in the following subscriptions:
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View SubscriptionsPrerequisite
None
Level of Knowledge
Overview
CPE Credits
1
Hour
NASBA Field of Study
Accounting