April 7, 2025


Webcast Replay


1 CPE

Accounting for Digital Assets under US GAAP, Part I

April 7, 2025
Webcast Replay
1 CPE

Accounting for Digital Assets under US GAAP, Part I

  • View Bio

    Instructor

    Sean
    Prince

    View Bio

Learning 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.

Major Topics

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.

CPE Credits Available

1 CPE
1
Accounting

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Accounting

Prerequisites

none

Advanced Preparation

None

Intended Audience

Accounting and finance professionals who need to know how to account for crypto and digital assets

Provider

AICPA

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