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Your client got paid in Bitcoin. Now what?
Are crypto assets financial assets, a form of currency…or something else? Although the use of crypto assets (and the number of different types of crypto assets) is rapidly expanding, accounting guidance has not kept pace.
This self-study CPE course will help you answer the question of what to do when your client is paid in Bitcoin, as well help you understand how to account for other transactions and investments involving crypto and digital assets under U.S. GAAP.
Crypto asset accounting shouldn’t be cryptic.
With easy−to−digest key learnings and applicable real-world examples, this course will help you assess the rights and obligations associated with digital asset holdings, select the correct accounting treatment, apply relevant SEC rules and FASB standards, and more.
You’ll also learn what the AICPA is doing to lend clarity, and guidance, to this murky but important field.
CPE Credit: 1