Idaho Society of CPAs

Accounting for Digital Assets under US GAAP, Part II

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  • Location
    • Your Computer
      Your Space
      ISCPA / AICPA Webinar, ID 00000
  • Credits
    • 1.50
  • Credit Type(s)
    • Accounting (1.50)
  • Prerequisites

    • None

  • Vendor
    • AICPA
  • Level
    • Basic
  • Fields of Study
    • Accounting
  • Message
    • Virtual Experience

Description

  • Presented by Sean Prince


  • Presentation type = pre-record/rebroadcast


    • Guidance on how to account for digital assets (bold):

    Accounting for stablecoins may not be stable:
    Though the use of digital assets is rapidly expanding, accounting guidance has not kept pace. As a result, accounting for digital assets can f

    Designed For

  • Public accounting professionals
  • Management accountants
  • Consultants with financial clients
  • Financial services professionals

    • Objectives

    • Recall guidance on how to account for digital assets under U.S. generally accepted accounting principles (GAAP).
    • Determine how reporting entities that apply specialized industry guidance should account for their involvement with digital assets

    Highlights

  • Guidance on how to account for digital assets
  • Fair value of digital assets under FASB ASC 820
  • Accounting for stablecoins
  • Specialized industry practice for digital asset accounting

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    Leaders

    AICPA Panel

    No Biography Available

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