Blockchain and Crypto Assets in Accounting: From Basics to Reporting

SKU: 02-287-01-CPE
Credit Hours: 2
Category: Auditing
Prerequisites: None
Learning Level: Overview
Delivery Method: Online PDF
Instructor: Kelen F. Camehl, CPA, MBA

Course Description:
This course provides an introduction to blockchain technology and crypto assets, focusing on their growing influence in the accounting and finance sectors.

Upon completion of this course, you should be able to:

Identify key components and concepts of blockchain technology
Recall steps in blockchain transactions and consensus mechanisms
Distinguish between blockchain and traditional databases
Recognize use cases of blockchain for CPAs
Recognize the criteria for determining what constitutes a crypto assets based on U.S. GAAP
Identify the recognition requirements for crypto assets
Recognize the way in which crypto assets are presented on an entity’s financial statements
Identify disclosure requirements with respect to crypto assets