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Blockchain and Crypto Assets in Accounting: From Basics to Reporting ON DEMAND

Available Until

Your Desk

2.0 Credits

Member Price $29.00

Non-Member Price $33.00

Overview

This course provides an introduction to blockchain technology and crypto assets, focusing on their growing influence in the accounting and finance sectors. Participants will gain a better understanding of blockchain’s key concepts, how it differs from traditional databases, and its practical applications for CPAs. The course also address crypto assets, exploring their characteristics, U.S. GAAP guidance, and recognition and disclosure requirements.

Highlights

Historical development. Blockchain key concepts. Blockchain vs. AI. Blockchain vs. traditional databases. How blockchain works. Consensus mechanisms. How can CPAs use blockchain technology? Overview of crypto assets. U. S. GAAP guidance. Scope criteria for crypto assets. Scope application examples. Recognition of crypto assets. Private company considerations.

Prerequisites

None.

Designed For

CPAs, CFPs, CEOs, and other accounting managers.

Objectives

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.

Preparation

None.

Notice

None.

Leader(s):

Leader Bios

Kelen Camehl, Western CPE

Kelen is a recognized author and reviewer of CPE courses and has authored over 85 courses (225+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics. His courses are available for purchase from many online CPE providers including the AICPA. Kelen has also remained involved in CPA exam content development for nearly 10 years and has authored more than a thousand multiple choice questions for various sections of the CPA exam. He also serves as an Editorial Advisor for the AICPA’s “Journal of Accountancy”.

Kelen has over 15 years of progressive finance and accounting experience. He currently serves as an Accounting Policy Consultant with HP, Inc. in Dallas, TX. Most recently he was located in Budapest, Hungary on a three-year international assignment and served in the company’s Houston, TX location prior to this assignment. Prior to HP, he served in multiple accounting roles in the oil & gas industry with ConocoPhillips including technical accounting policy, SOX compliance, and internal audit. He also gained public accounting experience with PricewaterhouseCoopers, working with various clients in the energy, electric, power, gas, and utility sectors.

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Non-Member Price $33.00

Member Price $29.00