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22WC-0954: Digital Currency Revolutions: Bitcoin and Cryptocurrencies (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Friday, December 9, 2022
10:00am - 1:30pm Central Time
4 CPE (4 technical)

Understand why digital currencies matter and how best to advise clients. A $100 investment in Bitcoins in 2010 would be worth over $75 million today. What created this unfathomable explosion in value? Each day over 1,000,000 unique Bitcoin transactions are processed. Companies of all sizes now accept Bitcoins as payment. Auditors, tax preparers and advisors must understand the changes orchestrated by Bitcoins and their digital currency cousins.

Major subjects

  • What is money and why cryptocurrencies matter
  • What is the blockchain and how its use is changing how business verifies transactions and values
  • How is cryptocurrency audited
  • What are the IRS rules relating to Bitcoin
  • Current update as to whether Bitcoin is moving towards money or will it remain viewed as property
  • Bitcoin alternatives, ICOs and their future global footprint

Learning objective(s)

  • Identify what a blockchain currency is and what it isn't.
  • Recognize how the IRS taxes Bitcoin.
  • Determine the current accounting and auditing best practices for digital currencies
  • Identify what a digital wallet is, how to create one, and how to exchange Bitcoins for dollars.
  • Understand the non-currency value of the Distributed Ledger Technology

Who should take this program?

Accounting and financial professionals.

Fees

Our records indicate you are a nonmember. If you register, you will be charged $199.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $149.00
checkmarkStandard Nonmember Fee $199.00

More program information

Instructor Ronald Baker
Location Online
Area
of study
Information technology
Field(s)
of study
Accounting - Technical (4.0)
Level Overview
Format Group Internet Based
Sponsor CalCPA Education Foundation
NASBA ID#: 104822
Prerequisites Prereq. None
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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If you have questions about this event, please call us at 952-831-2707.