22WC-0954: Digital Currency Revolutions: Bitcoin and Cryptocurrencies (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Date
Friday, December 9, 2022
Time
10:00am
-
1:30pm
Central Time
Location
Online
CPE credits
CPE
4.0
Field(s)
of study
Accounting - Technical (4.0)
Instructor
Ronald Baker
VeraSage Institute
Fees
|
Standard Member Fee |
$149.00
|
|
Standard Nonmember Fee |
$199.00
|
Description
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.
Who should take this program?
Accounting and financial professionals.
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
Course code
Code
22WC-0954
Sponsor
NASBA ID#: 104822
Level
Overview
Format
Group Internet Based
Prerequisites
Prereq.
None
Advance
prep
None
If you have questions about this event, please call us at 952-831-2707.
