24WI-0058: Accounting for Digital Assets Under U.S. GAAP, Part IV (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Wednesday, April 10, 2024
11:00am - 12:00pm Central Time
1 CPE (1 technical)
As you or your clients start to explore new ways to transact with crypto assets, one of the many possibilities is through involvement with crypto lending and borrowing. Gaining an understanding of the process of lending and borrowing crypto assets is the first step. This webcast provides the fundamentals related to these transactions and considerations for accounting from the perspectives of both lender and borrower. This webcast is part four of a series that will bring to life the content incorporated in the AICPA practice aid Accounting for and Auditing of Digital Assets. This webcast will walk you through the process of borrowing and lending crypto assets, crypto lending accounting considerations including derecognition models, and crypto borrowing accounting considerations including how to account for the obligation. Whether you're a CPA working with clients or an industry accountant responsible for corporate accounting policy, this webcast will give you a clear path to help your clients or entity by applying the appropriate accounting standards to your digital asset crypto lending and borrowing activities. Detailed examples and use cases will demonstrate the real-world application of this guidance. Learn valuable information to open your world of crypto assets even more.
Major subjects
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What is crypto lending?
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The meaning of commonly used crypto lending terms
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How the nature of the crypto asset and the terms of the lending arrangement affect accounting arrangements
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Which disclosures are applicable based on the facts and circumstances
Learning objective(s)
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Identify the process of borrowing and lending crypto assets
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Determine how lenders should account for crypto lending arrangements
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Recognize how borrowers should account for crypto lending arrangements
Who should take this program?
Public accounting professionals, management accountants, consultants with financial clients, financial services professionals
Fees
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nonmember.
If you register, you will be charged
$82.00
(Standard Nonmember Fee).
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Standard Member Fee |
$71.00
|
 Standard Nonmember Fee |
$82.00
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