Crypto currency is likely here to stay. Businesses and consumers across the globe are quickly adopting cryptocurrencies in day-to-day transactions. And many organizations, and their accountants, are scrambling to catch up with this evolving technological innovation. In this course, we will explore the world of crypto currency from an accountant’s perspective to understand the various forms, risks, accounting treatments and enforcement trends. As adoption continues, it’s critically important that accounting professionals understand this new medium of currency and what responsible adoption looks like for the companies, large and small, that they serve.
History of cryptocurrencies. Forms of Cryptocurrency. Trading Crypto how to. Fiat vs. non-fiat currency. Balance sheet considerations. Fraud risks and regulatory enforcement trends. Legislative update. Advising clients on Crypto.
Accountability professionals working with government contractors, CPAs with government contractor clients and CPAs interested in learning how to add CMMC advisory and assurance services as new practice offerings.
Define and learn the history of cryptocurrencies, explain various forms and how crypto is traded. Differentiate between Fiat vs non-fiat currency. Knowledge of balance sheet considerations such as where does crypto sit, fraud risks, and regulatory enforcement trends. Create awareness of Legislative discussions about formal federal regulation. Explain how to comply with the IRS and advice CPAs can give their business clients.
C Davis Jr
C. Clinton Davis, CPA, JD, is a partner in the Dallas, Texas law firm of Krage & Janvey, LLP. He is a frequent presenter at continuing education programs for both accountants and lawyers, including not-for-profit organizations, partnership and real estate planning. He is the author of Texas Society of Certified Public Accountants (TSCPA) courses, Fundamentals of LLC and Partnership Taxation, and Tax Planning for Real Estate and Small Business. Clint is Board Certified in Tax Law by the Texas Board of Legal Specialization. He represents numerous pass-through and charitable entities. Clint has served as program chair or presenter on several ACPEN programs in the areas of tax, not-for profit and business entities.
Non-Member Price $159.00
Member Price $129.00