Author : | Kelen Camehl, CPA, MBA |
Course Length : | Pages: 16 ||| Word Count: 5907 ||| Review Questions: 5 ||| Final Exam Questions: 5 |
CPE Credits : | 1.0 |
IRS Credits : | 0 |
Price : | $12.95 |
Passing Score : | 70% |
Course Type: | NASBA QAS - Text - NASBA Registry |
Technical Designation: | Technical |
Primary Subject-Field Of Study: | Accounting - Accounting for Course Id 2282 |
Description : | This course provides an overview of the accounting and financial reporting requirements with respect to crypto assets. This includes a discussion of the types of assets that are within the scope of the guidance for crypto assets along with recognition, presentation, and disclosure requirements. |
Usage Rank : | 0 |
Release : | 2024 |
Version : | 1.0 |
Prerequisites : | None. |
Experience Level : | Overview |
Additional Contents : | Complete, no additional material needed. |
Additional Links : |
Cryptocurrency Explained With Pros and Cons for Investment
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Advance Preparation : | None. |
Delivery Method : | QAS Self Study |
Intended Participants : | Anyone needing Continuing Professional Education (CPE). |
Revision Date : | 22-May-2024 |
NASBA Course Declaration : | Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam. |
Approved Audience : | NASBA QAS - Text - NASBA Registry - 2282 |
Keywords : | Accounting, Reporting, Crypto, Assets, cpe, cpa, online course |
Learning Objectives : |
Course Learning Objectives Upon completion of this course, you will be able to:
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Course Contents : | Chapter 1 - Accounting and Reporting for Crypto Assets Course Learning Objectives Course Overview Introduction Overview of Crypto Assets U.S. GAAP Guidance Scope Criteria for Crypto Assets #1 – Meet the Definition of an Intangible Asset #2 – No Enforceable Rights or Claims Related to Goods & Services #3 – On Distributed Ledger Based on Blockchain (or Similar) Technology #4 – Secured Through Cryptography #5 – Fungibility #6 – Not Created/Issued by the Reporting Entity (or Related Parties) Scope Application Examples Review Questions Recognition of Crypto Assets Presentation Requirements Disclosure Requirements Private Company Considerations Conclusion Review Questions Glossary of Key Terms |