Accounting for digital assets under US GAAP: Specialized accounting, fair value, and stablecoins - Society of Louisiana Certified Public Accountants

Overview

In this webcast, you’ll learn how to apply the AICPA Digital Assets Working Group’s practice aid to help account for digital assets.

Guidance on how to account for digital assets

Fair value of digital assets under FASB ASC 820

Accounting for stablecoins

Specialized industry practice for digital asset accounting

None

Public accounting professionals

Management accountants

Consultants with financial clients

Financial services professionals

Recall guidance on how to account for digital assets under U.S. generally accepted accounting principles (GAAP).
Determine how reporting entities that apply specialized industry guidance should account for their involvement with digital assets.
Identify factors that affect the fair value measurement of digital assets under FASB ASC 820.
Determine how stablecoins are accounted for under GAAP.