There are several unique accounting issues associated with cryptocurrency. In the Accounting for Cryptocurrency course, we provide background information about the nature of cryptocurrency, blockchains, cryptocurrency wallets, pool mining, and cloud mining, and then delve into the related accounting issues. This crypto tax course addresses the classification of cryptocurrency, as well as cost basis tracking, accounting for cryptocurrency mining, and much more. This is the go-to guide for those who have questions about how to account for cryptocurrency.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Identify the characteristics of a cryptocurrency.
Specify the characteristics of a cryptocurrency wallet.
Recall how the proof of work method functions.
Specify the expenses incurred by a cryptocurrency miner.
Recall how cryptocurrency assets are classified for accounting purposes.
Major Topics
The Nature of Cryptocurrency
What is Cryptocurrency?
Cryptocurrency Exchanges
Cryptocurrency Miner Revenues and Costs
Investing in Cryptocurrency
Accounting for Cryptocurrency
