BAN2310. FinTech Accounting and Audit Hot Topics

This session will cover accounting auditing hot topics impacting FinTech companies. We will focus on the following topics:

• Gross vs Net considerations and financial statement presentation

• Application of ASC 326 to crypto native lending

• SAB 121 and FASB's crypto assets project

• Use of third parties, including service organizations

Learning Objectives:

• Analyze and differentiate between gross and net considerations in accounting and financial statement presentation as they apply to FinTech companies
• Apply ASC 326 to evaluate the accounting treatment of crypto native lending activities within FinTech companies