NAA2335. Digital Assets

The digital asset space is an evolving area, presenting practitioners with unique risks and complex challenges. This session will highlight the latest accounting and auditing hot topics applicable to crypto assets and will provide information for financial statement preparers or auditors who are interested in learning more about how to account for and audit digital assets. We will dive into the efforts by the FASB, SEC, and AICPA to provide further accounting and auditing guidance, and provide insights on possible future developments in the crypto asset marketplace.

Learning Objectives:

• Identify hot topics in the accounting for and auditing of crypto assets
• Recall efforts of the SEC, FASB, AICPA, and others to develop accounting and auditing guidance applicable to crypto assets
• Recognize possible future developments in, and use cases for, crypto assets