Price:
R891.25 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
IFRS
Lecturer:
Tristan David-Crewe White
Duration:
210 Minutes
Additionals:
R891.25 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
IFRS
Lecturer:
Tristan David-Crewe White
Duration:
210 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
Cryptocurrency is more than just an emerging digital technology, it is how many businesses are starting to tender for payment or receive payment as part of the day to day transactions they enter into. Are you as an accountant ready to provide guidance or as auditor, do you know what the most appropriate treatment for this should be?
Accountants are still up in arms about how to deal with this emerging technology in terms of the accounting and later reporting in financial statements.
Let’s explore the various proposed approaches for possible accounting treatments, based on IFRS accounting standards.
Content:
The following aspects will be considered in terms of how to deal with cryptocurrency from an accounting perspective:
- Introduction to cryptocurrency
- Definitions / scoping – Various IFRS Standards
- Recognition – Various IFRS Standards
- Initial and Subsequent Measurement – Various IFRS Standards
- Presentation and Disclosure – Various IFRS Standards