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Crypto Assets and the Investment Management Industry

Provider: HSI

Length: 90 minutes

Accounting 1.5 CPE Credits Overview QAS self study
Dive into the world of cryptocurrency accounting with this CPE-eligible (1.5 CPE) accounting for cryptocurrency CPE course, designed to equip accounting and audit professionals with the knowledge to navigate this rapidly evolving asset class. Bitcoin, launched in 2009, remains the most widely held cryptocurrency, boasting a market capitalization of over $2 trillion at the time of this course’s publication. Despite its prominence, it took the FASB 14 years to release accounting guidance (ASU 2023-08), which becomes effective in 2025. This engaging eLearning course begins with an introduction to crypto assets, offering examples and a discussion of their classification under U.S. GAAP. You’ll explore the accounting for cryptocurrency and disclosure of crypto assets as defined in ASC 350-60. Additionally, the course covers specialized accounting for investment companies under ASC 946, highlighting the interplay between ASC 350-60 and ASC 946 for entities managing crypto assets. If your organization or clients hold crypto assets, this accounting for cryptocurrency CPE course provides the insights you need to understand their accounting and disclosure requirements.

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