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Cryptographic assets are a relatively new reality. Despite existing for about a decade, such assets have taken the world and Malta by storm during the past couple of years, and have caught accountants unawares. At date of writing, accounting guidance is new and/or limited. The seminar will look into the most appropriate accounting treatment of various cryptographic assets based on the guidance available at the date of the seminar.
The training course is specifically targeted to accounting professionals and students who are interested in learning about cryptographic assets, and specifically how it is most appropriate to account for such assets.
Participants attending this course are expected to have a basic understanding of both double entry and financial reporting.
30th August 2019
13:45 – Registration
14:00 – 15:30 – Part 1
15:30 – 15:45 – Coffee Break
15:45 – 17:00 – Part 2
17:00 – 17:15 – Question time
3 core hours
- An introduction to the concept of blockchain.
- A description of various cryptographic assets.
- Accounting for various cryptographic assets.
- An analysis of practical issues and contrasting views.