New Crypto Assets Accounting and Disclosure Requirements: Implementing ASU 2023-08
Scope, Measurement, and Financial Statement Presentation Under the New Standard
Recording of a 110-minute CPE video webinar
This webinar will closely examine ASU 2023-08, Accounting for and Disclosures of Crypto Assets. Our knowledgeable panel of accounting and auditing professionals will describe each component of the new ASU and explain the steps to transition to the latest reporting guidelines for those responsible for preparing and reviewing financial statements.
Outline
- New ASU 2023-08, Accounting for and Disclosures of Crypto Assets: introduction
- Background
- Scope
- Measurement
- Financial statement presentation
- Disclosures
- Making the transition
Benefits
The panel will cover these and other critical issues:
- Identifying assets subject to the crypto reporting requirements of ASU 2023-08
- Transitioning crypto assets to the fair value reporting requirements
- New disclosure requirements under ASU 2023-08
- Examples of financial statement reporting of crypto assets
Faculty
Jed Lee, CPA, MBA
Sr. Advisory Associate
Cherry Bekaert Advisory
Mr. Lee advises on and supports the development and execution of comprehensive IPO strategies for companies preparing... | Read More
Mr. Lee advises on and supports the development and execution of comprehensive IPO strategies for companies preparing to go public, ensuring alignment with corporate goals and regulatory requirements. He alos provides in-depth technical accounting guidance on complex transactions and financial events, ensuring accurate reporting and compliance with US GAAP, IFRS, and SEC regulations.
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Graham Michitsch, CPA
Senior Manager Risk Accounting & Advisory Services
Cherry Bekaert Advisory
Mr. Michitsch is a Senior Manager in the Risk Accounting & Advisory Services practice with more than 12 years of... | Read More
Mr. Michitsch is a Senior Manager in the Risk Accounting & Advisory Services practice with more than 12 years of experience in public accounting, consulting, and industry. As a member of the Accounting Advisory Services group, he leads client engagements by providing digital asset transformation, controllership, strategic project execution, and accounting process implementation and optimization. Mr. Michitsch brings a unique combination of public accounting and innovative industry leadership positions to our clients. Prior to joining Cherry Bekaert, he held various finance leadership positions across several industries including utility construction, hospitality, blockchain, and eCommerce. Mr. Michitsch began his career at a Big Four accounting firm and has extensive accounting and advisory experience across healthcare and life sciences, financial services, and startups industries
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CPE credit is not available on downloads.
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