Description
As Blockchain technology moves into the present, it will have a permeating impact on businesses and accounting firms worldwide. Join us as we discuss fundamental concepts in blockchain; its implications on firms and clients, and how firms can prepare for the advisory opportunities created with blockchain technologies. With 8-14% of US tax payers owning crypto currencies, we will also discuss what you need to know about virtual currency tax preparation.
Learning Objectives:
- Understand the key components of blockchain and discuss use cases and their impact on the accounting profession
- Discuss the evolution of audit
- Gain insight into the latest developments in crypto asset tax
- Recognize the unique challenges of crypto tax accounting and how to guide clients
- Leverage crypto tax preparation tools to aggregate client transaction data and calculate capital gains and losses
Speaker(s):
Category:
Concurrent Session (Onsite and Online)