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.
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