Cryptocurrency Risk Financial Statement Disclosure Requirements (Completed)
Date: Wednesday, January 14, 2026
Instructor: Robert K Minniti
| Begin Time: |
11:00am Pacific Time
12:00pm Mountain Time
1:00pm Central Time
2:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs |
|
With all of the issues with cryptocurrency volatility and frauds, and the release of the SEC Staff Accounting Bulletin No. 121, and the release of the FASB Board Decisions on accounting for crypto assets, the GENIUS Act, and the IRS concentration on reporting crypto assets, companies need to review their financial note disclosures if they received, or disposed of cryptocurrencies, or if they maintain crypto assets on their balance sheet even if they had no transactions in the current year.
This course will cover the required disclosure risks, known pending legislation or possible regulations, and other risks that companies using or holding crypto currencies should be discussing in their notes to the financial statements.
Who Should Attend
This course is appropriate for CPAs, CMAs, CIAs, CGMAs, CFEs, MAFFs, internal auditors, external auditors, managers, CFOs and others responsible for accounting for, or auditing crypto assets & liabilities.
Topics Covered
- Crypto Assets
- Crypto Currency
- Financial Statement Disclosures
- SEC Requirements
- FASB Requirements
- GENIUS Act Requirements
Learning Objectives
- Identify the requirements for disclosing crypto risks
- Identify basic financial statement disclosures for crypto
- Identify requirements in the GENIUS Act
Level
Basic
Instructional Method
Group: Internet-based
NASBA Field of Study
Accounting (2 hours)
Program Prerequisites
None
Advance Preparation
None
