Non-Fungible Tokens (NFTs) - Implications for Practitioners

Course Details

Date

Monday, March 20, 2023

7:00am – 8:00am (Registration: 10:05am)

Location

Online

Field of Study

Technology

CPE Credit

1 hour CPE credit

Level of Knowledge

Overview

Vendor

CPA Crossings

Prerequisites

None

Description

This will examine and analyze the rise of non-fungible tokens (NFTs) alongside the smart contracts that support and manage these tokens. 
 
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

The major topics covered in this class include:

  • The underlying technology and components of NFTs, including how these tokens were developed, recent headlines around these tokens, and accounting implications that have arisen
  • The valuation, tax, and custody issues connected to NFTs
  • Discussion around smart contracts- the blockchain application that underpins NFTs- including the accounting issues connected to these contracts
  • External resources provided to provide attendees with additional content and practical advice

Objectives

After attending this presentation you will be able to...

  • Identify what NFTs are, and how they are different from other crypto assets
  • Recall the accounting issues connected to NFTs
  • Indicate what a smart contract is, and how they connect to NFTs
  • Recognize the accounting and control issues linked to smart contracts
  • Recall how NFTs are connected to smart contracts

Designed For

Practitioners at all levels of the accounting function

Registration for this course has passed.

Course Pricing

WYOCPA Member Fee
$49.00

Non-Member Fee
$64.00

Your Price
$64.00

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