Financial Reporting for Preparers (FRfP) Webinar
SFRS(I) Updates 2024 – Accounting for Cryptoassets
– Date: Wednesday, 11 December 2024
– Time: 2.30pm to 3.30pm
– CPE Hour*: 1 Hour

Bitcoin price has surged to an all-time high since 5th November 2024 as the market embraces Donald Trump’s decisive U.S. presidential election victory. Growing interest from institutional investors especially since the U.S. approved the Bitcoin exchange-traded funds (EFTs) has also fuelled Bitcoin’s value. Other cryptocurrencies such as Ethereum have joined the Bitcoin rally.

How would you account for the gains in your investments in cryptocurrencies? Is the accounting different if you are a broker-trader? Are all crypto assets cryptocurrencies or are there other types of crypto assets? Which accounting standards apply to Cryptoassets?

Do join me at our 4th FRfP webinar for 2024 where you will have an opportunity to ask your questions on the accounting for Cryptoassets.

This is part of CLA Global TS series of FRfP webinars on Financial Reporting, developed to make simple the complexities of Financial Reporting Standards (FRS), to bring to your attention areas of focus, common pitfalls and to help you address practical challenges and implementation issues.

Registration

Speaker

Lim Ju May
Director, Assurance and Technical Accounting
CLA Global TS