Overview     

The announcement by the FCSA on 20 October 2022 that crypto assets a.k.a. cryptocurrencies, were now recognised as a financial product naturally brought with it questions from accounting professionals. The main questions were: 

• What is the tax treatment of transactions involving this financial product? 

• What is the accounting treatment of crypto assets? 

This webinar aims to fully answer the second question by first delving into the background of cryptocurrencies, followed by a comprehensive discussion on the correct IFRS-based accounting treatment of transactions involving cryptocurrencies and other digital assets.  Join Nestene Botha CA(SA) on 13 April 2023 from 9:00 a.m. to 11:00 a.m. to learn how you should be accounting for crypto assets for yourself and for your clients.  

Learning objectives    

   By attending this webinar you will gain the following competencies: 

• Knowledge of what can be classified as a crypto asset/ cryptocurrency. 

• A basic understanding of the technology that drives crypto assets, i.e. blockchain. 

• Foundational knowledge of digital assets and related concepts such as the metaverse, NFTs, and utility tokens. 

• Practical knowledge of the accounting treatment of transactions involving crypto assets. 

• Awareness of the alternatives available when accounting for cryptocurrencies from the perspective of the holder. 

Content   

   The webinar will cover the following foundational to intermediate topics:  

• What is cryptocurrency? 

• View of the IASB. 

• How to account for cryptocurrencies from the perspective of the holder.  

• Alternatives available for reporting purposes. 

• Other guidance currently available. 

Obtaining your CPD certificate   

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA. 

All attendees are issued with a CPD certificate available in an online profile.   

 About the presenter  

Nestene Botha CA(SA) 

Nestene Botha completed her B.com (Hons) at North West University in 2012. In 2014 she completed her professional articles and her Master's Degree in Chartered Accountancy. She then registered with SAICA as a Chartered Accountant in 2015. 

Nestene has lectured on the audit programme at the University of Cape Town. She started her own audit, tax & accounting practice which she has since grown into a reputable firm in the Table View area with 60 clients and two staff members. 

 Who should attend?   

   The following persons will benefit from attending this webinar: 

• Professional accountants such as CA(SA), BAP(SA), AGA(SA), Professional Accountant (SA), FCCA, BA(SA) and ACCA. 

• Registered auditors. 

• Accounting officers. 

• Bookkeepers. 

• Trainee accountants. 

• Independent reviewers. 

Price                 

• R 450.00 - Online admission - Individual. 

Group Bookings:

• From 184 per person (2 to 5 attendees)
• From 121 per person (6 to 10 attendees)
• From 109 per person (11 or more attendees)

Steps to register for the event:   

If you already have a profile, login and register for the webinar.  

If you don’t have a profile, create a free profile then login and register for the webinar.  

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series).  

Click here  to find out about the Technical Resource Centre & CPD Subscription options.  

 Additional material  

   By attending this webinar you will be provided with:  

• Summarised slide presentation;  

• Detailed course material; 

• Source documents for reference/resource library; and   

• You can ask questions during the webinar and you will also have access to the presenter after the webinar.