Overview     

Even though crypto assets have been around for more than a decade now, the public, (including accountants, auditors and tax practitioners), still raises questions on certain aspects of this technology. 

A common question accountants have is how to treat cryptocurrencies and any earnings that are derived from them. And what is SARS' view regarding taxation? How should one advise a client who wants to invest on the crypto market? 

We have invited Andoni Nicolau and Shehnaaz Suleman to present on these important considerations about cryptocurrencies on 26 July 2022 from 10:00 a.m. to 11:00 a.m. Andoni and Shehnaaz will also provide a basic understanding of blockchain technology, investment options on the crypto market, and finally, bring you up to speed on cryptocurrency tax matters and regulatory developments.

Learning objectives  & competencies developed 

   By attending this webinar you will develop the following competencies:   

• Understand what cryptocurrencies are.

• A foundational understanding of blockchain technology and its current use.

• Aware of the investment opportunities in the market (NFTs, Metaverse, utility tokens etc.).

• Advise clients about the tax treatment of cryptocurrency transactions according to SARS.

• Updated on the latest regulatory developments in the cryptocurrency market.

Content   

   The webinar will cover the following topics:   

• What is cryptocurrency? 

• Blockchain technology. 

• NFTs and the Metaverse economy. 

• Accounting for cryptocurrencies. 

• Taxation matters. 

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, SAIBA, SAICA and SAIPA. 

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

 About the presenter 

Andoni Nicolau 

Andoni is the head of Digital Assets at Jaltech and is an Actuarial Science and Statistics graduate from Wits University. In addition, Andoni has completed various bitcoin and cryptocurrency courses through international universities.  Professionally, Andoni has been active in the cryptocurrency industry since 2016, during which time he has invested and traded for private clients.  

With his background and experience Andoni joined Jaltech with the goal of making cryptocurrency investments accessible and understandable to the regulated market. 

Shenaaz Suleman 

Shehnaaz Suleman is a partner in BDO Financial Services in the IFRS Technical department at BDO South Africa. She has 10 years’ experience in the technical accounting space, with a focus on financial service entities. She has previously worked in the departments of professional practice in two of the big 4 audit firms and was a key member of the technical accounting team. She was responsible for providing technical accounting guidance and supported the audit teams across Africa as well as in the UK. Part of this role involved heading up an IFRS 17 Centre of Excellence globally where practical challenges and differences in interpretation of the new requirements were discussed and debated.  

Who should attend?   

   The following persons will benefit from attending this webinar:   

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

• Registered auditors. 

• Accounting officers. 

• Trainee accountants. 

• Investors. 

  Price               

• Individual Booking: R450.00  

• Company Booking: 

  • R950.00 - Group Price 1 (Maximum of 5 attendees). 

  • R1 850.00 - Group Price 2 (Maximum of 10 attendees) 

  • R2 650.00 - Group Price 3 (Maximum of 15 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.