Cryptocurrency Basics for Accountants
Presenters : Andoni Nicolau
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?
Learning objectives & competencies developed
By attending this webinar you will develop the following competencies:
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Understand what cryptocurrencies are.
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A foundational understanding of blockchain technology and its current use.
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Aware of the investment opportunities in the market (NFTs, Metaverse, utility tokens etc.).
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Advise clients about the tax treatment of cryptocurrency transactions according to SARS.
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Updated on the latest regulatory developments in the cryptocurrency market.
Content
The webinar will cover the following topics:
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What is cryptocurrency?
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Blockchain technology.
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NFTs and the Metaverse economy.
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Accounting for cryptocurrencies.
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Taxation matters.
