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Bitcoin Fundamentals: What Every CPA Should Know

2022-10-21 08:30:002022-10-21 11:00:00 ET

CPE SelectAvailable with CPE Select

# of CPE Credits

3

Description

After more than 10 years in the market place, Bitcoin has been firmly planted in the global financial system as the de facto leader in the crypto currency market. Bitcoin is no longer looked at as a mystical concept of money made of pixie dust. Bitcoin has evolved to be a major force in the financial technology (FinTech) industry. At this point in time, the total market valuation of Bitcoin is over $750 billion, and if it were a company, it would be among the top 10 companies in terms of market capitalization. As a CPA advising your clients on financial matters, it is imperative that you have a fundamental understanding of Bitcoin and how it all works. This course provides you with a solid base of Bitcoin knowledge so that you will be confidant in having those client conversations, as well as participating in the Bitcoin ecosystem. This event may be a rebroadcast of a live event, and the instructor will be available to answer your questions during the event.

Objective

After attending this presentation, you will be able to * Recognize the impact that Bitcoin and other crypto currencies are having on the global monetary ecosystem * Identify the components of the Bitcoin ecosystem and how they all work together as a global crypto currency * Recognize how you can participate in the Bitcoin ecosystem

Highlights

The major topics that will be covered in this class include * The evolution of money—barter, gold, paper, digital, crypto currency * Bitcoin defined—technology, currency, payment system, store of value * How Bitcoin works—origin, network, nodes, miners, transactions * Participating in the Bitcoin network—procuring, spending, accepting, and storing Bitcoin * Introduction to Ethereum, a substantial alternative to Bitcoin * Income tax implications of Bitcoin and other crypto currencies * Analysis of the current market value of Bitcoin and Ethereum

Who Should Attend

Anyone who is interested in the future of money or wants to participate in Bitcoin

Required Knowledge

None

Advanced Prep

None

Event Speaker(s)

John Higgins ( CPA Crossings, LLC, Rochester, MI ),

Additional Event Information

Technical Support
Contact NCACPA if you need assistance with your online program. For the quickest results, email the Online Learning Team at [email protected], and a team member will contact you shortly.

If you need assistance with internet access issues, browser capability, or when the NCACPA office is closed* please call Freestone Technical Support at 866-702-3278 or by email at [email protected] .

*NCACPA office hours are 9:00 am–5:00 pm ET. Online Learning Team members will be available via email 30 minutes prior to the start of a live online program.

Test Your System
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CPE Select Pass Policies
The CPE Select pass is available only for NCACPA members and the price is applicable for an individual user. The pass includes access to on demand and webinar programs, but excludes webcasts, “hot topic” webinars, and on demand Ethics programming. All eligible programs for the CPE Select pass will be marked in the online catalog and in promotions. Licensed CPAs who elect the student membership status must provide proof of enrollment in an advanced degree.

The CPE Select pass grants unlimited access to qualifying webinars and on demand programs on a calendar-year basis.

We anticipate a spike in webinar activity later in the calendar year, and NCACPA is not liable for third-party service outages that may occur. Please plan your CPE before 12/31 to avoid any unforeseen technology issues.

Also Available As

Webinar
2022-08-10 08:30:002022-08-10 11:00:00 ET)
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Webinar
2023-01-09 08:30:002023-01-09 11:00:00 ET)
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Event Vendor:CPA Crossings, LLC
Field of Study:Information Technology
Level: Basic

Event Type:Webinar
NASBA Instructional Method:Group Internet Based
Event Code:WB083722

Registration Fees

RegistrationEarly BirdRegular
CPE SelectN/A$0.00
NCACPA MemberN/A$120.00
Non-MemberN/A$155.00
CPE Sponsors LogoThe North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.

For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.