August Town Hall: Blockchain, Digital Assets and the Profession: Preactive, Proactive, Reactive or Inactive? Webcast

The FASB has recently placed accounting for cryptocurrencies on its technical agenda. Crypto investors are plagued by exchanges and lending platforms failures, and values that are down 65% from their highs. So-called stablecoins are not very stable, and efforts for more reporting are in place. Many central banks around the world are in various stages of rolling out their Central Bank Digital Currencies (CBDC). Is this the trough of disillusionment on its way to enlightenment and productivity? During this town hall, learn about the phenomenon known as blockchain (or distributed ledger technologies) and best practices for its use, discuss accounting for cryptoassets like Bitcoin and NFTs, and gather approaches to auditing blockchain and cryptocurrencies.