Workshop Overview 

The cryptocurrency market, with its unprecedented market capitalization and the pervasive rise of stablecoins, is fundamentally reshaping the financial landscape. An increasing number of corporations, investment funds, and financial institutions are now holding digital assets on their balance sheets, creating an urgent and critical need for accountants and finance professionals to master the complexities of crypto accounting. This intensive workshop is designed to bridge that knowledge gap, providing a comprehensive foundation in the principles and practices of accounting for digital assets under leading frameworks like US-GAAP and IFRS. We will move beyond theory to practice, incorporating the analysis of 20 audited financial statements from real-world crypto entities to illustrate how these standards are applied in live environments. We will learn how to use leading free tools to check historical balances and understand blockchain explorers as these are critical skillsets of a finance professional in the crypto industry.

This program offers a deep dive into the entire crypto accounting and audit lifecycle, from initial recognition and classification of various digital assets—including cryptocurrencies, derivatives, and utility tokens—to the implementation of essential operational tools. A significant focus will be placed on the critical role of the crypto sub-ledger, exploring its importance, the different types of digital tools available, and the key considerations for selecting and implementing the right solution for your organization. Through case studies on listed entities and MAS-licensed firms, a live demonstration of sub-ledger tools, and dedicated modules on crypto auditing, Real-World Assets (RWA), and stablecoins, participants will gain the practical skills and confidence needed to navigate this dynamic asset class with accuracy and compliance

Event Outline (Thematically Grouped)

Module 1: Crypto Fundamentals & Accounting Standards

· Introduction to Blockchain: What, How, and Uses

· Demystifying Crypto Terminology: Memecoin, NFT, Layer 1, Gas Fee

· Accounting for Crypto on the Balance Sheet

· Deep Dive into Digital Assets: Crypto Currencies, Derivatives, Utility Tokens, Security Tokens

· Regulatory Frameworks: US-GAAP and IFRS Crypto Accounting Policy

Module 2: Practical Application & Case Studies

· Real-World Analysis: Case-study on Listed Entities and MAS Licensed Entities (using 20 audited financial statements)

Module 3: Operational Tools & Implementation

· The Core of Crypto Accounting: The Crypto Sub-ledger and its Importance

· Toolbox Overview: Types of Crypto Sub-Ledger Digital Tools

· Selection & Implementation: Key Considerations and Checklist

· Live Demonstration of Crypto Sub-Ledgers

Module 4: Advanced Topics & Assurance 

· Ensuring Integrity: Crypto Audit, Key Features, and Tools

· Emerging Trends: RWA (Real-World Assets) and Stablecoins 

Key Takeaways

Upon completion, attendees will be able to: 

· Correctly account for and classify various crypto assets (currencies, derivatives, tokens) under relevant accounting standards.

· Critically analyze and interpret the crypto accounting practices within the financial statements of major entities.

· Evaluate, select, and implement a specialized crypto sub-ledger to ensure accurate financial tracking and reporting.

· Understand the core procedures and tools involved in a crypto audit and explain the mechanics of stablecoins and RWA.

Who Should Attend

· Web3 Finance Professionals: Accountants, auditors, and finance managers within cryptocurrency companies, exchanges, or funds seeking to formalize and deepen their accounting expertise.

· Web2 Finance Professionals Transitioning into Web3: Corporate accountants, auditors, and financial analysts from traditional finance ("Web2") who are encountering digital assets in their work or seeking to move into the blockchain industry.

7 CPD HRs