This conversation is timely as it addresses the urgent need for accountants to upskill and adapt to these new technologies. Umar Mallam Hassam's insights provide practical guidance on navigating these challenges, making this discussion highly pertinent for finance professionals looking to stay ahead in the ever-evolving landscape of digital assets.
- Understanding Blockchain from an Accounting Perspective
- Core Issues in Crypto Accounting
- Educational resources for accountants
- Financial reporting in Crypto
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Watch and learn from an international group of industry leaders at the forefront of Crypto Accounting
Umar Mallam Hassam
Founder
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How to Comply with Revenue Procedure 2024-18
The IRS’s new rules are here—are you ready? The IRS is enforcing significant changes to crypto accounting starting January 1, 2025, with the introduction of Rev. Proc. 2024-28. These rules require companies to adopt account-based or connection-based cost basis methodologies, replacing the universal approach. In this webinar, Richard Pasquin, Co-Founder of Cryptoworth, explains what these changes mean, the decisions your company must make, and how to execute the transition smoothly. With Cryptoworth subledger solution, compliance becomes a streamlined, manageable process.
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