This will examine and analyze the rise of non-fungible tokens (NFTs) alongside the smart contracts that support and manage these tokens. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
DESIGNED FOR
Practitioners at all levels of the accounting function
BENEFITS
After attending this presentation you will be able to...
- Identify what NFTs are, and how they are different from other crypto assets
- Recall the accounting issues connected to NFTs
- Indicate what a smart contract is, and how they connect to NFTs
- Recognize the accounting and control issues linked to smart contracts
- Recall how NFTs are connected to smart contracts
HIGHLIGHTS
The major topics covered in this class include:
- The underlying technology and components of NFTs, including how these tokens were developed, recent headlines around these tokens, and accounting implications that have arisen
- The valuation, tax, and custody issues connected to NFTs
- Discussion around smart contracts- the blockchain application that underpins NFTs- including the accounting issues connected to these contracts
- External resources provided to provide attendees with additional content and practical advice
PREREQUISITES
None
ADVANCE PREPARATION
None