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Key Considerations For Setting Up A Crypto Payment System

Thursday, August 15
 5:00pm - 6:00pm

(Check-In 4:55pm)

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Online

1.00 Credits

Member Price $55.00

Non-Member Price $75.00

Overview

Key factors and considerations for organizations seeking to implement a cryptocurrency-based payment system. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Objectives

After attending this presentation you will be able to...

  • Identify key components of any crypto payment system
  • Recognize opportunities connected to a crypto payment system
  • Recall some of the challenges linked to crypto payments
  • Distinguish the types of crypto assets that can be used for crypto payments
  • Indicate the accounting issues linked to implementing a crypto payment system

Highlights

The major topics covered in this class include:

  • Examine and walk through the primary considerations that any company seeking to implement a crypto payment system will need to keep in mind
  • Specific steps, the opportunities, and the challenges connected with implementing a crypto payment system
  • Documenting accounting implications
  • External resources will be provided in order additional context and information

Designed For

Practitioners at all levels of the accounting function

Prerequisites

None

Preparation

None

Notice

You will receive an email from CPA Crossings via Webex with instructions to access the webinar.

Leader(s):

Leader Bios

Sean Smith, Lehman College

Sean is an assistant professor at the City University of New York – Lehman College. He serves on the Advisory Board of the Wall Street Blockchain Alliance, where he chairs the Accounting Working Group. Sean sits on the Advisory Board of Gilded and is a strategic advisor to the Central Bank Digital Currency Think Tank. He is the immediate past chairperson of the NJCPA’s Emerging Technologies Interest Group (#NJCPATech), is the President of the NYSSCPA Manhattan-Bronx Chapter, and is a member of the NJCPA Board of Trustees. Sean also serves on the Board of Governors of Fairleigh Dickinson University. Sean has also been named one of the Top 100 Most Influential People in Accounting, and has been named a past winner of the NJCPA Ovation Award for Innovation. He has also been named a 40 under 40 in the accounting profession from 2017-2021 by CPA Practice Advisor and the NYSSCPA in 2021. Sean was named on the NJBIZ Power 50 in Accounting in 2021. He was also awarded the Outstanding Young CPA of the Year Award by the AICPA in 2022. He has served as a Visiting Research Fellow at the American Institute for Economic Research (AIER), and has a book forthcoming with the Institute, due for publication in 2022. Sean has developed and presented courses on Artificial Intelligence, Cryptoassets, and Blockchain for both the AICPA and IMA. He has also delivered presentations and training sessions for the PCAOB, the FDIC, the AICPA, multiple state accounting societies, and guest lectures at nearly 20 colleges and universities.

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Non-Member Price $75.00

Member Price $55.00