Include: Slides, 20 audited financial statements of crypto entities, Video recording

Stablecoins and Crypto Market Cap is at an all time high. More entities are owning crypto and accountants need to be aware of how to account for crypto on the balance sheet

Programme Outline
1. Crypto Accounting
What, How, and Uses of Blockchain
2. Crypto Terms – Memecoin, NFT, Layer 1, Gas Fee
3. Accounting for Crypto on the Balance Sheet
4. Crypto Currencies
5. Crypto Derivaties
6. Utility Token
7. Security Token
8. US-GAAP and IFRS Crypto Accounting Policy
9. Case-study on Listed Entities and MAS Licensed Entities
10. Crypto Sub-ledger
11. Importance of Crypto Sub-Ledger in Crypto Accounting
12. Type of Crypto Sub-Ledger Digital Tools
13. Key Considerations and Checklist for selecting and implementing a Crypto Sub-Ledger
14. Demonstration on Crypto Sub-Ledgers
15. Crypto Audit
16. RWA and Stablecoins

​On the completion of this course, you will be able to:

1. Account for cryptocurrency on the balance sheet of a company;
2. Analyse crypto accounting practices in the financial statements of listed entities and licensed crypto entities in Singapore;
3. Explain the basics of RWA and stablecoins
4. Evalute the functionality and effectiveness of crypto sub-ledger tools.
5. Understand how the key features of crypto audit and tools to perform crypto audit

​Language: English, Instructor can speak chinese

​Training Methodology:
Online with Zoom. Lecture style presentations with interactive exercises and case studies

Instructor Profile: Chan Wei Xiang. CA (Singapore)

 Wei Xiang serves as the founder of Web3 Accountant and provides consultancy services for Crypto Audits and Crypto Subledger Integration services. Wei Xiang holds a First Class Honours degree in Accountancy and an MBA from Nanyang Technological University. As a Chartered Accountant (Singapore), he has amassed extensive experience at esteemed institutions, including OKX, DigiFT, and KPMG. In his spare time, he writes articles on crypto accounting and produces educational videos on the subject.

Intended for:

1. Web3 Finance Professionals
2. Web2 Finance Professionals transitioning into Web3

A certificate of completion will be issued at the end of the training.