Schedules Introduction Objectives Training Methodology Organisational Impact Personal Impact Outline

Home / Finance & Budgeting / Accounting for Cryptocurrencies – From Basics to Practical Application

Course Schedule

Classroom Sessions:

Date	Venue	Fees
06 - 10 Oct 2025	Dubai - UAE	$5,950
15 - 19 Dec 2025	London - UK	$5,950
13 - 17 Apr 2026	London - UK	$5,950
27 - 31 Jul 2026	Dubai - UAE	$5,950
05 - 09 Oct 2026	Dubai - UAE	$5,950
14 - 18 Dec 2026	London - UK	$5,950

Course Description

INTRODUCTION

Since 2009, cryptocurrencies have emerged as digital assets produced by computer programs, operating without control from any government or central bank. They function as peer-to-peer exchange mediums via the internet, relying on blockchain technology.

With rapid technological advancements, cryptocurrencies have become integral to the global economy, used by businesses and individuals for payments and investments.

This widespread adoption necessitates a clear accounting framework to ensure accurate and transparent handling of these digital assets.

Cryptocurrency accounting requires specialized knowledge due to their unique characteristics, such as extreme volatility and lack of central regulation, posing challenges for accountants and auditors.

This GLOMACS training course offered equips participants with the tools and international accounting standards needed to record and evaluate cryptocurrencies according to global best practices.

Whether you are an accountant, auditor, or financial officer in a company leveraging this technology, this training course will provide advanced practical skills. It also helps organizations avoid financial and legal risks associated with improper accounting documentation of these assets.

Objectives

Introduce participants to the concept of cryptocurrencies and their role in the modern financial system.
Discuss challenges associated with cryptocurrencies.
Explain international accounting standards (IFRS) related to cryptocurrencies recording.
Train participants on accounting valuation methods for cryptocurrencies (Historical cost vs. Fair value).
Practical application through real-world case studies in financial statements.

Training Methodology

Interactive lectures with experts in accounting and digital finance.
Hands-on workshops using specialized accounting prblems.
Case studies from global companies.
Discussion sessions for knowledge exchange among participants.

Organisational Impact

Gain advanced accounting skills in cryptocurrency handling.
Enhance employability in tech and investment firms.
Understand financial and legal risks and avoid common pitfalls.

Personal Impact

Improve financial reporting quality and transparency.
Mitigate risks linked to poor documentation.
Build investor and regulatory trust.

Course Outline

DAY 1

Introduction to Cryptocurrencies Basics

What are cryptocurrencies?
Differences between digital currencies and fiat currencies.
Distinctions between cryptocurrencies and other digital assets.
Types of cryptocurrencies (Bitcoin, Ethereum, etc.).
Unique features and advantages of cryptocurrencies.
Blockchain technology and acquisition methods.
Challenges: economic, legal, and tax-related issues.
Global regulatory framework and country-specific stances.

DAY 2

Accounting for Cryptocurrencies in Ledgers

Classifying cryptocurrencies based on business models:
- As inventory.
- As intangible assets.
- As financial instruments.
Accounting treatment per business model.
- Recording purchase/sale transactions.
- Relevant IFRS standards (IFRS 9, IAS 38, IAS 2).
- Key accounting challenges.

DAY 3

Cryptocurrency Valuation in Accounts and financial statements

Valuation methods: historical cost vs. fair value.
Depreciation applicability.
Tax and fee handling.
Price volatility impact on financial statements.
Global company case studies.

DAY 4

Disclosure and Transparency in Financial Reports

Disclosure requirements per IFRS.
Accounting disclosures for cryptocurrencies as:
- Inventory.
- Intangible assets.
- Financial instruments.
Preparing financial statement notes.

DAY 5

Beyond Cryptocurrencies

Capital gains taxation.
Transaction risks.
Anti-money laundering (AML) and cryptocurrencies.
Auditing digital currency transactions.
Accounting ethics for digital assets.
Regulatory challenges in Arab and global contexts.

Certificates

On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance

Providers and Associations

Endorsed Education Provider

GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org

Options & Brochure

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Our courses are structured to provide a balanced mix of theory and practical application. They typically include presentations, case studies, group discussions, hands-on activities, and interactive Q&A sessions to maximize learning outcomes.

Will I receive a certificate upon completing a GLOMACS course?

Yes, upon successful completion of any of our training courses, GLOMACS Certificate will be awarded to the delegates. This certificate is a valuable addition to your professional portfolio and is recognized across various industries.

Does GLOMACS offer customized training for organizations?

Yes, GLOMACS provides customized training solutions tailored to meet the specific needs of organizations. We work closely with companies to design bespoke training courses that address their unique challenges and objectives.

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Who are the trainers at GLOMACS?

Our trainers are industry experts with years of practical experience in their respective fields. They bring real-world knowledge and insights into the classroom, ensuring that our participants receive top-tier, applicable skills and expertise.

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What are the key benefits of attending a GLOMACS course?

Attending a GLOMACS training course offers numerous benefits, including enhanced professional skills, increased employability, industry-recognized certification, networking opportunities with peers and experts, and the chance to apply practical knowledge directly to your workplace.

Why should I choose GLOMACS?

GLOMACS is a globally recognized leader in professional training and development, with a reputation for delivering high-quality, results-driven training courses. We offer a broad spectrum of training courses taught by expert trainers, flexible delivery options (both online and in-person), and accredited certifications that add real value to your career.

An Interactive 5-Day Training Course

Accounting for Cryptocurrencies –
From Basics to Practical Application

Cryptocurrencies Currency Accounting According to International Standards