2.0 CPE Cryptocurrencies and other digital assets are receiving increased amounts of interest. Consumers are adding exposure to their personal investment portfolios. Major payment processors are facilitating digital asset payments at scale. Private and public companies are exploring and increasing investments into digital assets. Cryptocurrency holdings are becoming increasingly material.
There are numerous types of cryptocurrencies including Bitcoin which is the most popular. Cryptocurrency and the associated Blockchain technology is a look into the digital future.
This is the initial course in a series of courses that will focus on Cryptocurrency, its impact in our economy and accounting concepts.
Learning Objectives
- Explore the value or currencies including digital currencies.
- Identify the definition of cryptocurrency.
- Identify and understanding cryptocurrency.
- Discover the history of digital currency.
- Identify and understanding the Bitcoin.
- Discover and defining Peer-to-Peer mining.
- Explore and examining how to track and record digital currencies.
- Identify the key features and take-aways from digital currencies.
Last updated/reviewed: August 21, 2023
59 Reviews (310 ratings)
Reviews
Digna Flor
(Sr. Production Analyst at Southwestern Energy)
I enjoyed this course. It has very easy to follow and understand the concept.
Lawrence Hirsch
(Controller at Builders design)
Lynn, thank you for this course. I am my wits end trying to understand the crypto thing and the 101 course was very helpful. I am going to take your next course in the series to help solidify what I have learned.
I am still confused about who comes up with the math equations for the miners to solve. Any thoughts on that please share.
Larry
Anonymous
(Sr. Accounting Manager)
This was a good basic overview and intro to cryptocurrency.
It seemed that the presentation jumped around a bit and was repetitive at times.
Some of the examples weren't that helpful as they were too high level and didn't provide
any other insight other than just reading the bullet points.
Anonymous
(cpa)
Just Ok for introductory material, was hoping for fresh update on 2022 FTX developments and how it affects the crypto world and regulation, also an update on CBDC developments in 2022-23 would be useful.
Anonymous
(Advisor)
Crypto is becoming such an important part of trading, and has huge accounting implications. This lesson does a good overview on basics of cypto versus other gold/fiat currencies, as well as on Bitcoin.
Jason Stutzman
(Associate Manager at SS&C Technologies)
Litecoin is pronounced as "Lightcoin" for future reference. Agree with others I would have liked to have some accounting information related on treatment of crypto on financial statements.
I enjoyed hearing about the history and the structure of Bitcoin. I have never made a Bitcoin transaction and I feel I have a better understanding of some of the risks. Thank you.
Anonymous
(Director)
This was a good survey course in understanding cryptocurrency and its background and structure. The course was more informational which is what I was looking for in the class.
Anonymous
()
Excellent introduction to the topic of Cryptocurrency.
Helps with the understanding of all the terms and concepts behind digital assets. Highly recommend this course.
Jessica Williams
( at Thrive Market)
This was fascinating! Cryptocurrency always was a confusing concept to me, but Lynn did a great job of breaking it down in a way that was easily understandable.
Anonymous
(Tax Specialist)
I enjoyed this course. The material was easy to understand. The presenter was thorough yet concise in her presentation. The final exam was very reasonable.
Anonymous
()
These concepts are difficult to understand. While the stated objectives were met, I was hoping to get more into the balance sheet impact of cryptocurrency.
Anonymous
(Accountant)
I thought this course was very interesting and helpful. I thought the instructor explained the topic very well. I would recommend this course to others.
Joseph Ennis
( at Dillon Supply Company)
Course was very informative especially to someone like myself that has very little understanding of cryptocurrency. Look forward to the follow up course.
Nafisah Fudaeel
(Owner at Tax Roadmap)
This was a very introductory topic for cryptocurrency. It was easy to follow and understand. The instructor was clear and the materials were great.
Anonymous
(Director of Capital Accounting)
Lynn provided material to get the "basics" of digital currency. Some of the material
repetitive but beneficial to the overall presentation.
Devery Adair
(CFO at PLI Industries LLC)
Great basic overview of the cryptocurrency. Was able to understand the challenges of categorizing the currency for accounting purposes.
Anonymous
(Senior Accountant)
I enjoyed the course getting me familiar with terms and the theory of how digital currencies operate. Will take further classes on it.
Anonymous
()
Nice job of making a simple presentation. Some information outdated, but we get a basis to understand the underlying concepts.
Anonymous
()
A good course overall. However, it is outdated a bit. Also, there are some common fallacies on scarcity in the presentation.
Cynthia Lubin
(Principal at C Lubin CPA LLC)
I appreciated the basic discussion on Cryptocurrency and concepts. I feel more comfortable having a discussion on the topic.
Anonymous
(Sr Accountant Lead)
Great introduction to Bitcoin and Cryptocurrency. Looking forward to taking other courses from Lynn regarding this topic.
Anonymous
(SVP)
Very informative session on a complex topic. Presenter did a good job of simplifying the concepts for easy consumption.
Christopher Hole
(Director of Internal Audit at Roseburg Forest Products)
Good overview as usual, but material could stand an update. For example there could be more about how exchanges work.
Anonymous
()
Perhaps a little too basic. For the length of the course, I would have expected to get at least touch on accounting.
Anonymous
(Managing Member)
I found this course very interesting and informative. The presentation was clear, concise and easy to understand.
Maxwell Hassenstein
( at NeoGenomics)
This is a great introduction to cryptocurrency which is becoming an important component of our Digital economy
Anonymous
(Assistant Controller)
This is a good course on cryptocurrency, especially since the topic is new to so many of us. Enjoyed the course.
Anonymous
()
I would think more animation will be a good idea. I think the history and definitions shoulf be on first slides.
Anonymous
(-)
I never really understood bitcoin, so this was a great introduction. Thanks for the content of this course.
Joshua Thomas
(Senior Auditor at CBP DHS GOV)
The introductory course was very informative and enlightening. It was most definitely an eye opener for me.
Anonymous
(Controller)
This was a very good and easy to understand overview of cryptocurrencies. Lynn is an excellent instructor.
Anonymous
(Accounting Manager)
Nice introduction to crypto. Just the tip of the iceberg of what CPAs will have to get educated about.
Mi Young Kim
(Managing Director at Vine Consulting Limited)
This is very useful to understand the basic of crypto currency, and the materials are easy to follow.
Anonymous
(Consultant)
You may want to take this class prior to investing in crypto. That way you'll know more about it.
Anonymous
(accountant)
Good overview and history of bitcoin but would be good to have accounting perspective
Anonymous
()
Great introduction to cryptocurrency & bitcoin for someone that has no background.
Aminah Bey
(Senior Financial Analyst at Nemours)
This was by far the most understandable introduction I've had to Cryptocurrency.
Anonymous
()
good overview for cpe, very high level, definitely need more training to master
Jason Bellows
(Controller at DLC Group)
A lot of good background knowledge, which will be helpful for me in my work.
Anonymous
()
Good high level review. Solid foundation for understanding crypto currency
Anonymous
(Director)
nofreeadsfrommenofreeadsfrommenofreeadsfrommenofreeadsfrommenofreeadsfromme
Michael Muchortow
(CPA at Muchortow & Associates)
Good overview of how digital currency compares to fiat and gold systems
Tyler Ellens
(Staff Acountant at Evenhouse & Co. P.C.)
Good basic information presented in a way that is easy to understand
Anonymous
(Managing Director)
This course is great for Cryptocurrency 101 Understanding Concepts.
Anonymous
()
Good basic explanation of cryptocurrency and its major currencies.
Scott Anderton
(CFO at HCA)
Very insightful introduction to cryptocurrency. Thanks, Lynn.
Anonymous
(CFO)
Great outline course of the basics that everyone should take.
Anonymous
()
Awesome Course, I learned a lot on this very complex subject!
Anonymous
(CFO)
Excellent source of information describing how crypto works
Anonymous
(Sr. Accountant)
Presentation and supporting material were very informative.
Ngai Kit Lam
(Auditor at EY)
Great introduction of Crypto. Overall, the lecturer is nice
Anonymous
(Owner)
Very interesting course… looking forward to viewing more
Inna Shmukler
(Controller at Fornetix LLC)
A great introductory course into a complicated subject.
Anonymous
(Senior Revenue Manager)
I enjoyed this course, and I found it very informative.
Anonymous
(CPA)
The course was informative, even though it was short.
Anonymous
()
This was a good high-level overview of crytocurrency.
Anonymous
(Manager of Controlling Aftermarket Parts)
Good material supported by excellent presentation.
Richard Duda
(VC CFO at DLC Group)
Very good overview and background on the industry.
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
Lynn FountainCPA, CGMA, CRMA, MBA, Consultant, Author, Trainer
About Illumeo
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- Phone: 408-400-3993
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