In the last few years, digital assets have achieved a level of mainstream appeal as an investment vehicle, regardless of their limited current application in retail transactions. Entities and individuals transacting in these digital assets are subject to tax rules and accountant pronouncements that were never designed to address this new, unique asset type. Additionally, the pseudo-anonymity of digital assets creates additional challenges for accountants and auditors. This course will provide accountants with a basic understanding of digital assets and the gray area that they currently occupy in the tax code and under GAAP.
Mark DiMichael, a partner in the valuation and forensic services department, specializes in litigation support and valuation services. His expertise includes divorce litigation, economic damages analysis, fraud investigation, cryptocurrency, white-collar criminal defense, and business appraisals. Mark has prepared and rebutted expert reports and has experience working with companies in a wide range of industries. He has also provided expert testimony related to economic damages.