Lead with Confidence in Cryptocurrency Accounting and Digital Asset Compliance

6 Courses   |   20.5 NASBA CPEs

The Cryptocurrency Learning Path is a practical, CPA-developed program built for financial reporting, audit, payroll, and compliance work — not crypto traders or blockchain developers.

Why CPAs are now expected to understand Cryptocurrency

Digital assets are showing up in financial statements.
Companies are:

  • Holding cryptocurrency as treasury assets
  • Accepting crypto as customer payments
  • Engaging in staking or mining activities
  • Exploring blockchain-based transactions
  • Compensating employees in digital assets

When cryptocurrency touches the books, the responsibility falls on accounting and audit professionals. Yet most CPAs were never formally trained in digital asset accounting.

This learning path closes that gap — without overwhelming you with technical blockchain theory.

CPA and auditors

Built for Accounting and Audit Professionals

This program focuses on what matters inside audits, financial statements, and compliance reviews:

  • U.S. GAAP classification and measurement
  • Impairment and fair value considerations
  • Journal entries and transaction workflows
  • Custody, fraud, and internal control risks
  • Payroll tax and reporting requirements

You won’t become a blockchain engineer.
You’ll become a CPA who understands how cryptocurrency impacts financial reporting.

Our Complete Learning Journey

Cryptocurrency and Blockchain Fundamentals

This course provides accountants and CPAs with a practical, accounting-focused introduction to cryptocurrency and blockchain technology. Learners will gain a foundational understanding of how crypto transactions work, how blockchain records activity, and why these technologies create unique accounting, financial reporting, and internal control considerations.

📖   3.0 CPE Credits

Cryptocurrency Classification Under U.S. GAAP

Learn how cryptocurrency is classified, measured, and presented under U.S. GAAP. This course explains the current accounting framework for crypto assets, including fair value measurement, income statement impacts, and common classification misconceptions.

📖   3.0 CPE Credits

Accounting for Business Crypto Transactions

This course provides a practical, GAAP-focused framework for accounting for cryptocurrency transactions in a business setting. Learn how to record, measure, and present crypto transactions—from customer payments to asset holdings—while understanding their impact on financial statements and earnings volatility.

📖   3.5 CPE Credits

Cryptocurrency Risks and Controls

This course examines the unique risks and control challenges associated with cryptocurrency. Participants will explore how custody models, private key management, transaction irreversibility, and valuation volatility impact internal controls, audits, and advisory engagements, with a focus on applying professional judgment in crypto environments.

📖   3.5 CPE Credits

Paying Employees in Crypto: Tax, Payroll, and Reporting Considerations

This course explores the federal tax, payroll, and reporting implications of paying employees and independent contractors in cryptocurrency. Learn how existing tax rules apply to crypto compensation, including valuation, withholding, W-2 and 1099 reporting, employment taxes, and employee basis tracking.

📖   3.0 CPE Credits

Crypto Advisory Opportunities for CPAs

This course explores how CPAs can expand beyond compliance and provide high-value advisory services in the evolving cryptocurrency landscape, focusing on risk, governance, and strategic client guidance.

📖   4.5 CPE Credits

Michael Carroll, CPA, CISA, CISM

Michael is an accounting and information security professional. He is also an Adjunct Professor at several higher education institutions, where he is responsible for teaching various accounting and information technology courses.

Michael earned his MBA in Accounting and B.S. in Accounting / Accounting Information Systems from Canisius University. Additionally, Michael is a Certified Public Accountant (CPA) and a Certified Information Systems Security Professional (CISSP). Michael is a current member of the NYCPA’s Education Committee and has been an Advisory Board Member for the Academy of Finance (AOF) since 2020.

Michael enjoys traveling, hiking, and watching the Buffalo Bills. He has also participated in several marathon events.

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What This Enables You to Do

By the end of this learning path, you will be able to:

✔ Analyze cryptocurrency transactions with clarity
✔ Apply U.S. GAAP guidance confidently
✔ Record, review, and audit digital asset activity
✔ Evaluate internal controls and custody risks
✔ Address tax and payroll implications of crypto compensation
✔ Speak authoritatively with clients and leadership teams

This is professional resilience in an evolving financial environment.

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Who Should Enroll

This learning path is ideal for professionals who are:

✔ CPAs and auditors encountering digital assets in engagements
✔ Controllers and finance leaders overseeing crypto holdings
✔ Internal audit and risk professionals assessing digital asset exposure
✔ Payroll and tax specialists managing crypto compensation
✔ Early-career professionals building durable accounting expertise

If cryptocurrency could affect your financial reporting responsibilities, this program is designed for you.

Advance Your Cryptocurrency Accounting Expertise Today

  Immediate access to published courses.
  CPA-led, accounting-focused instruction.
  Structured progression from fundamentals to advanced compliance
  Practical frameworks you can apply immediately

Corey

Corey is the owner of Wisdify.  He is passionate about learning and development, he loves helping people achieve their professional and personal goals. Corey is a big believer in the power of online learning and community with 15 years of finance and accounting experience.

Joe

Joe is the owner of Wisdify.  He is passionate about learning and development, he loves helping people achieve their professional and personal goals. Joe is a big believer in the power of online learning and community with 20 years of finance and accounting experience.

 

Kelsey Murphy

Kelsey is Wisdify’s expert content developer. Taking feedback from our students, Kelsey creates extremely relevant blog posts and leads the development of Wisdify’s other free resources.

Prior to Wisdify, Kelsey worked as a business technology strategy consultant for Forrester, a global research and advisory firm. While there, she acted as project manager for numerous research-based consulting projects.

Kelsey earned a BA in Economics and Mathematics from Wellesley College.

Madison Bess

Madison oversees the social media strategy at Wisdify and makes sure we stay closely connected with our students, receive their feedback, and provide our students with valuable information.

Prior to Wisdify, Madison successfully ran the social media accounts for multiple companies. She also found time to start her own personal training company (which she still runs).

Madison earned a BA in English from Brigham Young University.

Maryn Coughran

Maryn is a co-founder and leads the marketing and outreach efforts at Wisdify. She ensures we are connecting with our customers, hearing their feedback, and then implementing their suggestions.

Prior to Wisdify, Maryn co-founded (along with Nate) BostonExcel, a Microsoft Excel training company that worked with dozens of companies in virtually every industry. Maryn’s clients included numerous Fortune 1000 companies, prestigious universities, startups and everything in between. She also happened to write and illustrate a children’s book. Let’s just say she’s a woman of many talents.

Maryn earned a BA in Economics from Wellesley College.

The Buckaroos

Gwyn, Jack, and Kate are the adorable tow-heads that lead up Wisdify’s campaigns on cuteness, energy, and sleep-deprivation.