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Accounting for Cryptocurrencies – From Basics to Practical Application

An Interactive 5-Day Training Course

Accounting for Cryptocurrencies – From Basics to Practical Application

Cryptocurrencies Currency Accounting According to International Standards

NASBA
Classroom Schedule
Date Venue Fees
13 - 17 Apr 2026 London $ 5,950
27 - 31 Jul 2026 Dubai $ 5,950
05 - 09 Oct 2026 Dubai $ 5,950
14 - 18 Dec 2026 London $ 5,950

Course Summary

Since their emergence in 2009, cryptocurrencies have become a significant class of digital assets used by businesses and individuals for payments and investment purposes. Their unique characteristics — including decentralisation, price volatility, and absence of central regulation — present distinct accounting, reporting, and compliance challenges. This course provides professionals with specialised knowledge and practical skills to account for cryptocurrencies accurately, reliably, and transparently in line with international accounting standards. The Accounting for Cryptocurrencies – From Basics to Practical Application training course equips participants with the tools needed to apply relevant standards such as IFRS 9, IAS 38, and IAS 2 and to navigate the complexities of digital asset accounting within financial reporting environments.

Over five days, participants explore classification, valuation, ledger treatment, disclosure requirements, and regulatory considerations for cryptocurrencies. Emphasis is placed on evaluating financial statement impacts, understanding global regulatory frameworks, and mitigating risks associated with improper documentation or misapplication of accounting standards. The Accounting for Cryptocurrencies – From Basics to Practical Application training course is designed for accountants, auditors, and financial officers responsible for managing or reporting cryptocurrency-related transactions.

Skills & Competencies

From this Accounting for Cryptocurrencies – From Basics to Practical Application training course, participants will develop the following key skills and competencies:

  • Cryptocurrency classification and ledger accounting
  • Application of international accounting standards (IFRS)
  • Cryptocurrency valuation (historical cost vs. fair value)
  • Financial reporting disclosure proficiency
  • Risk identification and mitigation in crypto accounting
  • Regulatory and ethical compliance awareness

Key Learning Outcomes

At the end of Accounting for Cryptocurrencies – From Basics to Practical Application training course, you will learn to:

  • Differentiate cryptocurrencies from fiat and other digital assets.
  • Apply appropriate accounting treatments based on business models.
  • Evaluate cryptocurrency valuation impacts on financial statements.
  • Prepare financial disclosures in accordance with IFRS standards.
  • Recognise and address legal, tax, and reporting risks in crypto accounting.

How You Will Learn

Learning develops through structured and practical exploration of cryptocurrency accounting principles and applications. Participants examine real-world scenarios, relevant international standards, and practical examples while reinforcing knowledge through guided exercises. The emphasis is on strengthening the ability to record, report and evaluate cryptocurrency transactions accurately in financial statements.

Who should Attend?

This training course is designed for finance and accounting professionals responsible for recording, reporting, auditing, or managing digital assets within their organisations.

This Accounting for Cryptocurrencies – From Basics to Practical Application training course is suitable to a wide range of professionals but will greatly benefit:

  • Accountants
  • Auditors
  • Financial officers and controllers
  • Tax and compliance professionals
  • Finance professionals working with digital assets
Course Outline
Day 1

Introduction to Cryptocurrencies Basics

This day covers foundational knowledge about cryptocurrencies, their differences from fiat currencies, and the technological and regulatory landscape. Participants explore types of cryptocurrencies and key economic, legal, and tax challenges. The topics covered will include:  

  • 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

This day covers foundational knowledge about cryptocurrencies, their differences from fiat currencies, and the technological and regulatory landscape. Participants explore types of cryptocurrencies and key economic, legal, and tax challenges. The topics covered will include:  

  • 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

This day addresses valuation principles and their effects on financial reporting. Participants compare historical cost and fair value methods and assess volatility impacts. The topics covered will include:   

  • 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

This day examines disclosure requirements for cryptocurrencies under international accounting standards. Participants learn how to prepare financial statement notes and meet transparency expectations. The topics covered will include:

  • Disclosure requirements per IFRS. 
  • Accounting disclosures for cryptocurrencies as:
    • Inventory. 
    • Intangible assets. 
    • Financial instruments. 
  • Preparing financial statement notes. 
Day 5

Beyond Cryptocurrencies

This day explores advanced topics including taxation, AML, auditing, and ethics relating to digital assets. Participants analyse risk mitigation and regulatory challenges. The topics covered will include:   

  • 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 Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers

Endorsed Education Provider

NASBA
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NASBA

Customisation & In-House Delivery

Delivering this training course in-house enables organisations to tailor cryptocurrency accounting content to specific operational models, regulatory environments, and reporting frameworks. Customisation ensures relevance to internal procedures and enhances the organisation’s ability to manage digital assets responsibly and transparently.

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

Additional Benefits of this course for Organisations and Professionals in Saudi Arabia

Organisations & Professionals in KSA will have the following additional benefits from this Accounting for Cryptocurrencies – From Basics to Practical Application training course:

  • Improved accuracy in financial reporting of digital assets
  • Enhanced compliance with international standards
  • Reduced financial and regulatory risk exposure
  • Greater confidence in crypto-related decision-making
  • Strengthened trust with investors and regulators
  • Enhanced capability to manage digital transformation initiatives
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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

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Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.

For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email info@glomacs.sa . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.

For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at info@glomacs.sa

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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