Cryptocurrency

Cryptocurrency Information for CPAs

Guide for cryptocurrency users and tax professionals

Cryptocurrency is a relatively new innovation that requires guidelines on taxation so that Canadians are aware of how to meet their tax obligations.

The most outlandish recent scams

A catalogue of the latest cons in the cryptocurrency world.

Auditor’s responses to assessed risks in audits of entities that hold crypto-assets

CPA Canada members are telling us that traditional audit procedures may not provide appropriate audit evidence when auditing crypto-asset holdings and transactions. Auditors need to explore approaches to respond to risks in this emerging industry.

Crypto 101: What you need to know before investing

Cryptocurrency investing has surged in recent years among both experienced investors and newcomers. If you are considering getting into it, however, the most important thing you need to know is that it’s a very complex space, says Amanallah Abbas, CPA and controller at National Digital Asset Exchange (NDAX) in Calgary.

DIGITAL CURRENCIES AND TAX IN CANADA: A BRIEF OVERVIEW (UPDATED)

This article is an amendment to one released in 2018, as more information, rulings, and interpretations have subsequently been released by Canada Revenue Agency.

VIEWPOINTS: Applying Canadian Auditing Standards (CAS) in the Crypto-Asset Ecosystem

Auditing Crypto-Assets: auditing financial statements of entities that engage with a third-party service provider in order to transact and/or hold crypto-assets.

Share this page