Course Detail(A307 : Crypto Accounting & Compliance: Balancing the Ledger)
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UTAP Funding

A307 : Crypto Accounting & Compliance: Balancing the Ledger

7.00 CPE Hours (Category 1Category 5)
Classroom

The Monetary Authority of Singapore (MAS) has implemented strict and clear compliance regulations for digital payment token (DPT) service providers (DPTSPs) in Singapore.

The regulatory requirements coupled with a low tax rate and an innovative culture, make Singapore an attractive headquarters for many cryptocurrency entities. This fuels the demand for accounting and finance professionals with expertise in crypto accounting. This course aims to equip participants with the essential skills to excel in the dynamic world of crypto accounting and compliance.

 

 

On the completion of this course, you will be able to:

  1. Account for cryptocurrency on the balance sheet of a company;
  2. analyse crypto accounting practices in the financial statements of listed entities and licensed crypto entities in Singapore;
  3. implement best practices in wallet hygiene and crypto custody, and evaluate strategies to avoid common mistakes;
  4. interpret Singapore’s crypto license requirements; and
  5. Evaluate the functionality and effectiveness of crypto sub-ledger tools.

Programme Outline

 

  • Crypto Accounting
    • What, How, and Uses of Blockchain
    • Crypto Terms - Memecoin, NFT, Layer 1, Gas Fee
    • Accounting for Crypto on the Balance Sheet
      • Crypto Currencies
      • Crypto Derivaties
      • Utility Token
      • Security Token
    • US-GAAP and IFRS Crypto Accounting Policy
    • Case-study on Listed Entities and MAS Licensed Entities
  • Best Practices for Crypto Management
    • Wallet Hygiene
    • Crypto Custody
    • Common Mistakes
  • Crypto Compliance
    • Singapore License Requirement
       
  • Crypto Sub-ledger
    • Importance of Crypto Sub-Ledger in Crypto Accounting
    • Type of Crypto Sub-Ledger Digital Tools
    • Key Considerations and Checklist for selecting and implementing a Crypto Sub-Ledger
    • Demonstration on Crypto Sub-Ledgers

 


    Training Methodology

    Lecture style presentations with interactive exercises and case studies


    Closing Date for Registration

    1 week before programme or until full enrolment

    Intended For

    This intermediate course is designed for accounting and finance professionals who work with clients in the cryptocurrency space. It is also ideal for professionals already in the crypto industry, or finance professionals seeking a deeper understanding of this dynamic sector.

    Competency Mapping

    Category 1 = 4.00 Hours
    Category 5 = 3.00 Hours

    Schedule & Fees
    Date & Time

    06 Oct 2026 (9:00 AM - 5:00 PM)

    Fee (inclusive of GST)


    SGD pricing -

    For Members: $ 507.94
    For Non-Members: $ 606.04


    Programme Facilitator(s)

    Chan Wei Xiang

    Venue

    60 Cecil Street
    ISCA House
    Singapore 049709
    Date & Time

    11 Dec 2026 (9:00 AM - 5:00 PM)

    Fee (inclusive of GST)


    SGD pricing -

    For Members: $ 507.94
    For Non-Members: $ 606.04


    Programme Facilitator(s)

    Chan Wei Xiang

    Venue

    60 Cecil Street
    ISCA House
    Singapore 049709

    Testimonial

    Funding

    1] NTUC Union Training Assistance Programme (UTAP)
    UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.

    NTUC members enjoy 50% *unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP. NTUC members aged 40 and above can enjoy higher funding support up to $500 per individual each year, capped at 50% of unfunded course fees, for courses attended between 01 April 2024 and 31 March 2025. *This excludes miscellaneous fees such as GST and registration fee etc.
     
    This course is approved for UTAP support for intakes conducted between 16 Aug 2024 – 31 March 2025.
     
    As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.

    • Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
    • Course by training provider must be supported under UTAP and training must commence within the supported period and;
    • Unfunded course fee must not be fully sponsored by company or other types of funding
    • Unfunded course fee must be S$20.00 and above, and;
    • Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
    • UTAP application must be made within 6 months after course ends.

    To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg/. Terms and conditions apply.
    Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

    Programme Facilitator(s)


    Chan Wei Xiang
    CA (Singapore)
     

    Wei Xiang serves as the founder of Web3 Accountant and provides consultancy services for Crypto Audits and Crypto Subledger Integration services. Wei Xiang holds a First Class Honours degree in Accountancy and an MBA from Nanyang Technological University. As a Chartered Accountant (Singapore), he has amassed extensive experience at esteemed institutions, including OKX, DigiFT, and KPMG. In his spare time, he writes articles on crypto accounting and produces educational videos on the subject.

    The Monetary Authority of Singapore (MAS) has implemented strict and clear compliance regulations for digital payment token (DPT) service providers (DPTSPs) in Singapore.

    The regulatory requirements coupled with a low tax rate and an innovative culture, make Singapore an attractive headquarters for many cryptocurrency entities. This fuels the demand for accounting and finance professionals with expertise in crypto accounting. This course aims to equip participants with the essential skills to excel in the dynamic world of crypto accounting and compliance.

     

     

    On the completion of this course, you will be able to:

    1. Account for cryptocurrency on the balance sheet of a company;
    2. analyse crypto accounting practices in the financial statements of listed entities and licensed crypto entities in Singapore;
    3. implement best practices in wallet hygiene and crypto custody, and evaluate strategies to avoid common mistakes;
    4. interpret Singapore’s crypto license requirements; and
    5. Evaluate the functionality and effectiveness of crypto sub-ledger tools.

    Programme Outline

     

    • Crypto Accounting
      • What, How, and Uses of Blockchain
      • Crypto Terms - Memecoin, NFT, Layer 1, Gas Fee
      • Accounting for Crypto on the Balance Sheet
        • Crypto Currencies
        • Crypto Derivaties
        • Utility Token
        • Security Token
      • US-GAAP and IFRS Crypto Accounting Policy
      • Case-study on Listed Entities and MAS Licensed Entities
    • Best Practices for Crypto Management
      • Wallet Hygiene
      • Crypto Custody
      • Common Mistakes
    • Crypto Compliance
      • Singapore License Requirement
         
    • Crypto Sub-ledger
      • Importance of Crypto Sub-Ledger in Crypto Accounting
      • Type of Crypto Sub-Ledger Digital Tools
      • Key Considerations and Checklist for selecting and implementing a Crypto Sub-Ledger
      • Demonstration on Crypto Sub-Ledgers

     


      Training Methodology

      Lecture style presentations with interactive exercises and case studies


      Closing Date for Registration

      1 week before programme or until full enrolment

      Intended For

      This intermediate course is designed for accounting and finance professionals who work with clients in the cryptocurrency space. It is also ideal for professionals already in the crypto industry, or finance professionals seeking a deeper understanding of this dynamic sector.

      Competency Mapping

      Category 1 = 4.00 Hours
      Category 5 = 3.00 Hours

      Programme Facilitator(s)

      Chan Wei Xiang
      CA (Singapore)
       

      Wei Xiang serves as the founder of Web3 Accountant and provides consultancy services for Crypto Audits and Crypto Subledger Integration services. Wei Xiang holds a First Class Honours degree in Accountancy and an MBA from Nanyang Technological University. As a Chartered Accountant (Singapore), he has amassed extensive experience at esteemed institutions, including OKX, DigiFT, and KPMG. In his spare time, he writes articles on crypto accounting and produces educational videos on the subject.

      Upcoming Schedule

      Date & Time

      06 Oct 2026 (9:00 AM - 5:00 PM)
      Fee (inclusive of GST)


      SGD pricing -

      For Members: $ 507.94
      For Non-Members: $ 606.04


      Programme Facilitator(s)

      Chan Wei Xiang

      Venue

      60 Cecil Street
      ISCA House
      Singapore 049709


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