Cryptocurrencies & Blockchain Technology: The Impact on Finance & Accounting Webinar (2 Hours)

Overview: 

Cryptocurrency is a digital or virtual currency designed to function as a medium of exchange. It utilizes computerized encoding and decoding technology to secure and verify transactions, and control the creation of new units. This webinar will:

  • Explain cryptocurrencies and the technologies behind them
  • Show how to use a digitized and decentralized public ledger, known as a blockchain, to accurately and chronologically keep track of transactions without central bookkeeping
  • Discuss the impact of cryptocurrencies and blockchain technology in finance and accounting
  • Explore audit considerations and risk assessments
Objective: 

To help accountants and financial professionals gain a strong understanding of cryptocurrencies, the new blockchain technology supporting them, and the role they’ll play in our capital markets.

Emphasis: 
  • Defining  cryptocurrencies and blockchain technology
  • Analyzing the anatomy of a cryptocurrency transaction
  • Understanding  the vocabulary
  • Examining the attributes of blockchain technology
  • Audit considerations
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Prerequisite: 

None.

Preparation: 

No advance preparation required.

Level of Knowledge: 

Overview.

CPE Credit: 
2.00
NASBA Field of Study: 
Accounting