Mobile Edition


Blockchain Application (AIBA03)

 
Date:Thursday, September 26, 2019
Time:11:00AM - 4:30 PM
(Registration at 10:30AM)
Facility:Webcast or Webinar, Online
CPE Credit:5.5 Technical Business
Instructor: Amy E. Vetter, CPA.CITP
Vendor:AICPA
Course Level:Basic
Early Bird Price:$199.00 FICPA Members, $249.00 Non-Members

Description:

This webcast will help you understand the potential of blockchain by diving into the blockchain structure and functionality. You will begin to navigate the practical aspects of blockchain applications and use cases by looking into Ledgers, transactions and Smart Contracts. In addition, this webcast will help you understand the current blockchain landscape which will help you begin thinking about business applications and financial control considerations associated with blockchain use. This webcast will focus on responsibilities, process and technical controls. The interactive exercises weaved throughout will help you translate this understanding into relevant business application and value. Topics Discussed  Elements of permissioned and permissionless ledgers  Components of security models  Access control mechanisms  Characteristics of hybrid blockchains and blockchain-as-a-service  Governing concepts behind transactions  Difference between unused transactions output and the account model  Transaction throughput and confirmations  Difference between smart contracts and traditional contracts  Cryptocurrency research  Types of cryptocurrency exchanges  initial coin offerings  General crytocurrency taxonomy  Approaches to applying blockchain technology  How system and organization controls relate to blockchain  Verify process controls with blockchains and cryptocurrency  Technical controls associated with blockchain  Limitations of verification with transactions  Fundamental and changing roles of CPAs



Objectives:

When you complete this webcast, you will be able to:

 Recognize the elements of permissioned and permissionless ledgers and their associated benefits and risks.

 Identify the components of security models for both types of blockchains and the continuum where other blockchains reside.

 Recall access control mechanisms, the importance of decoupling and segregation of duties and optimizing decentralization.

 Identify the characteristics of hybrid blockchains and blockchain-as-a-service.

 Recognize the governing concepts behind transactions and fees in different blockchain use cases.

 Differentiate between the unused transactions output (UTXO) model and the account model.

 Distinguish between transaction throughput and confirmations.

 Recall how smart contracts differ from traditional contracts.

 Recall how cryptocurrencies can be researched via market capitalization sites.

 Identify the different types of cryptocurrency exchanges including the risks and benefits.

 Recall the value proposition of initial coin offerings.

 Distinguish the elements of the general cryptocurrency taxonomy.

 Identify the different approaches to applying blockchain technology to create new business solutions.

 Identify system and organization controls (SOC) and how they relate to blockchain.

 Identify how to verify important process controls with blockchains and cryptocurrency.

 Recognize technical controls associated with blockchain and the need for expert teaming.

 Recognize the limitations of verification with transactions.

 Identify the fundamental and changing roles of the CPA when interacting with blockchain technologies.



Major Topics:

Topics Discussed

 Elements of permissioned and permissionless ledgers

 Components of security models

 Access control mechanisms

 Characteristics of hybrid blockchains and blockchain-as-a-service

 Governing concepts behind transactions

 Difference between unused transactions output and the account model

 Transaction throughput and confirmations

 Difference between smart contracts and traditional contracts

 Cryptocurrency research

 Types of cryptocurrency exchanges

 initial coin offerings

 General crytocurrency taxonomy

 Approaches to applying blockchain technology

 How system and organization controls relate to blockchain

 Verify process controls with blockchains and cryptocurrency

 Technical controls associated with blockchain

 Limitations of verification with transactions

 Fundamental and changing roles of CPAs



Who Should Attend:
Non-IT finance professionals, CFOs, controllers, management accountants, public accountants, partners, staff, managers and internal auditors

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Registration Status: OPEN