Decentralized finance (DeFi): Implications for Practitioners

Tuesday, December 06, 2022
Webcast or Webinar, Online
1:00 PM - 2:00 PM (opens at 12:30PM) EST
1Credits
Technical Business

Registration is Closed

Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.

Members
$49.00 Regular Price
Non-Members
$64.00 Regular Price
Course Type: Webcast
Course Code: 22/CX31952
Level: Overview
Vendor: CPA Crossings, LLC
Field of Study: Information Technology

Overview:

This course will outline, detail, and explain the specifics surrounding decentralized finance (DeFi), including examples of real-world applications alongside the accounting implications of different DeFi tools. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Objectives:

After attending this presentation you will be able to...

  • Distinguish the various types of DeFi applications>
  • Identify how different DeFi tools create various accounting problems
  • Indicate how DeFi is causing the crypto-accounting conversation to evolve
  • Recall how DeFi functions are different from other centralized crypto services
  • Address and illustrate how DeFi creates unique challenges aside from other crypto accounting

Major Topics:

The major topics covered in this class include:

  • Specifics of various DeFi applications, including decentralized exchanges, yield farming, staking, and providing liquidity to liquidity pools
  • Discussion and examination around the accounting implications and impact of DeFi applications on the audit process
  • What practitioners need to know about the wide array of types of DeFi and how these different use cases changing the crypto-accounting conversation
  • External resources provided for extra contextual information

Major Topics:

The major topics covered in this class include:

  • Specifics of various DeFi applications, including decentralized exchanges, yield farming, staking, and providing liquidity to liquidity pools
  • Discussion and examination around the accounting implications and impact of DeFi applications on the audit process
  • What practitioners need to know about the wide array of types of DeFi and how these different use cases changing the crypto-accounting conversation
  • External resources provided for extra contextual information

Designed For:

Practitioners at all levels of the accounting function

Prerequisties:

None
CPE sponsors

The Florida Institute of Certified Public Accountants (FICPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org