Decentralized finance (DeFi): Implications for Practitioners

Monday, November 13, 2023
Webcast or Webinar, Online
2:30 PM - 3:30 PM (opens at 2:00 PM) 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
$55.00 Regular Price
Non-Members
$70.00 Regular Price
Course Type: Webcast
Course Code: 23/CX39638
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

Prerequisites:

None