September 14, 2023


Live Webcast

AND

In-Person

Alabama Society of CPAs
1041 Longfield Ct, Montgomery, Montgomery County, Alabama 36117-8056


4 CPE

Blockchain: Current Applications of Importance for CPAs

September 14, 2023
In Person + Online
4 CPE

Blockchain: Current Applications of Importance for CPAs

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    Instructor

    Marc
    Hamilton

    View Bio

CPE Credits Available

4 CPE
2
Accounting & Auditing
2
Other

Alabama Society of CPAs

1041 Longfield Ct, Montgomery, Montgomery County, Alabama 36117-8056

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Things to Know About This Course

Provider

ASCPA

Agenda

September 14

Blockchain- Current Applications of Importance for CPA's
Speaker:

Marc Hamilton

View Bio

I. Introduction to Blockchain Technology 

  • Definition of blockchain and its key features
  • Overview of the history and evolution of blockchain technology 
  • Explanation of how blockchain works and how it differs from traditional databases
  • Discussion of the various types of blockchains, including public, private, and consortium blockchains 

II. Blockchain Use Cases  

  • Examination of the various use cases of blockchain technology, including: 
  • Cryptocurrencies
  • Smart contracts
  • Supply chain management
  • Identity management 
  • Voting systems
  • Explanation of how blockchain technology can address specific business problems and create new opportunities  

III. Accounting and Auditing Considerations for Blockchain (60 minutes) 

  • Overview of the accounting and auditing implications of blockchain technology, including:  
  • Recognition and measurement of cryptocurrencies 
  • Assurance of blockchain-based transactions 
  • Auditing smart contracts 
  • Implications for financial reporting and disclosure
  • Discussion of the evolving regulatory landscape for blockchain technology 

IV. Blockchain Implementation and Integration (90 minutes) 

  • Examination of the key considerations for implementing and integrating blockchain technology, including:  
  • Selection of appropriate blockchain platforms and protocols
  • Evaluation of scalability and security issues
  • Integration with existing systems and processes
  • Design and development of blockchain applications 
  • Overview of the key tools and technologies for blockchain implementation, including smart contracts and decentralized applications (dApps)

 V. Blockchain Case Studies and Practical Applications (60 minutes)

  • Review of real-world case studies and practical applications of blockchain technology in various industries, including finance, healthcare, and logistics 
  • Discussion of the lessons learned and best practices from these case studies
  • Exploration of the potential future applications of blockchain technology 

VI. Conclusion and Q&A (30 minutes)

  • Summary of the key takeaways from the training
  • Q&A session to address any remaining questions and concerns

This event has ended.