An Accountant's Guide to Cryptocurrency and Blockchain (Completed)

Date: Monday, May 15, 2023
Instructor: Stephen M. Yoss
Begin Time:  11:00am Pacific Time
12:00pm Mountain Time
1:00pm Central Time
2:00pm Eastern Time
CPE Credit:  2 hours for CPAs

Blockchain and cryptocurrencies such as Bitcoin and Ethereum are two of the hottest technology topics today. Yet few business professionals understand these technologies, their capabilities, their risks, and their potential impacts on business operations and processes, such as contract execution, recording and maintaining real estate ownership records, and supply chains. To learn more about these disruptive technologies – including potential effects on the accounting profession – make plans to participate in this fast-paced and highly informative session. This is everything a financial professional needs to know to get started with Blockchain and cryptocurrency technologies!

Who Should Attend
Financial professionals looking to get started with Blockchain and cryptocurrency technologies.

Topics Covered

  • Define blockchain
  • Examples of blockchain technology
  • Examples of how blockchain uses encryption to make the resulting ledger tamper-resistant
  • Possible uses for blockchain-based ledgers
  • List the major cryptocurrencies in use today
  • List examples of benefits and risks associated with using cryptocurrencies

Learning Objectives

  • Describe blockchain and identify an example of blockchain technology currently in use
  • Recognize examples of how blockchain uses encryption to make the resulting ledger tamper-resistant
  • Identify at least four possible uses for blockchain-based ledgers
  • Describe cryptocurrency and list the major cryptocurrencies in use today
  • Identify examples of benefits and risks associated with using cryptocurrencies

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Information Technology (2 hours)

Program Prerequisites
None

Advance Preparation
None

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