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Blockchain for Nonprofits

Description

Blockchain is a new technology being used to drive corporate transparency. At the core, it is a distributed ledger technology and all transactions are verified before being replicated. In this webcast, we will underline the practical implications of blockchain technology for not-for-profit organizations.  You will learn about the opportunities, risks, accounting and tax implications for not-for-profits involved with blockchain technology.

Learning Objectives
  • Recognize the central elements used in the blockchain ecosystem.
  • Identify the basic components of tax considerations for blockchain.
  • Determine the various treatments of virtual currencies in accounting and auditing for not-for-profit.
  • Identify the regulatory concepts related to implementing blockchain as well as determine the costs and benefits, both domestically and internationally.
Major Topics
  • Blockchain overview
  • Blockchain implementation
  • Donations of virtual currencies
  • Tax and accounting implications of accepting virtual currencies
  • Regulatory issues that impact blockchain implementations
  • Tax considerations for private foundations
Provider
AICPA
Course Level
Intermediate
Professional Area of Focus
Technology
CPE Field of Study
Information Technology
4.0
Who Should Attend

Anyone looking to understand more about how blockchain can be implemented in a nonprofit organization
Accountants looking for more information on blockchain
Practitioners that serve or advise nonprofit clients and would like to understand the impact of blockchain
Managers and decision makers looking to run blockchain projects

Instructor(s)
Kirk Phillips
Prerequisites
  • Basic Blockchain knowledge
Advanced Preparation
  • None
Location
Online
Event Information
When
Dec 11, 2019
1:00 pm - 5:00 pm EST
Location
Online
Total CPE Credits
4.0
Format
Webcast Replay

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Blockchain for Nonprofits


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