This webcast focuses on demystifying the blockchain technology by helping you understand the foundational constructs, benefits and opportunities of blockchain technology. You will be prepared to weigh the risks and challenges as you consider implementing this technology within your organization or your clients’ organization.
Learning Objectives
Identify the fundamentals of money/currency and its evolution from pre-cryptocurrency to digital/crypto-assets
Distinguish between blockchains and cryptocurrency and ownership
Identify the core components of blockchain technology
Distinguish between proof of work, proof of stake, and mining
Identify the custody, responsibility, and control continuum
Recall the importance of cryptocurrency security for accountants and auditors
Identify the security attributes of the various wallet types
Recognize the distinction between physical security and digital security
Recall the benefits and features of multi-sig wallets
Identify the ways two-factor authentication (2FA) and password managers are used for cryptocurrency security
Major Topics
Evolution of cryptocurrency
Core components of blockchain technology
Proof of work, proof of stake and mining
Custody, responsibility and control continuum
Cryptocurrency security
Security attributes for various wallets
Contrasting physical and digital security
Authentication and password managers from cryptocurrency security
Provider
AICPA
Course Level
Basic
Professional Area of Focus
Technology
CPE Field of Study
Information Technology
5.0
Who Should Attend
Non-IT finance professionals, CFOs, controllers, management accountants, public accountants, partners, staff, managers and internal auditors
