CPAR Accounting & Financial Reporting

CPAR - 2020/February, Seg.04 - Blockchain: The 'Other' Accounting Ledger

Course Overview
In the last couple of years, more and more people talk about Blockchain technology and many think it is a new trend in the 21st century. Some will argue that it is here to stay, others that it will fade away. Yet, very few know that blockchain emerged back in 1991! It was initially a cryptographically secured chain of blocks where no one could tamper with timestamps of documents. At its most basic level, Blockchain is a chain of blocks made up of digital pieces of information. Jagruti Solanki, MBA, CPA, CGMA, Partner, Technology and Blockchain with Aprio, provides an overview of what Blockchain is, as well as what we need to know when it comes to the accounting for virtual currencies.



Learning Objectives:

Upon successful completion of this segment, you should be able to:

  • Identify what Blockchain is and the different types;
  • Determine the new controls, risks and objectives a company may utilize that relate to blockchain technology;
  • Identify internal controls and blockchain considerations; and
  • Recognize token compensation structures.

Content Partner:

CPA Reports Online

Prerequisites/Advanced Preparation:

Work experience in financial reporting or accounting, or an introductory course in accounting.

Speaker / Author:

SmartPros Ltd. is a leader in online and offline continuing education for accounting, finance and engineering professionals. With over 2,000 hours of content, SmartPros has been providing mandatory continuing education products since 1981. SmartPros provides services and content to its professional and corporate clients, in a variety of media including Web, CD-ROM, and video. In the accounting market, SmartPros also has a predominant news and information portal which receives 200,000+ visits per month and provides services to over 100,000 subscribers. SmartPros' customers include 50% of the Fortune 500, as well as the major firms and associations in each of its professional markets.

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Price (USD)

Standard: $69.90

Details

Course Code : CPAR1442-FM

Release Date : 03/07/2020
Expire Date : 04/01/2021
Credits :
CPE 2.00
QAS 2.00

Length : 1hr 40min
Course Level : Update
Course Type : Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Accounting


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