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22SR-P017: K2's An Accountant's Guide to Blockchain and Cryptocurrency (Virtual)

If you have questions about this event, please call us at 952-831-2707.

Date Monday, December 19, 2022
Time 1:00pm - 4:30pm
Central Time
Location Online
CPE credits CPE 4.0
Field(s)
of study
Information Technology - Technical (4.0)
Instructor Thomas Stephens, CPA.CITP, CGMA
K2 Enterprises
Fees
Standard Member Fee $209.00
Standard Nonmember Fee $259.00

Description

Blockchain technology offers the promise of digital truth. When properly implemented, it provides a transparent, permanent, immutable record-keeping system. The possibilities are endless, from managing the logistics of supply chain networks to facilitating international commerce. Organizations are increasingly adopting blockchain to improve their existing operations through its ledger capabilities, maintain real estate ownership records or execute smart contracts. Cryptocurrency, an example of blockchain technology, has exploded in the last few years. Despite the growing popularity and potential of these technologies, the average professional doesn’t fully grasp their capabilities, risks and impacts. Gain a detailed look at blockchain and cryptocurrency so you can understand its inner workings and uncover opportunities for using it.

Who should take this program?

CPAs, accountants and business professionals who are interested in understanding blockchain technologies

Major subjects

  • In-depth look at blockchain technology
  • Benefits, risks, major players and practical applications
  • Capabilities, risks and potential impacts on business operations
  • Cryptocurrency definitions and examples
  • Benefits and risks associated with using cryptocurrencies

Learning objective(s)

  • Define blockchain and identify an example of blockchain technology
  • List examples of how blockchain uses encryption to make the resulting ledger tamper-resistant
  • Identify possible uses for blockchain-based ledgers
  • Define cryptocurrency and list the major cryptocurrencies used today
  • List examples of benefits and risks associated with using cryptocurrencies

Notes:

Course code Code 22SR-P017
Sponsor Minnesota Society of CPAs
NASBA ID#: 139884
Level Basic
Format Group Internet Based
Prerequisites Prereq. None
Advance
prep
None

If you have questions about this event, please call us at 952-831-2707.

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