This course provides an introduction to blockchain technology and crypto assets, focusing on their growing influence in the accounting and finance sectors. Participants will gain a better understanding of blockchain’s key concepts, how it differs from traditional databases, and its practical applications for CPAs. The course also addresses crypto assets, exploring their characteristics, U.S. GAAP guidance, and recognition and disclosure requirements.
Course Publication Date:
April 16, 2025
This course is available with
NO ADDITIONAL FEE if you have an active
self study membership or
all access membership or can be purchased for
$20.00!
| Author: | Kelen Camehl |
| Course No: | ACT-BLOCKCHAIN-29005 |
| Recommended CPE: | 2.00 |
| Delivery Method: | QAS Self Study |
| Level of Knowledge: | Overview |
| Prerequisites: | None |
| Advanced Preparation: | None |
| Recommended Field of Study: | Accounting
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Learning Objectives
- Identify key components and concepts of blockchain technology.
- Recall steps in blockchain transactions and consensus mechanisms.
- Distinguish between blockchain and traditional databases.
- Recognize use cases of blockchain for CPAs.
- Recognize the criteria for determining what constitutes a crypto asset based on U.S. GAAP.
- Identify the recognition requirements for crypto assets.
- Recognize the way in which crypto assets are presented on an entity’s financial statements.
- Identify disclosure requirements with respect to crypto assets.