Audit and Ethical Considerations of Cryptocurrency

Course Information

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Title: Audit and Ethical Considerations of Cryptocurrency
Category: Business Management and Organization
Field of Study: Management Services - Technical
Course Code: M021-0820
CPE Credits: 1.5
Price: 17.95

Description

Description:

Cryptocurrencies, such as Bitcoin and Ethereum, are just two of thousands of emerging solutions to create frictionless global transactions between counterparties. Additionally, cryptocurrencies are positioning themselves to become the “new gold” of the modern world as a store of value and immune from geo-political risk. The rise and fall of cryptocurrency prices has not deterred interest in the technology or the space, but is leading to every more practical, accessible and useful applications of blockchain technology. This course uses several case studies to illustrate the audit and ethical considerations in the newly emerging sector. Few accountants and auditors are conversant with cryptocurrency technology and this course is designed to improve your level of awareness and deepen your understanding of issues associated with issuing an audit opinion for clients in this space.

Delivery Method: Online Interactive Self Study

Level: Overview

Prerequisites: None

Advanced Preparation: None

Course Details

Category: Business Management and Organization

Field of Study: Management Services - Technical

Passing Score: 70%

Technical Details: Management Services: Technical

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Objectives

Objectives:

1. Recognize the applications of cryptocurrency and blockchain technologies 2. Identify the audit consideration factors for client acceptance and continuance 3. Identify and address specific audit risks unique to cryptocurrency transactions and balances 4. Recognized ethical issues arising that may arise while working in a new sector that has few regulations and undefined rules.

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Profession

NASBA: Yes

QAS: Yes

CPA: Suitable for all CPAs

IRS: No IRS credit for Enrolled Agents.

Profession Identifiers: CPA