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Web Events
Blockchain Implications for Audit and Assurance Services
NASBA FIELD OF STUDY
Auditing and Information Technology
LEVEL
Intermediate
CPE CREDITS
Video Webcast: 5.5
Are you wondering how audit and assurance services are evolving because of blockchain? Join this webcast to gain an understanding of the current practices for entities using blockchain technology.

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If you are using an unsupported version of a Windows, Mac, or Linux operating system, you may experience difficulty in viewing and/or listening to the event.

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Product details

Who Will Benefit?

  • Auditors of businesses and management of businesses that are utilizing blockchain technology
  • Auditors of businesses and management of businesses that are holding, trading or issuing digital assets
  • Individuals who are interested in getting a better technical understanding of blockchain technology, digital assets and the impact on a financial audit

Key Topics

  • Auditor's Lens - Fundamentals of blockchain technology
  • Data reliability, integrity and security of blockchain technology
  • Risk assessments of blockchain technology
  • Audit evidence and assertions associated with blockchain technology
  • The future role of auditors and the impact of blockchain technology

Learning Objectives

  • Recall how a transaction on a blockchain is established and executed in order to determine data reliability.
  • Recognize how the various types of wallets are created and used to prove custody and ownership.
  • Recall how smart contract operations are evaluated to verify their claims and functions.
  • Assess a blockchain's consensus algorithm for reliability of transactions occurring on a blockchain.
  • Assess risks to data input accuracy and regulatory considerations, as well as identify the users and relevance of a SOC report and when it is appropriate to obtain.
  • Differentiate between the audit evidence, assertions and related services that may be impacted by blockchain technology.
  • Analyze how audit and assurance services may evolve due to blockchain.

Are you wondering how audit and assurance services are evolving because of blockchain? Join this webcast to gain an understanding of the audit and assurance services leading practices for entities using blockchain technology.

You will learn about the fundamentals and risk assessments of this new technology. We will even clarify how the role and responsibilities of an auditor may evolve in the future. By the end of this webcast, you will have the necessary knowledge to conduct these services and prepare your organization for the impact of blockchain technology.

Important Information on Your CPE Credit

FAQs

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If you opted for the CPE version of the webcast, then: YES. After the webcast is completed and you have selected all of the qualifying attendance checks, you will have the ability to print/download your CPE certificate. There are a number of ways to access your certificate.

  • At the end of the event, while still logged in, you can click the CPE icon at the bottom of the event player, which will launch a pop-up window containing your certificate.
  • If you do not click the CPE icon while in the presentation, you will have subsequent opportunities to download and print it. A post event email will be sent to the email address the event was registered under with a direct link to your certificate, as well as, access to the archive where you can again click the CPE icon.
  • If you have an AICPA/CPA.com store ID, you will also be able to access your certificate from your My Accounts section. If you opted for the NO CPE version of the webcast, then you will not be able to receive a certificate of completion.

NOTE: If you attended the CPE eligible webcast event, but did not click all the required attendance checks, qualifying you for CPE credit, you will NOT be able to use the archive of the event to then qualify for CPE. As a reminder CPE credit cannot be given for watching the archived version of the webcast due to NASBA guidelines.


Yes. All registrants of our webcasts get access to the archive after the event is over. The archive is typically available 24 hours after the event ends and online for 3 months. The same link you receive for accessing the live event can be used for accessing the archive. CPE credit will only be given if you attend the original, live webcast. Credit cannot be given for watching the archive version of any AICPA webcast, due to the National Association of State Boards of Accountancy (NASBA) guidelines issued for CPE.

When the FAQs in the presentation resource list don't resolve your issue, we ask that you contact us immediately for further assistance using the Q&A function in the presentation or one of the following:

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Participation in a live webcast is considered group-study. Credit is based on the scheduled length of the live program, with one 50-minute period equal to one CPE credit. Most webcast are scheduled for 100 minutes or two CPE credits.

You can find more information on the following AICPA Store web page: Important Information on Your CPE Credit.

Yes, you can log in during any portion of the webcast. Please note, however if you do not respond to the required amount of attendance checks, which are randomly distributed throughout the event, you will not qualify to receive your CPE certificate.

You may substitute your registration with another webcast of equal or lesser value if the request is received up to a day prior to the webcast. Refunds, less 50 percent administrative fee, will be issued if cancellation requests are received up to a day prior to webcast. No refunds or substitutions will be issued if cancellation requests are received during the webcast or after the webcast completion. For further information, call the AICPA Service Center at 888-777-7077 or send an email to service@aicpa.org.

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For those participants sitting together as a group, using a single computer, the person who makes the PURCHASE must be the person logged into the event in order for everyone to receive CPE credit. As the attendance checks are presented on the screen the person logged in must answer them. If all the required checks have been met at the end of the event, the person logged in will click the CPE icon and a form will be provided, so that they can enter each participant who was sitting in the room with them. Once the form is fill out with all the users names/email addresses, then all certificates will be generated for saving/printing.

So what does this mean for my CPE certificate?

If you attended in a group, then the person who is logged in is responsible for responding to the attendance checks. After the event is over and the person logged in selects the CPE icon, they will be required to fill in the name, email and STORE ID of each person sitting in the room. This is why those individuals must have previously registered. Without a valid store ID, the attendee will NOT be able to access their CPE certificate from the MY ACCOUNT option after the event.

Ratings and reviews
Speaker bio

Prashant Nisar, CPA, CAMS

Prashant Nisar is an experienced senior manager in the New York Financial Services Audit Practice of RSM US LLP. Prashant has more than thirteen years of public accounting experience. He has both private and public company experience, focusing on securities industries, business development company, financial institutions and Blockchain industry and advices clients on accounting and strategic issues. Prashant has experience in auditing Blockchain Company in the payment space, cryptocurrency trading, and bitcoin swap dealer and provides advisory services to regulated bitcoin exchanges. He is an active public speaker in the Blockchain industry. Prashant is a member of Digital Chamber of Commerce and is actively involved with the Accounting Blockchain Coalition.

Wesley Jamieson

Wes Jamieson is one of RSM's National Lead Blockchain Technical Resources. He also oversees the CT tax team in researching and servicing clients. He has provided tax consulting services on virtual currency taxation compliance considerations to high net worth individuals and investment companies as well as worked on various teams to assist with international and domestic structuring considerations for blockchain companies. He has also orchestrated a team of individuals to research and write reports about the ongoing regulatory environment on a state by state and international basis.

Bennett Moore, National Blockchain Innovation, RSM US LLP

Bennett Moore is RSM's National Lead Blockchain Technical Resource where he is involved in actively sharing knowledge and consulting on complex technical projects related to blockchain technology. He works across all three lines of business, audit, tax, and consulting, and is a recognized thought leader by his firm on digital asset security, accounting, taxation, and architectural strategy. Bennett is an active educator, investor, advisor, and enthusiast of blockchain technology that gives frequent presentations and speeches on blockchain and digital assets at external and internal firm conferences. He is also a member of the CTCPA Technology Sub-Committee on Innovation, a representative for his firm on multiple initiatives at the Chamber of Digital Commerce, and participates in all of the working groups within the Accounting Blockchain Coalition.

Jay Schulman, Principal, RSM US LLP

Jay leads Cryptocurrency and Blockchain practice for RSM. He has helped a major commodities exchange roll out an initial coin offering, consulted multiple trading firms on the security of their cryptocurrency trading strategies, developed strategies for adopting blockchain and taught numerous classes on the basics of blockchain and cryptocurrencies.

Price:
$379.00
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Estimated total:
$379.00
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CREDIT INFO
CPE credits
Video Webcast
: 5.5
NASBA Field of Study
Auditing and Information Technology
Level
Intermediate
Prerequisites
Basic knowledge of blockchain technology.
ADVANCE PREPARATION
None
Delivery Method
Group Internet Based
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