Blockchain: Benefits, Values, and Opportunities

Accounting applications

Course

Blockchain: Benefits, Values, and Opportunities

Instructor: Kirk Phillips, CPA, CMA, CFE, CPB

  • Format

    Course - Online

  • Level

    Basic

  • Duration

    2h

This self-study online course is a segment of the Blockchain Fundamentals for Accounting and Finance Professionals Certificate program. You must purchase the bundle to earn the certificate. Learn more about the certificate and purchase the bundle here.

This self-study online course focuses on many of the benefits, values and opportunities that arise with the emergence of blockchain technology. It dives into the four characteristics of the bitcoin blockchain: censorship resistance, borderless, neutral and open. We will expand on a use case for blockchain, supply chain. In addition, you will cover industry specific applications, such as healthcare, accounting, tax and legal.

Learning outcomes

  • Identify the four characteristics of the bitcoin blockchain.
  • Recall the three parts of a zero-knowledge proof, what the concept solves, the security breakthrough and the non-financial benefits.
  • Recognize how blockchain provenance affect supply chain and the paradigm shift from the push supply chain to the pull demand chain, as well as the benefits of decentralized file storage and prediction markets.
  • Recall the most significant problems with digital identity and know-your-customer (KYC) regulations, as well as how blockchain shifts control of identities back to the individual and solves the identity fraud problem while saving billions of dollars.
  • Distinguish the industry-specific applications of blockchain especially for accounting, tax and legal, including the single-entry accounting limitation of existing blockchains.

£65.00 (CIMA members only)

£79.00

VAT calculated on checkout

Product information

Overview

Diving into the four characteristics of the bitcoin blockchain: censorship resistance, borderless, neutral and open, this course covers the many benefits, values and opportunities that arise with the emergence of blockchain technology.

Who should take this course?

  • Non-IT finance professionals
  • CFOs
  • Controllers
  • Management accountants
  • Public accountants
  • Partners
  • Staff
  • Managers
  • Internal auditors

Professional development

This Course - Online offers 2 hours of CPE credit.
Note on CPE Requirements and Credits
All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Field of study: Information Management and Technology Assurance
Prerequisites:None
Programme level:Basic
Duration:2h
Format:Course - Online
Access:This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£65.00 (CIMA members only)

£79.00

VAT calculated on checkout

Instructor

  • Kirk Phillips, CPA, CMA, CFE, CPB

    Kirk is author of The Ultimate Bitcoin Business Guide For Entrepreneurs and Business Advisors and was the first CPA to accept bitcoin and other cryptocurrencies.

    He's a contributor to Bitcoin Magazine. As a speaker and continuing education crypto lecturer for CPAs and attorneys, he's a recognized thought leader on crypto security, strategy, accounting and taxation. Kirk is a cryptocurrency, blockchain and ICO advisor, investor and evangelist who weaves risk management into business processes.

    He is Digital Currency Council Certified, a Certified Bitcoin Professional and holds a certificate for the Introduction to Digital Currencies Course by the University of Nicosia.