Blockchain Implications for Audit and Assurance Services
LIVE

Online Event

22 January, 2019 + 1 more

4:30 am - 10:00 am UTC

Webcast
4:30 am - 10:00 am UTC

Blockchain Implications for Audit and Assurance Services

Speaker: Prashant Nisar, CPA, CAMS

  • Format

    Webcast

  • Level

    Intermediate

  • Duration

    5h 30m

This webcast is intended to provide accountants, globally, with an understanding of the current leading practices for audit and assurance services associated with entities utilizing blockchain technology.

Learning outcomes

  • 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 in order to prove custody and ownership.
  • Recall how smart contract operations are evaluated in order to verify their claims and functions.
  • Assess a blockchain’s consensus algorithm for reliability of transactions occurring on a blockchain.
  • Assess risks in regard to data input accuracy, regulatory considerations, and 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 and may not be impacted by blockchain technology. • Analyze how audit and assurance services may evolve due to blockchain, including the future role of the CPA

Select a date and time

£159.00 (CIMA members only)

£199.00

VAT calculated on checkout

Product information

Overview

This webcast is intended to provide accountants, globally, with an understanding of the current leading practices for audit and assurance services associated with entities utilizing blockchain technology. The learner will attain the broad relevant knowledge necessary to explore conducting these services and how the role and responsibilities of an auditor may evolve in the future.

Topics discussed:

  • 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

Who should take this course?

  • 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 and digital assets and their impact on a financial audit.

Professional development

This Webcast offers 5.5 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 Technology = 3 credits and Auditing = 2.5 credits
Programme level:Intermediate
Duration:5h 30m
Format:Webcast
Access:This is a live event. You will have access to webcast on the date/time of broadcast and the archive for 3 months after the broadcast date.

Return and refund policy

£159.00 (CIMA members only)

£199.00

VAT calculated on checkout

Speaker

  • 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 advises 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.

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