Risks and Challenges of Blockchains

Disruption

Course

Risks and Challenges of Blockchains

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

  • Format

    Course - Online

  • Level

    Basic

  • Duration

    1h 30m

Focuses on blockchain and cryptocurrency risks and covers the emergence of new risks that did not exist in the traditional business models.

Learning outcomes

  • Distinguish between risks associated with human factors and risks outside the control of the person or organization.
  • Identify regulatory risks, standards, and legality associated with blockchain and cryptocurrency adoption.
  • Recall how key management is critical for securing cryptocurrency and how it relates to legacy risk and long-term security.
  • Recognize how governance, consensus, and fork and chain splits risks are related to one another and the challenges of managing chain split coins.
  • Identify risks that are future focused.

£65.00 (CIMA members only)

£79.00

VAT calculated on checkout

Product information

Overview

This self-study online course is part of the Blockchain Fundamentals for Accounting and Finance Professionals Certificate program. You must purchase the bundle to earn the certificate. To learn more about the certificate and purchase the bundle, click here.

This self-study online course focuses on blockchain and cryptocurrency risks and covers the emergence of new risks that did not exist in the traditional business models. You will explore key management risk, wallet and code risk, fork and chain split risk, consensus risk, legacy risk and fungibility risk. In addition, this course expands on regulatory concerns and standards related to cryptocurrencies.

Topics discussed:

  • Risks related to human factors and risks outside of people and organizations
  • Regulatory risks, standards and legality
  • Securing cryptocurrency
  • Governance, consensus and fork/chain split risks
  • Interoperability, encryption and fungibility risk

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 1.5 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 Management and Technology Assurance
Prerequisites:None
Programme level:Basic
Duration:1h 30m
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.