Blockchain Essentials for CPAs: Core Principles and Uses
This course provides an overview of blockchain technology and some of its implications for the accounting profession. It covers the fundamentals of blockchain, its applications in accounting, and the potential benefits and challenges. The course is designed for CPAs and accounting professionals seeking to better understand blockchain technology and how it can be used to potentially enhance their accounting processes.
Course Information
Course No. CAM013
Format: Online pdf (23 pages). Printed book available.
Prerequisites: None
Advance Preparation:None
Level: Basic
CPE Credit: 1 Hr.
Field of Study: Accounting: Technical
Course expiration: You have one year from date of purchase to complete the course.
Course Revision Date: October 2024
Objectives
At the end of this Blockchain Essentials for CPAs course, participants will be able to:
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- Identify key components and concepts of blockchain technology
- Recall steps in blockchain transactions and consensus mechanisms
- Distinguish between blockchain and traditional databases
- Recognize use cases of blockchain for CPAs
Course Contents
Historical Development
Blockchain Key Concepts
Blockchain vs. AI
Blockchain vs. Traditional Databases
How Blockchain Works
Transaction Process
Consensus Mechanisms
How Can CPAs Use Blockchain Technology