Digital Assets and Cryptocurrency
Date: Wednesday, May 21, 2025
Instructor: Cory Campbell
| Begin Time: |
11:00am Pacific Time
12:00pm Mountain Time
1:00pm Central Time
2:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs |
|
Cryptocurrency is reshaping the financial landscape by utilizing advanced cryptographic methods to secure and authenticate transactions. Through the integration of self-executing smart contracts within decentralized networks, it paves the way for financial innovation. This includes transforming payment systems, enabling decentralized finance (DeFi) applications, and creating new opportunities for investment and fundraising via Initial Coin Offerings (ICOs). This workshop is tailored for accounting professionals who seek to deepen their knowledge of cryptocurrency’s decentralized financial systems and the operational efficiencies introduced by blockchain technology. Participants will explore the implications for financial reporting, auditing, and regulatory compliance, gaining insights into how cryptocurrency can reshape the future of finance.
Topics Covered
- How blockchain ensures transparency and immutability, revolutionizing the reliability of financial records
- Crypto trends in a Trump administration “pro-business” regulatory environment
- Global trends as it relates to (Central Bank) Digital Currency
Learning Objectives
- Indicate the fundamental characteristics of blockchain technology
- Analyze the impact of blockchain technology on traditional financial reporting, auditing, and regulatory compliance processes
- Evaluate the potential risks and benefits of integrating cryptocurrency and decentralized finance (DeFi) solutions into existing financial systems
- Apply knowledge of cryptocurrency and smart contracts to identify opportunities for operational efficiencies within accounting practices
Level
Basic
Instructional Method
Group: Internet-based
NASBA Field of Study
Information Technology (2 hours)
Program Prerequisites
None
Advance Preparation
None
