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.
Prerequisites
No advanced preparation or prerequisites are required for this course.Learning Objective
- Identify key components and concepts of blockchain technology.
- Recognize and recall steps in blockchain transactions and consensus mechanisms.
- Discover and distinguish between blockchain and traditional databases.
- Recognize use cases of blockchain for CPAs.
Last updated/reviewed: Aug 07, 2024
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