Digital And Technology
Application of Blockchain for Accountants
Blockchain Applications in Accounting, Banking, Supply Chains, and Audit
3 CPD credits on completion
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Certificate on completion
Downloadable resources
Self-paced learning
About This Course
Course Information
The learning outcomes from this CPD course include: An introduction to cyber threats facing businesses and individuals. An overview of the objectives of cyber security. .The key principles of protection, detection and response. Other means of defending against cyber security risks.
Certificate on Completion
This course is made up of videos, questions and additional reading materials, and accounts for 2 units of CPD . One unit is the equivalent of one hour of learning.
Course Sections
This course is made up of the following sections:
- Cyber threats and security objectives (video)
- Cyber threats and security objectives (quiz)
- Cyber security processes (video)
- Cyber security processes (quiz)
What You Will Learn
- Describe the structure and security features of blockchain, including hash codes, consensus mechanisms, and proof of work
- Explain how cryptocurrency operates within a distributed ledger and the accounting challenges it presents
- Assess the impact of blockchain on the accountancy profession, including changes to bookkeeping, reconciliation, and audit roles
- Identify the potential applications of blockchain in banking, including faster transactions, reduced fees, and secure identity verification
- Evaluate how blockchain can improve supply chain transparency and traceability of goods
- Recognise the regulatory and energy-cost obstacles that currently limit widespread blockchain adoption
Who This Course Is For
- Qualified accountants who want to understand how blockchain will change their day-to-day work, from transaction recording to audit
- Finance professionals working in banking or financial services who need to assess blockchain's practical applications
- Auditors interested in how distributed ledgers affect the assurance process and the verification of asset ownership
- Professionals looking to build knowledge in blockchain as a diversifying skill for the accounting sector
Prerequisites
- A working knowledge of accounting principles, including double-entry bookkeeping and financial reporting
- No prior blockchain knowledge is required, as the course covers blockchain fundamentals in Part 1
Frequently Asked Questions
Course Details
CPD Credits3
CertificateYes
Pricing
Pricing
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Everything included in your subscription:
CPD certificate on completion
Downloadable resources
Self-paced learning
Expert-led content
24/7 access
Mobile friendly
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