Blockchain for Accountants (Text Based)

This presentation provides a concise overview of blockchain - an online system of shared databases and distributed ledgers. The course describes how blockchain technology is disrupting many of the core functions of the accounting profession examines blockchain pros and cons, discusses how to determine if blockchain is appropriate for your operations, lists leading blockchain vendors, and reviews on how to implement key blockchain strategies and tactics that can potentially boost your relevance, value, and revenue as a financial practitioner.

Program Content

• What blockchain is and what it's not (It's not bitcoin!)
• Blockchain's multiple implications for the accounting profession
• Public vs. private blockchains
• Blockchain's many applications that go far beyond accounting and finance
• Key blockchain resources and communities online
• Blockchain starter strategy for accountants

Learning Objectives:

1. Explore blockchain fundamentals and how the technology will disrupt  many of the core businesses of the accounting profession
2. Review blockchain's potential to help accountants increase their relevance, value and revenue
3. Highlight how a typical CPA can transform blockchain into more of an opportunity and less of a threat by resetting their traditional accounting mindsets, methods, and skills

Instructional Method: Self-Study