This course provides CPAs with a foundational understanding of blockchain technology and its implications for the accounting profession. Participants will learn about the historical development of blockchain and key concepts, including decentralization, cryptographic hashing, and consensus mechanisms.
The course covers the transaction process, differences between blockchain and traditional databases, and potential uses of blockchain for CPAs, including audit trails, smart contracts, cryptocurrency management, and supply chain transparency. By the end of this course, CPAs will be equipped to leverage blockchain technology to enhance their practices, ensure compliance, and provide more value to their clients.
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