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This course provides a concise overview of blockchain -- an online system of shared databases and distributed ledgers. The system allows authorized groups and individuals to evaluate and certify transactions between parties. The transactions are synchronized (every authorized user gets same view), decentralized (not under the control of any one entity), indelible (records cannot be changed or undone), single-use (recorded only one time), and non-reputable (irrevocably associated with the specific party who initiated the transaction). Blockchains can be used not just in accounting but in any situation when a verifiable public record is required (such as health records and educational credentials). The system has been touted as the most disruptive technology in decades, the new operating system for the planet, and the next evolution of the supply chain. You’ll walk away with a fundamental understanding of blockchain, and its potential to add value to your business chain and your career in the accounting profession.
Upon successful completion of this course, you will be able to:
- Summarize at least three key principles of blockchain
- Identify at least 5 benefits of blockchain technology
- Explain at least 5 risks of blockchain technology
- Point out at least four new trust concepts that are enabled by blockchain
- List at least 10 blockchain case studies and success stories
- Understand how the future of accounting looks in a blockchain world
- Blockchain fundamentals
- Pros and cons of technology
- How blockchain works
- A simple example of blockchain
- How blockchains are different than traditional ledgers and databases
- New blockchain trust concepts in 2024
- Leading blockchain platforms in 2024
- Types of blockchains
- Smart contracts
- Blockchain vs. Bitcoin: what’s the difference?
- Blockchain as a product storyteller and digital control tower
- Blockchain case studies
- Blockchain-as-a-service
- Blockchain communities and resources
- How to prepare for the coming blockchain era
- Leaders
- Accountants
- Accounting professionals
- Tax professionals
- Auditors
- Financial Analysts
- Compliance officers
- CFOs
- Educators
- Researchers
- Students
- Visionaries seeking to elevate their research capabilities
- Practitioners who want a basic, non-technical understanding of blockchain and how to take advantage of the technology
Garrett Wasny, MA, CMC, CITP/FIBP is an award-winning Professional Development Technologist to CPAs Worldwide. Since 1995, he has delivered thousands of presentations on Internet strategy to hundreds of leading accounting institutes, industry associations, Fortune 500 companies, small and medium-sized enterprises, business schools and other legal, medical, engineering, pro sports and executive education organizations.
Garrett's writing credits include four books, dozens of e-books and hundreds of articles on online business for scores of leading business publishers, syndicates and magazines including McGraw Hill, John Wiley and Sons, Knight Ridder, the Financial Post, Journal of Commerce and World Trade.
Garrett has also won numerous awards for his writing, speaking and web design. His academic credentials include a Bachelor of Arts with Honours (BA Hons) degree and a Master of Arts (MA) degree. His professional accreditations include Certified Management Consultant (CMC), Certified International Trade Professional (CITP) and FITP (FITT International Business Professional).
In 2017, Garrett is scheduled to deliver 150+ professional development events across North America on a range of technology and accounting topics. The presentations are hosted by leading accounting CPE providers such as Thomson Reuters, CPE Solutions, CPA Crossings, CPE Link, Clear Law Institute and CPA Institutes. His courses cover online productivity, Internet search, digital transformation, mobile computing, social enterprise and tax.
Garrett is an independent Certified Management Consultant (CMC) who provides objective information based on his own impartial research and due diligence. He has more than 20 years experience in the Internet field and started his career at Price Waterhouse.
NASBA -
Clatid is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org.
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