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Tuesday, July 27, 2021 Live Webcast

Blockchain and Cryptocurrency Fundamentals (X4-2880353)

11:00 AM - 12:51 PM EDT
webcast

Vendor Platform

2.0 CPE Credits in SK

OVERVIEW

Blockchain is a technique for creating a highly tamper resistant, fault tolerant ledger for recording and validating transactions using encryption. While some think of blockchain exclusively as the engine behind cryptocurrencies like Bitcoin and Ethereum, the blockchain protocol has many other uses, and can be configured to offer anonymity and run on a decentralized basis. Innovations like smart contracts, cryptocurrencies administered by national banks, and its use for recording permanent records like land transfer records and private company stock ledgers. This session will provide an introduction to this disruptive technology, and will provide insights into how it might change the way we do business in the future.

DESIGNED FOR

All CPAs

BENEFITS

  • Explain the key items associated with a blockchain: tokens, coins, digital wallets, transactions, nodes, hashes, and blocks
  • Describe at least two use cases for a blockchain-based ledger
  • Name the two methods for obtaining consensus among the nodes in a blockchain-based ledger
  • List at least three cryptocurrencies which are secured with blockchain-based ledgers

HIGHLIGHTS

  • What Is A Blockchain?
  • Fundamental Components Of Blockchain
  • Types Of Blockchain-based Ledgers
  • How Do The Nodes In Blockchain Record Transactions???
  • Behind The Scenes: Blocks And Hashing
  • Audit and Governance Issues

COURSE LEVEL

Basic

PREREQUISITES

None

ADVANCE PREPARATION

None

ADDITIONAL NOTES

IRS Program Number: 90EKV-T-00276-20-O **Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.

INSTRUCTOR

Brian Tankersley

Brian F. Tankersley, CPA, CITP, CGMA

Brian F. Tankersley, CPA, CITP

Brian F. Tankersley, CPA.CITP, CGMA Director of Strategic Relationships, K2 Enterprises Farragut, Tennessee brian@k2e.com Brian Tankersley is a consultant who advises US firms and companies on accounting technology issues. Mr. Tankersley is a frequent speaker at continuing education courses for K2 Enterprises, and publishes a nationally recognized blog on accounting and technology (www.cpatechblog.com). He has also served as the technology editor for a major accounting industry publication. Mr. Tankersley has over 20 years of professional experience, including accounting, auditing, technology, and education, and has been with K2 Enterprises since 2005. Tankersley has been recognized seven times as one of the “Top 25 Thought Leaders in Public Accounting Technology” by Cygnus Business Media. Tankersley is also one of the authors of the Accounting Firm Operations and Technology Survey, which has been published annually for the last three years. Brian has made presentations in 46 of the 50 US states and has served as a guest speaker for many professional accounting organizations across Canada. He received the Outstanding Discussion Leader Award from the Tennessee Society of CPAs in 2009 and 2013, and was recognized for writing the Article of the Year for the Tennessee CPA Journal in 2011. Brian has presented sessions at many national conferences, including AICPA TECH+/Practitioners Conference, The Sleeter Group’s Solutions Conference, Sage Insights, CCH Connections, and Thomson Reuters Synergy User Conference. Brian is a certified public accountant (Tennessee), a certified information technology professional (CITP), and a Chartered Global Management Accountant (CGMA). He holds bachelor’s degrees in both Accounting and Finance, cum laude, from the University of Tennessee. Tankersley also maintains numerous vendor software certifications, and is a member of the Tennessee Society of CPAs and the American Institute of CPAs. Brian and his family make their home in Farragut, Tennessee.

PRICING

$79.00 - Member

$109.00 - Nonmember

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COURSE DEVELOPER

ACPEN