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Blockchain Essentials for CPAs: Core Principles and Uses (Course Id 2403)

QAS / Registry
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Author:

Kelen Camehl, CPA, MBA

Course Length:

Pages: 18 ||| Word Count: 7227 ||| Review Questions: 3 ||| Final Exam Questions: 5

CPE Credits:

1.0

IRS Credits:

0

Price:

$12.95

Passing Score:

70%

Course Type:

Text
Blockchain Essentials for CPAs: Core Principles and Uses - CPE course

Technical Designation:

NonTechnical

Field Of Study:

Computer Software & Applications

Approved Audience:

NASBA QAS - NASBA Registry

Key Takeaways:

This course provides an overview of blockchain technology and its implications for the accounting profession.

  • Covers the fundamentals of blockchain technology and how it functions.
  • Explains applications of blockchain in accounting processes.
  • Addresses the potential benefits and challenges blockchain presents for accounting professionals.
  • Worth 1.0 CPE credit in Accounting as a self study text course on blockchain essentials for CPAs, requiring a 5 question final exam preceded by 3 review questions and a 70% passing score.

Frequently Asked Questions:

The Blockchain Essentials for CPAs course recalls steps in blockchain transactions and consensus mechanisms.

This course distinguishes blockchain from traditional databases.

This course recognizes use cases of blockchain technology for CPAs.

Blockchain Essentials for CPAs Core Principles and Uses is a NonTechnical, self study text course in Computer Software and Applications worth 1.0 CPE credit, requiring a 5 question final exam preceded by 3 review questions (optional) at a 70% passing score. CPEthink is approved by NASBA as a CPE sponsor and lists this course on the NASBA site as a courtesy for CPAs to search https://nasba.org.

Description:

This course provides an overview of blockchain technology and some of its implications for the accounting profession. It covers the fundamentals of blockchain, its applications in accounting, and the potential benefits and challenges. The course is designed for CPAs and accounting professionals seeking to better understand blockchain technology and how it can be used to potentially enhance their accounting processes.

Usage Rank:

14444

Release:

2024

Version:

1.0

Prerequisites:

None.

Experience Level:

Overview

Additional Contents:

Complete, no additional material needed.

Additional Links:

Advance Preparation:

None.

Delivery Method:

QAS Self Study

Intended Participants:

Anyone needing Continuing Professional Education (CPE).

Revision Date:

14-Nov-2024

NASBA Course Declaration:

Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam.

Keywords:

Blockchain Essentials for CPAs: Core Principles and Uses - CPE course

Learning Objectives:

Course Learning Objectives

Upon completion of this course, you will be able to:
  • Identify key components and concepts of blockchain technology
  • Recall steps in blockchain transactions and consensus mechanisms
  • Distinguish between blockchain and traditional databases
  • Recognize use cases of blockchain for CPAs

Course Contents:

Chapter 1 - Blockchain Essentials for CPAs: Core Principles and Uses

Course Learning Objectives

Course Overview

Introduction

Historical Development

Blockchain Key Concepts

Review Questions

Blockchain vs. AI

Blockchain vs. Traditional Databases

How Blockchain Works

Transaction Process

Consensus Mechanisms

How Can CPAs Use Blockchain Technology

Conclusion

Review Questions

Glossary of Key Terms

Click to go to: Computer Software & Applications CPE Courses for CPAs
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