Module 5: Blockchain The taxation environment
|CPD Hours:||Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)|
What makes people both excited and nervous about blockchain is that it’s asking us to put trust in technology as opposed to centralized human institutions. Its advocates herald blockchain as a way to transform banking, to fight fraud, to bring transparency to opaque supply chains, and to settle disputes about land ownership, just to name a few of the benefits they see. Chances are good that your organization will investigate or experiment with blockchain technology at some point in the future. Be prepared to inform the business of the risks involved and potential controls needed for blockchain projects. We have scheduled a couple of virtual training sessions on various blockchain topics we think is of great importance to take note of. If you have not shown an interest in this emerging technology and what it is capable of, now should be the time! Don’t leave this for later, jump in now! Postponing your learning and awareness of this topic might cost you your reputation and income as a professional in the field of accounting, auditing and tax.
We will address questions such as: • Why you need to understand the blockchain system and the technology behind it • Will this technology take over our roles and responsibilities as qualified professionals in the field of accounting, auditing and tax? • Do we know enough to be able to serve our clients and their needs? • Etc. Our presenter is a qualified Chartered Accountant and also a holder of a Masters degree in SA and International tax. Lynette Berger completed her dissertation with the topic on the Income Tax implications of Bitcoin exchange transactions. She has a passion for this emerging market and the possibilities it holds for the auditing and tax professions.
Module 1: Blockchain and Bitcoin terminology Module 2: Blockchain applications Module 3: Cryptocurrencies, Altcoins, ICOs – all you need to know Module 4: Smart contracts Module 5: The taxation environment Module 6: The regulatory environment: comparing SA to other countries’ responses Module 7: Legal issues and the future Module 8: Auditing issues, challenges and considerations
• Accountants • Auditors • Tax practitioners • Financial planners • Attorneys and • any person involved or who may want to obtain a basic knowledge and understanding of the blockchain environment
Delegates must have the following available on the course day: a) Own computers (PC or laptop) with Excel and MS Word loaded onto the machine b) Stable internet Connection (Wi-Fi or 3G) with sufficient data for the two days c) Headset (microphone, speakers) for each delegate d) Webcam (external or built-in) – recommended e) Google Chrome loaded onto the machine (breakout functionality) For the engagement activities and online tools, other devices such as the iPad and iPhone are NOT recommended. Please ensure that you are logged in 15 minutes prior to the start of the session.
CPD certificates are available at R100 per assessment. IMPORTANT: One person per registered log-in
Course changes / cancellations A minimum of TEN students is required in order to run a course. ProBeta Training reserves the right to change the date or cancel an advertised course without liability. ProBeta’s liability in the event of cancellation will be limited to a refund of the course fee. Any such changes will be communicated at least two weeks prior to the course day by the course administrator. Registered delegates will be contacted via e-mail or mobile contact numbers. A 15% administration fee will be charged on all cancellations. All cancellations must be received in writing 8 working days before the event (course). Thereafter the full training fee is payable. Delegate substitutes are welcome at any time. Course fee changes ProBeta Training cannot be held responsible for any deviations in price from time to time. Pricing will also be confirmed on the individual booking form, course confirmation as well as per invoice issued.