Blockchain for Accountants 5: Risks and Challenges of Blockchain

In-house course

2.00
Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
Nestene Botha   0118861395   gillian@probetatraining.co.za

This is the fifth in a series of webinars around the Blockchain for Accountants topic. Enhance your digital skills, and understanding of the new world in which business is developing. Future-proof your accounting firm by jumping on board and gaining an understanding around the fast evolving principles in this tech space that is set up to revolutionize the way that accountants do business and help the clients they serve to do business - in a safe, secure and revolutionary way.

In this webinar delegates will:

Learn all about the risks and challenges of blockchain so that you are prepared to advise internal or external stakeholders on implementation of blockchain.

Inform yourself fully of the potential risks of this technology to complete an understanding of blockchain technology.


When you complete this course you will be able to:

● Distinguish between blockchain risks associated with human factors and those outside control of the person or organization.
● Recall how key management is critical for securing crypto assets.
● Recognize how governance, consensus, and fork and chain split risks are related.
● Identify regulatory standards associated with blockchain and crypto asset adoption.
● Identify regulatory risks associated with blockchain and crypto asset adoption.
● Identify legal risks associated with blockchain and crypto asset adoption.

This session will cover the following:

● Risks and challenges
● Key management risk
● Wallet and code risk
● Social engineering risk
● Encryption risk
● Governance risk
● Technological considerations
● Fork and chain split risk
● Consensus risk
● Legacy risk
● Fungibility risk
● Legal and regulatory risk
● Regulatory concerns and standards for accountants

Accountants and business professionals who are interested in improving their productivity, decision-making, and value offer through an awareness of developments and processes in the blockchain and cryptocurrency space.