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Ethical & Audit Considerations of Cryptocurrency

This course uses several case studies to illustrate the audit and ethical considerations in the newly emerging sector.

Created byBlair Cook Jennifer Nicholson
IntermediateUpdated May 27, 2022

What You'll Learn

  • check_circleDiscuss the applications of cryptocurrency and blockchain technologies
  • check_circleIdentify the audit consideration factors for client acceptance and continuance
  • check_circleIdentify and address specific audit risks unique to cryptocurrency transactions and balances
  • check_circleDiscuss ethical issues arising that may arise while working in a new sector that has few regulations and undefined rules.

About This Course

Cryptocurrencies, such at Bitcoin and Ethereum, are just two of thousands of emerging solutions to create frictionless global transactions between counterparties. Additionally, cryptocurrencies are positioning themselves to become the “new gold” of the modern world as a store of value and immune from geo-political risk.The rise and fall of cryptocurrency prices has not deterred interest in the technology or the space, but is leading to every more practical, accessible and useful applications of blockchain technology. This course uses several case studies to illustrate the audit and ethical considerations in the newly emerging sector.Few accountants and auditors are conversant with cryptocurrency technology and this course is designed to improve your level of awareness and deepen your understanding of issues associated with issuing an audit opinion for clients in this space. Field of Study: Audit; Behavioral Ethics

Course Content

2 activities • 10 videos • duration: 1h 15m

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Ethical & Audit Considerations of Cryptocurrency-Part110 videos • 1 quiz • 1.3 hours
  • videocamCourse Overview
    Duration 3:18
  • videocamCryptocurrency the Business
    Duration 6:28
  • videocamCryptocurrency 101
    Duration 6:56
  • videocamBlockchain 101
    Duration 10:04
  • videocamThe Rise of Cryptocurrency
    Duration 7:54
  • videocamAudit Client Acceptance Issues
    Duration 7:05
  • videocamQuadriga Quandary: An Ethical Dilemma
    Duration 7:08
  • videocamUnique Audit Risks Arising in Cryptocurrency
    Duration 10:45
  • videocamThe Slow Demise of Quadriga
    Duration 7:55
  • videocamThe Curious Case of Cotton’s Missing Coins
    Duration 7:27
  • quizReview Questions
add
Final Exam-Part11 quiz

Your Instructor

Blair Cook Jennifer Nicholson

CPA, CA Leadership

menu_book55 courses
star5,700 reviews

Blair is a seven-time CFO, a director, and an educator at Executive Finance Partners - a professional development and executive coaching firm for financial professionals and executives. He also serves as a corporate director and audit committee chair of publicly listed companies: Terravest Industries and Clarke Inc. He is also the Board Treasurer of the Devour Food & Film Festival and serves on various committees of CPA Nova Scotia. Blair is the author of The Illiterate Executive: An Executive’s Handbook for Mastering Financial Acumen.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.5 out of 5
Student's Choice
98 reviews
  • AS
    Andrew S.
    starstarstarstarstar

    Great course

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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