Blockchain and cryptocurrency are hot topics both as technologies and investments. Ethereum, ICOs and proof of concept are among the buzz words associated with these topics. The blockchain technology has the potential to be a significant disruptor in terms of how business transactions are initiated, authorized and recorded. A question that has not been explored until recently is how this technology will affect the assurance profession.
A published CPA Canada report on blockchain technology (https://www.cpacanada.ca/en/business-and-accounting-resources/audit-and-assurance/canadian-auditing-standards-cas/publications/impact-of-blockchain-on-audit) has urged assurance professionals to understand the implications of this technology on the profession. In this webinar, we will make blockchain technology and cryptocurrency understandable and provide practitioners with action steps to help them prepare for this game changing technology2