Course Detail(ADT295 : Cryptocurrency Accountability: Addressing Audit Assertions (Classroom))
Not Available

UTAP Funding

ADT295 : Cryptocurrency Accountability: Addressing Audit Assertions (Classroom) NEW

3.50 CPE Hours (Category 3Category 5)
Classroom

Risks associated with auditing mining companies, blockchain developers and investment firm can be effectively managed with a thorough understanding of the technology underpinning cryptocurrencies.

Traditional investment firms, such as BlackRock, ARK Invest, and Fidelity, are submitting applications to the U.S. Securities and Exchange Commission (SEC) for Bitcoin ETFs. This marks a significant tipping point towards the mass adoption of cryptocurrency.

This program will explore the key components of cryptocurrency and introduce tools that are useful in auditing companies involved in the cryptocurrency sector.

Programme Outline

1. What is cryptocurrency?
2. What are the technologies behind cryptocurrency?
3. Centralized vs Decentralized
4. Case studies on how to address the following audit assertions when auditing cryptocurrency.

a. Rights and obligations
b. Existence
c. Valuation
d. Completeness and Occurrence



On the completion of this course, you will:

Participants attending your course will come out with more confidence and knowledge in having successful crypto audit.

  • Gaining a basic understanding of how cryptocurrency works
  • Identifying the different players in the cryptocurrency ecosystem
  • Tools available for assistance
  • Consideration when auditing cryptocurrency

Training Methodology

The course is designed to be highly interactive, featuring numerous opportunities for engagement between the trainer and participants. It includes multiple question-and-answer sessions interspersed throughout the program. Additionally, we will conduct polls to gather participants' perspectives on cryptocurrency

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

This intermediate-level course is designed for professionals in the assurance industry who have clients involved in the cryptocurrency sector.

Competency Mapping

Category 3 = 1.00 Hours
Category 5 = 2.50 Hours

Schedule & Fees
Date & Time

24 Jun 2024 (2:00 PM - 5:30 PM)

Fee (inclusive of GST)

For Members: $ 214.73
For Non-Members: $ 256.15

Programme Facilitator(s)

Leon Low

Venue

60 Cecil Street
ISCA House
Singapore 049709

Testimonial

Funding

1] NTUC Union Training Assistance Programme (UTAP)

NTUC members enjoy 50% *unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP. NTUC members aged 40 and above can enjoy higher funding support up to $500 per individual each year, capped at 50% of unfunded course fees, for courses attended between 17 April 2024 to 31 December 2025.

*Unfunded course fee refers to the balance course fee payable after applicable government subsidies. This excludes material fees, registration fees, misc. fees etc.

This course is approved for UTAP support for intakes conducted between 03 April 2024 – 31 March 2025.

As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.

  • Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
  • Course by training provider must be supported under UTAP and training must commence within the supported period and;
  • Unfunded course fee must not be fully sponsored by company or other types of funding
  • Unfunded course fee must be S$20.00 and above, and;
  • Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
  • UTAP application must be made within 6 months after course ends.

For more information on UTAP Funding and to submit for UTAP claims, please visit https://www.ntuc.org.sg/uportal/programmes/union-training-assistance-programme. Terms and conditions apply.

Programme Facilitator(s)


Leon Low
FCA (Singapore)
 
Leon a Fellow Chartered Accountant, began his career in the audit industry, like many accounting graduates. He has since transitioned to the role of Chief Operating Officer at a web3 investment company. Over his 17 years in the accounting and finance sector, Leon has gained diverse experience, including stints with Big Four audit firms, a listed company, a startup valued at $100 million, and as a CFO in a fintech firm specializing in payments and cryptocurrency investments. He also co-founded an accounting firm that focuses on crypto accounting.
 
Leon’s interest in cryptocurrency was sparked during his tenure as a CFO, where he was tasked with implementing a cryptocurrency payment operating structure. He explored various aspects of DeFi, such as swapping assets, transferring assets to other wallets, and depositing assets in DeFi platforms to earn interest. This experience led him to appreciate the autonomy that cryptocurrency offers, epitomized by the principle that one can truly own an asset without the fear of it being taken away. Leon views cryptocurrency as being in a stage akin to the early days of the internet, signifying its potential for growth and innovation.

Risks associated with auditing mining companies, blockchain developers and investment firm can be effectively managed with a thorough understanding of the technology underpinning cryptocurrencies.

Traditional investment firms, such as BlackRock, ARK Invest, and Fidelity, are submitting applications to the U.S. Securities and Exchange Commission (SEC) for Bitcoin ETFs. This marks a significant tipping point towards the mass adoption of cryptocurrency.

This program will explore the key components of cryptocurrency and introduce tools that are useful in auditing companies involved in the cryptocurrency sector.

Programme Outline

1. What is cryptocurrency?
2. What are the technologies behind cryptocurrency?
3. Centralized vs Decentralized
4. Case studies on how to address the following audit assertions when auditing cryptocurrency.

a. Rights and obligations
b. Existence
c. Valuation
d. Completeness and Occurrence



On the completion of this course, you will:

Participants attending your course will come out with more confidence and knowledge in having successful crypto audit.

  • Gaining a basic understanding of how cryptocurrency works
  • Identifying the different players in the cryptocurrency ecosystem
  • Tools available for assistance
  • Consideration when auditing cryptocurrency

Training Methodology

The course is designed to be highly interactive, featuring numerous opportunities for engagement between the trainer and participants. It includes multiple question-and-answer sessions interspersed throughout the program. Additionally, we will conduct polls to gather participants' perspectives on cryptocurrency

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

This intermediate-level course is designed for professionals in the assurance industry who have clients involved in the cryptocurrency sector.

Competency Mapping

Category 3 = 1.00 Hours
Category 5 = 2.50 Hours

Programme Facilitator(s)

Leon Low
FCA (Singapore)
 
Leon a Fellow Chartered Accountant, began his career in the audit industry, like many accounting graduates. He has since transitioned to the role of Chief Operating Officer at a web3 investment company. Over his 17 years in the accounting and finance sector, Leon has gained diverse experience, including stints with Big Four audit firms, a listed company, a startup valued at $100 million, and as a CFO in a fintech firm specializing in payments and cryptocurrency investments. He also co-founded an accounting firm that focuses on crypto accounting.
 
Leon’s interest in cryptocurrency was sparked during his tenure as a CFO, where he was tasked with implementing a cryptocurrency payment operating structure. He explored various aspects of DeFi, such as swapping assets, transferring assets to other wallets, and depositing assets in DeFi platforms to earn interest. This experience led him to appreciate the autonomy that cryptocurrency offers, epitomized by the principle that one can truly own an asset without the fear of it being taken away. Leon views cryptocurrency as being in a stage akin to the early days of the internet, signifying its potential for growth and innovation.

Upcoming Schedule

Date & Time

24 Jun 2024 (2:00 PM - 5:30 PM)
Fee (inclusive of GST)

For Members: $ 214.73
For Non-Members: $ 256.15

Programme Facilitator(s)

Leon Low

Venue

60 Cecil Street
ISCA House
Singapore 049709


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