Course Detail()

UTAP Funding

3.50 CPE Hours (Category 1, Category 3Category 5)
Classroom

Programme Objective

This course aims to equip auditors with a foundational understanding of cryptocurrencies, the key risk areas to focus on when auditing clients with crypto assets, and the methodologies to assess the valuation of crypto assets effectively.

Programme Outline

Introduction to Cryptocurrency for Auditors

  • Overview of cryptocurrencies and blockchain technology
  • Key risk areas in auditing crypto assets     

Valuation of Cryptocurrency

  • Methods for valuing cryptocurrencies
  • Challenges in crypto valuation    
  • Accounting standards and guidelines

Auditing Procedures for Cryptocurrency

  • Planning and scoping an audit
  • Understanding and testing internal controls
  • Substantive testing
  • Using blockchain explorers and tools for audit evidence    

Regulatory and Compliance Considerations

  • Overview of current regulations
  • Key compliance challenges and strategies        

On the completion of this course, you will be able to:

  • Obtain a comprehensive understanding  of cryptocurrencies and blockchain technology;
  • identify and assess key risk areas in auditing crypto assets;
  • apply various methods for the valuation of cryptocurrencies;
  • implement effective auditing procedures for cryptocurrency; and
  • navigate regulatory and compliance challenges associated with crypto assets.

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

This course is intended for auditors and accounting professionals who are keen to understand how to audit crypto assets. This course is also ideal for those working in accounting firms, audit practices, or finance departments.

Schedule & Fees

Testimonial

Funding

1] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.

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 01 April 2024 and 31 March 2025. *This excludes miscellaneous fees such as GST and registration fee etc.
 
This course is approved for UTAP support for intakes conducted between 02 Oct 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.

To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg/. Terms and conditions apply.
Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

Programme Facilitator(s)

Programme Objective

This course aims to equip auditors with a foundational understanding of cryptocurrencies, the key risk areas to focus on when auditing clients with crypto assets, and the methodologies to assess the valuation of crypto assets effectively.

Programme Outline

Introduction to Cryptocurrency for Auditors

  • Overview of cryptocurrencies and blockchain technology
  • Key risk areas in auditing crypto assets     

Valuation of Cryptocurrency

  • Methods for valuing cryptocurrencies
  • Challenges in crypto valuation    
  • Accounting standards and guidelines

Auditing Procedures for Cryptocurrency

  • Planning and scoping an audit
  • Understanding and testing internal controls
  • Substantive testing
  • Using blockchain explorers and tools for audit evidence    

Regulatory and Compliance Considerations

  • Overview of current regulations
  • Key compliance challenges and strategies        

On the completion of this course, you will be able to:

  • Obtain a comprehensive understanding  of cryptocurrencies and blockchain technology;
  • identify and assess key risk areas in auditing crypto assets;
  • apply various methods for the valuation of cryptocurrencies;
  • implement effective auditing procedures for cryptocurrency; and
  • navigate regulatory and compliance challenges associated with crypto assets.

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

This course is intended for auditors and accounting professionals who are keen to understand how to audit crypto assets. This course is also ideal for those working in accounting firms, audit practices, or finance departments.

Programme Facilitator(s)


No course instances or course instance sessions available.