Auditing Digital Assets

Better understand the digital asset environment

Gain confidence when auditing entities who hold or transact with digital assets.

Identify challenges, risks, and factors to consider when deciding to accept or continue with a client who holds or transacts with digital assets.

This course provides critical information, including:

• The mission of the Digital Assets Working Group and the development process of nonauthoritative guidance
• Private keys and ways to safeguard them and the related digital assets
• The rapidly evolving nature of the digital asset ecosystem that may lead to challenges when performing required procedures surrounding laws and regulations.

You will gain:

• Insight into the unique aspects of the risk assessment process in the digital assets space
• Awareness of the pseudo-anonymous nature of digital asset transactions that may lead to challenges in performing required procedures surrounding related-party relationships and transactions.

Who Will Benefit

• Accounting and finance professionals
• CPAs
• Auditors

Key Topics

• Client acceptance and continuance
• Risk assessment and processes and controls
• Laws and regulations and related parties

Learning Outcomes

• Recognize the terminology associated with auditing entities within the digital asset ecosystem.
• Identify applicable auditing standards and unique audit challenges related to client acceptance and continuance; risk assessment and processes and controls; and laws, regulations, and related parties.
• Identify potential factors to consider and procedures to perform in response to the challenges identified.