NASBA Field of Study
Elements of permissioned and permissionless ledgers
Components of security models
Access control mechanisms
Characteristics of hybrid blockchains and blockchain-as-a-service
Governing concepts behind transactions
Difference between unused transactions output and the account model
Transaction throughput and confirmations
Difference between smart contracts and traditional contracts
Types of cryptocurrency exchanges
Initial coin offerings
General cryptocurrency taxonomy
Approaches to applying blockchain technology
How system and organization controls relate to blockchain
Verify process controls with blockchains and cryptocurrency
Technical controls associated with blockchain
Limitations of verification with transactions
Fundamental and changing roles of CPAs
Recognize the elements of permissioned and permission less ledgers and their associated benefits and risks.
Identify the components of security models for both types of blockchains and the continuum where other blockchains reside.
Recall access control mechanisms, the importance of decoupling and segregation of duties and optimizing decentralization.
Identify the characteristics of hybrid blockchains and blockchain-as-a-service.
Recognize the governing concepts behind transactions and fees in different blockchain use cases.
Differentiate between the unused transactions output (UTXO) model and the account model.
Distinguish between transaction throughput and confirmations.
Recall how smart contracts differ from traditional contracts.
Recall how cryptocurrencies can be researched via market capitalization sites.
Identify the different types of cryptocurrency exchanges including the risks and benefits.
Recall the value proposition of initial coin offerings.
Distinguish the elements of the general cryptocurrency taxonomy.
Identify the different approaches to applying blockchain technology to create new business solutions.
Identify system and organization controls (SOC) and how they relate to blockchain.
Identify how to verify important process controls with blockchains and cryptocurrency.
Recognize technical controls associated with blockchain and the need for expert teaming.
Recognize the limitations of verification with transactions.
Identify the fundamental and changing roles of the CPA when interacting with blockchain technologies.
Non-IT finance professionals, CFOs, controllers, management accountants, public accountants, partners, staff, managers and internal auditors