Self-Study
Modern Technologies in Financial Accounting: From AI and Blockchain to Crypto, RPA, and Cybersecurity
$232.00 – $262.00
Webcasts are available for viewing Monday – Saturday, 8am – 8pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)
Secure Transaction CPE Credits
4 Credits: Accounting
4 Credits: Information Technology
Course Level
Overview
Format
Self-Study
Course Description
This course provides an overview of key technologies transforming accounting and finance. It covers Artificial Intelligence (AI) and its applications in accounting software, blockchain for secure transactions, and Robotic Process Automation (RPA) to streamline operations. Participants will also explore crypto assets and their impact on accounting, alongside the role of forensic accounting in fraud detection. The course concludes with a two-part focus on cybersecurity, addressing both foundational principles and advanced practices for protecting financial data.
Learning Objectives
Upon successful completion of this course, participants will be able to:
- Identify key concepts related to AI
- Recognize subsets of machine learning
- Identify key characteristics of deep learning
- Recognize how AI can be used in the accounting profession
- Identify key differences in traditional vs. AI-driven accounting software
- Recognize examples of various types of AI accounting software
- Identify key components and concepts of blockchaintechnology
- Recall steps in blockchaintransactions and consensus mechanisms
- Distinguish between blockchain and traditional databases
- Recognize use cases of blockchain for CPAs
- Recognize benefitsof implementing RPA technology
- Identify some of the key components of RPAarchitecture
- Recognize types of organizations that benefit most from RPA technology
- Identify some of the challenges when implementing RPA technology
- Recognize the criteria for determining what constitutes a crypto assets based on U.S. GAAP
- Identify the recognition requirements for crypto assets
- Recognize the way in which crypto assets are presented on an entity’s financial statements
- Identify disclosure requirements with respect to crypto assets
- Recognize the key objectives of forensic accounting
- Identify techniques that forensic accountant use to perform engagements
- Recognize the standards which forensic accountants should follow
- Identify the importance of maintaining a clear audit trail in a forensic engagement
- Identify common cyber threats
- Recognize key cybersecurityterminology and concepts
- Recognize the importance of encryption, secure communication, and software updates
- Identify the importance of firewalls
- Identify key cybersecurity best practices for protecting digital assets and privacy
- Recognize the role of encryption and access controls in defending against cyber threats
- Select proactive measures to improve defenses against evolving cyber adversaries
- Determine the importance of regular software updates in maintaining cybersecurity
Course Specifics
SS125422962
February 22, 2025
There are no prerequisites.
None
205
Compliance Information
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
Meet The Experts
Kelen is a recognized author and reviewer of CPE courses and has authored over 145 courses (350+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics. Kelen remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam. He also serves as an Editorial Advisor for the AICPA’s Journal of Accountancy. Kelen has nearly 20 years of progressive finance and accounting experience. He currently serves as an Accounting Policy Advisor with HP. Prior to HP, he served in multiple …
QAS Self-Study
