This course will outline, detail, and explain the specifics surrounding decentralized finance (DeFi), including examples of real-world applications alongside the accounting implications of different DeFi tools.
Specifics of various DeFi applications, including decentralized exchanges, yield farming, staking, and providing liquidity to liquidity pools. Discussion and examination around the accounting implications and impact of DeFi applications on the audit process. What practitioners need to know about the wide array of types of DeFi and how these different use cases changing the crypto-accounting conversation. External resources provided for extra contextual information.
Practitioners at all levels of the accounting function.
Distinguish the various types of DeFi applications. Identify how different DeFi tools create various accounting problems. Indicate how DeFi is causing the crypto-accounting conversation to evolve. Recall how DeFi functions are different from other centralized crypto services. Address and illustrate how DeFi creates unique challenges aside from other crypto accounting.
Dr. Sean Stein SmithCPA, CMA, CGMA, CFE is a is a recognized thought leader in the profession and is constantly striving to make a difference for current and future professionals, including his service on the Financial Literacy Commission, and numerous appearances focusing on how individuals get a better handle on their personal finances. Additionally, Sean’s service on the Board of Governors at Fairleigh Dickinson University – the largest private university in the state of NJ - provides Sean with an opportunity to make a different for students enrolled in college in a positive and tangible manner.
Non-Member Price $69.00
Member Price $49.00