Auditing digital assets: Entity’s use of a service organization

Auditing entities that hold or transact digital assets and use service organizations

Although the use of digital assets is rapidly expanding, guidance on how to effectively account for and audit digital assets has not kept pace. This is where the AICPA can help.

Based on the AICPA Practice Aid Accounting for and Auditing of Digital Assets, this webcast can help you determine what to do when your client uses a service organization to help transact in, safeguard, or account for its digital assets.

You'll discover:

- How to identify whether a service organization is present, including how to determine the nature of the services provided

- Key considerations when a service organization provides services related to digital assets, including the role of a SOC report in understanding the control environment

- The risks, challenges and factors to consider when performing audit procedures when service organizations are being utilized

Learning Objectives:

- Identify whether A service organization is present, including the nature of the services provided.

- Identify Key considerations When A service organization provides services related to digital assets.

- Recall Key risks and considerations involved When evaluating whether the SOC report provides sufficient appropriate evidence.

Who will benefit:

- accounting and finance professionals

- CPAs

- Auditors

This is an AICPA hosted webcast. You will launch the course from your OSCPA learning center portal. AICPA will issue and maintain your credits. Please make sure to download your CPE certificate from AICPA webcast portal at the conclusion of the webcast.