Auditing Digital Assets, Part II

Overview

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

Highlights