Executive Certificate in BlockChain Application for Accounting and Auditing - HKU SPACE: Accounting, Risk Management courses
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Accounting & FinanceAccounting

Executive Certificate in BlockChain Application for Accounting and Auditing
行政人員證書《區塊鏈在會計、審計的應用》

Course Code
EP149A
Application Code
1750 - EP149A
Study mode
Part-time
Start Date
To be advised
Next intake(s)
April 2020
Duration
3 months
Language
Englsih
Course Fee
HK$7000
How to Apply
Deadline on 27 Mar 2020 (Fri)
Enquiries
2867 8409
2861 0278

If you don't experiment with Blockchain, you will be in danger of falling behind!

Blockchain technology continues to grow in importance across multiple industries and professions around the world.  The accounting and auditing profession is no exception.
 
Companies are using blockchain to improve enterprise resource planning (ERP), especially in areas such as supplier management and procurement. Some even dabble in cybersecurity and sustainable database planning with the help of blockchain technology.

 

Accounting education is also changing; accountants may no longer need to memorize best practices pertaining to extensive documents and periodic controls. Blockchain education may become key to the training of accountants, with those accountants who understand blockchain most likely to succeed in a blockchain-recorded world.

With the increasing use of Bitcoin and other cryptocurrencies, understanding blockchain technology is now crucial for accountants who want to land tech-savvy clients. Chartered professional accountants (CPAs) should also need to know about blockchain’s applications in financial planning, record-keeping, and audits.  And auditors equipped with the knowledge would be able to provide audit and assurance services to entities using blockchain technology.

 

In response to this trend, this programme is developed to provide students with real-world literacy on blockchain and cryptoassets, the knowledge needed to anticipate potential benefits and risks of the technology, structure and functionality, and to translate them into relevant business application and value. And the accounting and auditing professionals will be equipped with the technology in the new era.

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The programme aims to provide students with knowledge, structure and functionality of the blockchain technology.  Upon completion of the programme, they would be able to translate the technology and apply it in accounting, auditing and other relevant business applications.

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The programme aims to provide students with knowledge, structure and functionality of the blockchain technology.  Upon completion of the programme, they would be able to translate the technology and apply it in accounting, auditing and other relevant business applications.

 

Tutor Profile

Mr. Gary Yiu (MSc(CUHK), MSc(HKPU), CPA, CIA, CISA, CCEBS)

Mr. Yiu now heads up the Group Audit of an international bank.  He was Associate Director of one of the Big-4 firms and is currently working for an internal audit function of a leading bank in Hong Kong. He has extensive external and internal audit experience and served as a lecturer of various academic programmes and professional courses in the past 7 years.

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Mr. Wilson Pang (CPA, CISA)

Wilson is working in an authority with responsibilities to facilitate healthy fintech development in Hong Kong. Prior to this role, Wilson was a Director of one of the Big-4 firms who led cyber security and IT consulting related services. He has more than 10 year experience in teaching professional courses. 

Application Code 1750 - EP149A -

Days / Time
  • Sunday, 2:00pm - 5:00pm

Assessment and Award

  • Assessment is based on an in-class quiz MCQ (30%) and an individual assignment of a case study (70%).
  •  To be eligible for the award of Executive Certificate in BlockChain Application for Accounting and Auditing, students should obtain at least 50% overall marks of assessment and 70% attendance.

Syllabus:

Blockchain evolution and technology concepts

  • Near real-time settlement
  • Distributed ledger
  • Irreversibility
  • Censorship resistant

Blockchain: using and securing cryptocurrencies

Permissioned, permissionless ledgers and other solutions

  • Concepts of the ledgers
  • Benefits of the distributed ledgers

Transactions and smart contracts

  • Nature of smart contracts
  • Advantages and disadvantages of using smart contracts
  • Third-party intermediaries

Blockchain – process and technical controls

Accounting considerations associated with digital assets on the financial statements

  • Incorrect classification in the financial statement

Data reliability, integrity and security of Blockchain technology

Risk assessments of financial information and procedure

  • Unauthorized, fraudulent, or illegal
  • Executed between related parties
  • Linked to a side agreement that is “off-chain”

Audit evidence and assertions associated with Blockchain technology

Future role of CPAs and the impact of Blockchain on accounting and auditing

Executive Certificate in BlockChain Application for Accounting and Auditing

2019/2020 – Oct Term

Lecture Schedule

 

    Tutor: Mr. Wilson Pang, Gary Yiu

Lecture

Date

Day

Time

Venue

1

20/10/2019

Sunday

2:00 – 5:00 pm

TBC

2

27/10/2019

Sunday

2:00 – 5:00 pm

TBC

3

03/11/2019

Sunday

2:00 – 5:00 pm

TBC

4

10/11/2019

Sunday

2:00 – 5:00 pm

TBC

5

17/11/2019

Sunday

2:00 – 5:00 pm

TBC

6

24/11/2019

Sunday

2:00 – 5:00 pm

TBC

7

01/12/2019

Sunday

2:00 – 5:00 pm

TBC

8

08/12/2019

Sunday

2:00 – 5:00 pm

TBC

9

15/12/2019

Sunday

2:00 – 5:00 pm

TBC

10

22/12/2019

Sunday

2:00 – 5:00 pm

TBC

Applicants shall hold:

(i)    a bachelor’s degree awarded by a recognized university or equivalent; or

(ii)       an Associate Degree / a Higher Diploma or equivalent, and have at least 2 years of work experience.

 

Applicants with other qualifications and substantial senior level work experience will be considered on individual merit.

Application Fee

(Non-refundable)

Course Fee
  • Course Fee : HK$7000
  • Early Bird Rate : HK$6300 ((ENROLL in the course on or before 27 Sep 2019))
  • Alumni Rate : HK$6300

Application FormDownload Application Form
Application Form

Enrolment Method

HKU SPACE provides 24-hour online application and payment service for students to make enrolment for most open admission courses (courses enrolled on first come, first served basis) and selected award-bearing programmes via the Internet.  Applicants may settle the payment by using either PPS, VISA or Mastercard online.

  1. Complete the online application form

    Applicant may click the icon Apply Now on the top right hand corner of the programme/course webpage to make online application, and then follow the instructions to fill in the online application form.

    Some programmes/courses may be admitted by selection, and may require applicants to provide electronic copy of any required documents (e.g. proof of qualification) as indicated on the programme/course webpage.  Only file format in doc, docx, jpg and pdf are supported. 

  2. Make Online Payment

    Pay the programme/course fees by either using:

    PPS via Internet - You will need a PPS account and a PPS Internet password. For information on how to open a PPS account and how to set up a PPS Internet password, please visit http://www.ppshk.com.

    Credit Card Online Payment - Course fees can be paid by VISA or Mastercard including the “HKU SPACE Mastercard”.

To know more about online enrolment and payment, please refer to the user guide of Online Enrolment and Payment:

 

In Person / Mail

For first time enrolment

Applicants must provide all the required information on the application form and any additional information as required after the intial application assessment. Otherwise the School may not be able to process the admission/enrolment further.

  1. For first come, first served short courses, complete the Application for Enrolment Form SF26 and bring or post the completed form(s), together with the appropriate application/course fee(s) and any required supporting documents to any of the HKU SPACE enrolment centres.  
  2. Award-bearing and professional courses may require other information. Forms are usually available at the enrolment centres or on request from programme staff. Bring or post the completed form(s), together with the appropriate application/course fee(s) and any required supporting documents to any of the HKU SPACE enrolment centres.

For continuing enrolment in the same course

In person or by post
  1. The standard ‘Enrolment/Payment Slip’ is designed for students of award-bearing programmes or remaining programmes in a suite of programmes requiring continuing enrolment and it applies to most programmes.
  2. Students should complete the “Enrolment/Payment Slip” which will be made available by relevant programme staff and return the slip to any HKU SPACE enrolment centre or post it to the relevant programme staff with appropriate fee payment.

If you are in doubt about the procedures, please check the individual course details, or contact our programme staff or enrolment centres. 

Please note the followings for programme/course enrollment:

  1. To make an application online, you will need a computer with connection to the Internet and a web browser with JavaScript enabled. Internet Explorer 5.01 or above is recommended for the web browser.
  2. Applicants should not leave the online application idle for more than 10 minutes.  Otherwise, applicants must restart the application process.
  3. Only S-MILES and Early Bird Discount are supported in Online Applicants (Application).  To enjoy other types of discount, please visit one of our enrolment centres.
  4. During the online application process, asynchronous application and payment submission may occur.  Successful payment may not guarantee successful application.  In case of unsuccessful submission, our programme staff will contact you shortly.
  5. Applicants are reminded that they should only apply for the same programme/course once through counter or online application.
  6. For online enrolment, payment confirmation page would be displayed after payment has been made successfully.  In addition, a confirmation email would also be sent to your email account.  You are advised to keep your payment confirmation for future enquiries.
  7. Fees paid are not refundable except as statutorily provided or under very exceptional circumstances (e.g. course cancellation due to insufficient enrolment).
  8. If admission is by selection, the official receipt is not a guarantee that your application has been accepted.  We will inform you of the result as soon as possible after the closing date for application.  Unsuccessful applicants will be given a refund of programme/course fee if already paid.

Disclaimer

The School provides a platform for online services for a selected range of products it offers. While every effort is made to ensure timeliness and accuracy of information contained in this website, such information and materials are provided "as is" without express or implied warranty of any kind. In particular, no warranty or assurance regarding non-infringement, security, accuracy, fitness for a purpose or freedom from computer viruses is given in connection with such information and materials.

The School (and its respective employees and subsidiaries) is not liable for any loss or damage in connection with any online payments made by you by reason of (i) any failure, delay, interruption, suspension or restriction of the transmission of any information or message from any payment gateways of the relevant banks and/or third party merchants for processing credit/debit/smart card or other payment facilitation mechanism; (ii) any negligence, mistake, error in or omission from any information or message transmitted from the said payment gateways; (iii) any breakdown, malfunction or failure of those gateways in effecting online payment service or (iv) anything arisen out of or in connection with the said payment gateways, including but not limited to unauthorised access to or alternation of the transmission of data or any unlawful act not permitted by the law.

Payment Method
1. Cash or EPS

Cash or EPS are accepted at any HKU SPACE Enrolment Centres.

2. Cheque or bank draft

Course fees can also be paid by crossed cheque or bank draft made payable to “HKU SPACE”. Please write the programme title(s)  and the applicant’s name on the back of the cheque. You may either:

  • in person by submitting the payment, completed form(s), and required supporting documents to any of our enrolment centres; or
  • by mailing the above documents to any of our enrolment centres, specifying “Course Application” on the envelope. 
3. VISA/MasterCard

Course applicants, who are holders of HKU SPACE Mastercard, can enjoy a 10-month interest-free instalment period for courses of HK$2,000 and over. For enquiries, please contact our enrolment centres.

4. Online payment

Online payment for short courses (first come, first served) and selected award-bearing programmes is available using PPS, VISA or Mastercard. Please refer to the Online Services page on the School website.

Notes

  1. For general and short courses, applicants may be required to pay the course fee in cash or by EPS, Visa or Mastercard if the course is to start shortly.
  2. Fees paid are not refundable except under very exceptional circumstances (e.g. course cancellation due to insufficient enrolment), subject to the School’s discretion. In exceptional cases where a refund is approved, fees paid by cash, EPS, cheque or online PPS will be reimbursed by a cheque; fees paid by credit card will be reimbursed to credit card account used for payment.
  3. In addition to the published fees, there may be additional costs associated with individual programmes. Please refer to the relevant course brochures or direct any enquiries to the relevant programme teams for details.
  4. Fees and places on courses are not transferrable. Once accepted onto a course, the student may not change to another course without approval from HKU SPACE. A processing fee of HK$120 will be levied on each approved transfer.
  5. HKU SPACE will not be responsible for any loss of payment, receipt, or personal information sent by mail.
  6. For additional copies of receipts, please submit a completed form, a sufficiently stamped and self-addressed envelope, and a crossed cheque for HK$30 per copy made payable to ‘HKU SPACE’ to any of our enrolment centres. Such copies will normally be issued at the end of a course.
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