Auditing Digital Assets, Part II

Presented by Kyle Sewell

Presentation type = pre-record/rebroadcast

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

Accounting and finance professionals

CPAs

Auditors

• 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 inv

Understanding the entity and its environment and the service organizations role related to digital assets

SOC 1r and SOC 2r reports as sufficient appropriate evidence

Risks and challenges associated with performing audit procedures involving s