This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice (http://www2.deloitte.com/ca/en/legal/cookies.html) for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Viewpoints (Auditing crypto-assets): Relevance and reliability of information from a blockchain

Published on: Jan 31, 2020

When designing and performing audit procedures, auditors are required to consider the relevance and reliability of the information to be used as audit evidence, including information obtained from an external information source. When auditing crypto-assets, because the assets only "exist" in digital form on a blockchain, the audit procedures typically involve using information obtained from a public blockchain.

Learn about the factors an auditor may consider regarding the reliability of a blockchain itself (from which the information is obtained) and the appropriateness of technological resources, such as block explorers (used to display the information recorded on a blockchain).

Further reading

CPA Canada is committed to helping accountants understand the strategic importance of emerging technologies such as crypto-assets and blockchain. Check out our growing library of guidance resources to help you prepare for and manage the uncertainty they present.

Download

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.