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Blockchain and Smart Contracts in Accounting Concentration

Why Blockchain and Smart Contracts in Accounting?

Learn how blockchain applications can improve accounting and audit processes and applications of smart contracts in accounting ecosystems. As part of the Rutgers Stackable Business Innovation Program (rSBI), the Blockchain and Smart Contracts in Accounting Concentration is stackable with the following master's programsMACC in Financial AccountingMBA in Professional Accounting, MBA.

Concentration Description

This concentration provides students with detailed knowledge on the potential of blockchain and smart contracts, their implications on auditors, and how the accountancy profession can benefit from them. The concentration also explores some necessary skills for the future related to blockchain and smart contracts.

Courses

You can take the course listed below as individual classes or as stackable courses towards the completion of a concentration.

Audit Analytics

This is the first course of the Audit Analytics Certificate Program. There are two main purposes of this course: (1) introduce the basic application of analytics to both internal and external audit processes in current ubiquitous computer-based information systems, and (2) introduce the application of audit analytics to organizations. This course emphasizes the usage of statistics and the interpretation of results to be used as audit evidence. It is designed to impart the theory and practice of the foundational statistical techniques applied in an audit.

  • Course Number: 22:010:688
  • Credits: 3
  • Delivery Mode: Online
  • Offered By: MACC in Financial Accounting
  • Relevant Programs: MACC in Financial Accounting, MBA in Professional Accounting, MBA
  • Sample Relevant Careers: Certified Public Accountant (CPA), Compliance Auditor, Financial Auditor, Information Technology Auditor, Internal Auditor, Management Accountant, Tax Accountant, Data Analyst, Credit Risk Officer, Consultant, Financial Advisor, Credit Analyst

Blockchain in Accounting

This course provides a broad overview of the essential concepts of blockchain technology to lay the foundation necessary for applying it to accounting. It also includes the benefits, values and opportunities of blockchain in accounting, and the risks and challenges of implementing this technology in accounting.

  • Course Number: 22:010:686
  • Credits: 3
  • Delivery Mode: Online
  • Offered By: MACC in Financial Accounting
  • Relevant Programs: MACC in Financial Accounting, MBA in Professional Accounting, MBA
  • Sample Relevant Careers: Controller, Certified Public Accountant (CPA), Compliance Auditor, Cost Accountant, Financial Accountant, Financial Auditor, Forensic Accountant, Fund Accountant, Industrial Accountant, Information Technology Auditor, Internal Auditor, Management Accountant, Tax Accountant, Product Manager, Data Analyst, Credit Risk Officer, Consultant, Financial Advisor, Credit Analyst

Individual Project in Audit Analytics

The capstone course in the Audit Analytics line of study. Students participate in an individual study project with an advisor. Students will apply what they have learned to develop a deeper understanding in the application of analytics in audit. At the end of the course the student will have conducted a novel research project that will have involved applying analytics in an audit related setting.

  • Course Number: 22:835:630
  • Credits: 3
  • Delivery Mode: Online
  • Offered By: MACC in Financial Accounting
  • Relevant Programs: MACC in Financial Accounting, MBA in Professional Accounting
  • Sample Relevant Careers: Certified Public Accountant (CPA), Compliance Auditor, Financial Auditor, Forensic Accountant, Information Technology Auditor, Internal Auditor, Management Accountant, Tax Accountant, Data Analyst, Credit Risk Officer, Consultant, Financial Advisor, Credit Analyst

Smart Contracts Applications in Accounting

Smart contracts are a powerful feature which, when properly designed and coded, can result in autonomous, efficient and transparent systems. This course covers the basic concepts of smart contracts and provides students with knowledge about designing and executing a smart contract. Additionally, this course explores various applications of smart contracts in the accounting and auditing fields.

  • Course Number: 22:010:697
  • Credits: 3
  • Delivery Mode: Online
  • Offered By: MACC in Financial Accounting
  • Relevant Programs: MACC in Financial Accounting, MBA in Professional Accounting, MBA
  • Sample Relevant Careers: Controller, Certified Public Accountant (CPA), Compliance Auditor, Cost Accountant, Financial Accountant, Financial Auditor, Forensic Accountant, Fund Accountant, Government Accountant, Government Auditor, Industrial Accountant, Information Technology Auditor, Internal Auditor, Management Accountant, Data Analyst, Consultant

 

The concentration and courses are offered by the Accounting & Information Systems Department

Sample Relevant Careers: Controller, Certified Public Accountant (CPA), Compliance Auditor, Cost Accountant, Financial Accountant, Financial Auditor, Forensic Accountant, Fund Accountant, Government Accountant, Government Auditor, Industrial Accountant, Information Technology Auditor, Internal Auditor, Management Accountant, Data Analyst, Consultant

How to Apply

Learn about the admissions process and requirements to apply.

Rutgers Stackable Business Innovation (rSBI)

The future of education is changing. The Rutgers Stackable Business Innovation (rSBI) program allows you to design your own cutting-edge curriculum to earn a standalone certificate or take courses that be transferred towards completing a Master’s degree. Working professionals can enhance their knowledge and upskill by taking relevant courses. If you are a student considering a Master’s degree, rSBI is a perfect way to test the waters in a particular discipline before committing to a full degree program. Employers can invest in the professional development of their employees and choose the courses that address business needs.

rSBI Concentrations

View more of the available concentrations. Each academic department manages its own concentrations in the rSBI program.