Introduction

The burgeoning landscape of blockchain technology and Distributed Ledger Technology (DLT) has ushered in a new era of digital trust and transparency, yet it simultaneously presents complex challenges for auditing and regulatory compliance. This essential training course focuses on Blockchain Auditing and DLT Compliance, equipping professionals with the specialized knowledge and practical tools required to navigate the unique complexities of decentralized systems, ensuring data integrity, security, and adherence to evolving legal frameworks. You will gain expertise in verifying transactions on immutable ledgers, assessing smart contract vulnerabilities, and establishing robust governance for DLT-based operations, mitigating risks while harnessing the revolutionary potential of these technologies.

Target Audience

• Internal & External Auditors
• Compliance Officers
• Cybersecurity Professionals
• Risk Managers
• Financial Regulators
• Legal Professionals (FinTech)
• Blockchain Developers & Architects
• IT Governance Specialists

Course Objectives

• Understand the foundational concepts of blockchain and Distributed Ledger Technology (DLT).
• Learn the unique challenges and opportunities in auditing blockchain and DLT systems.
• Master methodologies for performing technical audits of blockchain protocols and smart contracts.
• Develop skills in assessing the security and immutability of DLT networks.
• Understand the evolving global regulatory landscape for blockchain and cryptocurrencies.
• Learn about Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance in DLT.
• Explore best practices for data privacy and governance in decentralized environments.
• Master techniques for forensic analysis and incident response on DLTs.
• Understand the integration of DLT auditing with traditional audit processes.
• Learn about reporting and assurance frameworks for blockchain-based assets and transactions.
• Apply practical auditing and compliance strategies to real-world DLT case studies.

Duration

5 Days

Course Content

Module 1: Fundamentals of Blockchain and DLT

• Defining blockchain and Distributed Ledger Technology (DLT).
• Exploring different types of DLT (public, private, consortium).
• Understanding consensus mechanisms, cryptography, and immutability.
• Overview of common blockchain platforms and their architecture.
• The transformative potential of DLT across industries.

Module 2: Challenges & Principles of Blockchain Auditing

• Identifying the unique auditing challenges posed by decentralization and pseudonymity.
• Understanding the shift from traditional to continuous auditing models.
• Principles of auditability in blockchain environments.
• The importance of specialized skills for DLT auditing.
• Establishing audit objectives for blockchain-based systems.

Module 3: Technical Auditing of Blockchain & Smart Contracts

• Methodologies for conducting technical audits of blockchain protocols for your module.
• Analyzing smart contract code for vulnerabilities (e.g., reentrancy, integer overflow).
• Assessing the security of cryptographic implementations and private key management.
• Reviewing network architecture and consensus mechanism integrity.
• Utilizing specialized blockchain audit tools and techniques.

Module 4: DLT Regulatory Landscape and Compliance Frameworks

• Understanding the evolving global regulatory landscape for DLT and digital assets for your module.
• Navigating jurisdictional complexities and divergent legal frameworks.
• Exploring international standards and guidelines for DLT compliance.
• Identifying key regulations (e.g., MiCA, GDPR, FATF guidelines) impacting DLT.
• The role of regulatory sandboxes and pilot regimes.

Module 5: AML, KYC & Data Privacy in DLT

• Implementing Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures in DLT contexts for your module.
• Addressing the pseudonymity challenge for compliance.
• Understanding data privacy concerns and solutions on DLTs.
• Ensuring compliance with data protection regulations (e.g., GDPR) on immutable ledgers.
• The balance between transparency and privacy in decentralized systems.

Module 6: DLT Forensic Analysis and Incident Response

• Techniques for forensic analysis and tracing transactions on DLTs for your module.
• Identifying and responding to security incidents (e.g., hacks, exploits) on blockchain platforms.
• Understanding chain analysis and de-anonymization techniques.
• Developing incident response plans for DLT-based systems.
• Legal and ethical considerations in DLT forensics.

Module 7: Audit Reporting & Assurance for DLT Assets

• Principles for auditing and providing assurance on blockchain-based assets and transactions for your module.
• Preparing comprehensive audit reports for DLT implementations.
• Understanding financial reporting considerations for digital assets.
• The future of assurance services in the DLT ecosystem.
• Integrating DLT audit findings into enterprise-wide risk management.

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 10 working days before commencement of the training.