Transactions and Smart Contracts



Transactions and Smart Contracts

Instructor: Kirk Phillips, CPA, CMA, CFE, CPB

  • Format

    Course - Online

  • Level


  • Duration

    1h 30m

Introducing several key concepts related to transactions and smart contracts, this course discusses the transaction throughout transaction fees, gas and confirmations.

Learning outcomes

  • Recognize the governing concepts behind transactions and fees in different blockchain use cases.
  • Differentiate between the unused transactions output (UTXO) model and the account model.
  • Distinguish between transaction throughput and confirmations.
  • Recall how smart contracts differ from traditional contracts.

£65.00 (CIMA members only)


VAT calculated on checkout

Product information


This self-study online course is a segment of the Blockchain Fundamentals for Accounting and Finance Professionals Certificate program. You must purchase the bundle to earn the certificate.

Be part of the blockchain evolution with this self-study online course, which introduces several key concepts related to transactions and smart contracts. We will discuss the transaction throughput, transaction fees, gas and confirmations. Also, you will learn how to apply metrics for traditional financial system to blockchain in a way that allows others to understand the capacity of a given blockchain.

Topics discussed:

  • Transaction fees and gas
  • Unspent transactions output (UTXO) model
  • Account based model
  • Transaction throughput
  • Smart contracts
  • Transaction settlements and confirmations

Who should take this course?

  • Non-IT finance professionals
  • CFOs
  • Controllers
  • Management accountants
  • Public accountants
  • Partners
  • Staff
  • Managers
  • Internal auditors

Professional development

This Course - Online offers 1.5 hours of CPE credit.
Note on CPE Requirements and Credits
All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Field of study: Information Management and Technology Assurance
Programme level:Basic
Duration:1h 30m
Format:Course - Online
Access:This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£65.00 (CIMA members only)


VAT calculated on checkout


  • Kirk Phillips, CPA, CMA, CFE, CPB

    Kirk is author of The Ultimate Bitcoin Business Guide For Entrepreneurs and Business Advisors and was the first CPA to accept bitcoin and other cryptocurrencies.

    He's a contributor to Bitcoin Magazine. As a speaker and continuing education crypto lecturer for CPAs and attorneys, he's a recognized thought leader on crypto security, strategy, accounting and taxation. Kirk is a cryptocurrency, blockchain and ICO advisor, investor and evangelist who weaves risk management into business processes.

    He is Digital Currency Council Certified, a Certified Bitcoin Professional and holds a certificate for the Introduction to Digital Currencies Course by the University of Nicosia.