Course Description

Synopsis:

This module shows participants how to independently verify digital asset claims using publicly available blockchain data. Through a live walkthrough of USDC stablecoin supply and reserve reconciliation, participants learn a repeatable five-step procedure: verify the wallet, read the smart contract, trace mint and burn events, pull the issuer's monthly attestation, and reconcile across all chains.

The module is grounded in Singapore-specific regulatory context, including IRAS digital token classifications, the MAS Stablecoin (SCS) framework, MAS DPT licensing, and CARF reporting obligations taking effect 1 January 2027. It also covers where on-chain evidence is strong (existence and occurrence) and where it leaves gaps (completeness, valuation, rights, classification under SFRS(I) standards).

Intended For:

Audit Professionals / PAIP
Finance Professionals / PAIB
Business Owners

Competency Mapping:

CPE Category 3 = 1.0 CPE Hour

Auditing Digital Assets: Blockchain Evidence, Gaps, and Procedures
Live Walkthrough: Verifying On-Chain Balances and Reserves
Evidence in Audit: What the Chain Proves and What It Doesn’t

Dhru Patel

Dhru Patel is a U.S. CPA and founder of Matzu Research, where he builds AI-agent-coordinated pipelines that translate on-chain activity into GAAP-aligned financial statements for decentralized organizations. Previously, he was an auditor at PricewaterhouseCoopers in the San Francisco Asset & Wealth Management practice, where he covered investment fund engagements and tested cryptocurrency-related internal controls. Dhru has various advisory engagements covering protocol design and financial modeling.He is an Associate Researcher at the University of Oregon Intelligent Futures Lab, studying agentic automation of DAO governance and compliance workflows. His academic work includes a peer-reviewed publication in Business Horizons on the architectural synergies between blockchain and artificial intelligence.

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