Accountants Liability: Balancing Risk and Reward (A&A Focus)

Description

Financial vigilance pays dividends

Every financial decision has associated risks. Join this webcast to learn:
– How professional liability issues can arise when offering audit and attestation services
– Best practices to assess professional liability

In addition to earning CPE credits, CNA policyholders may earn up to a 10% premium credit for three consecutive years on their AICPA Professional Liability Insurance policy. Please consult your agent for further details regarding eligibility.

Learning Objectives

– Recognize how to assess the professional liability risks of new and existing clients and services in relation to the firm’s risk tolerance.
– Identify claim data by area of practice and understand implications for the firm.
– Identify how risk changes as a result of new information, client action (or inaction,) or other events that arise during an attest or consulting engagement.
– Gain strategies to respond to changes in risk to help maintain alignment with the firm’s risk appetite.

Major Topics

* Claim data of the AICPA Professional Liability Insurance Program
* Practice management and firm culture
* client and engagement process
* client and engagement continuance and termination
* Billing
* data security
* audit and attest services
* risk management issues that arise during consultancy, planning, and Fieldwork
* Addressing hiccups
* binding documentation

Provider
AICPA
Course Level
Basic
Professional Area of Focus
Ethics
CPE Field of Study
Regulatory Ethics
4
Who Should Attend

* CPAs and CGMA designation holders
-* Auditors and attestation service providers
-* accounting and finance professionals
-* legal personnel

Prerequisites

None

Advanced Preparation

None

Location
Online – AICPA Platform
Event Information
When
Jul 14, 2022
1:00 pm - 5:00 pm EDT
Location
Online – AICPA Platform
Total CPE Credits
4
Format
Webcast Replay

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$ (% off)
$159.00

NON-MEMBER


$ (% off)
$199.00
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Accountants Liability: Balancing Risk and Reward (A&A Focus)


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