Webinar: Avoiding Legal Liability and Peer Review Deficiencies in NonauditServices, Including Bookkeeping and Preparing Financial Statements
WB848 | Course | Basic | Scheduled
Description
The majority of peer review deficiencies and malpractice claims result from nonaudit services. This course will provide best practices for avoiding legal liability and quality control concerns.
Credits
| Number of Credits | Type of Credits |
|---|---|
| 4.00 | Auditing |
| 4.00 | Business Management & Organization |
Designed For
Anyone who performed nonaudit services
Prerequisites
None
Highlights
- Differentiating risks faced when performing nonaudit services, such as reviews, compilations, preparing financial statements, bookkeeping, tax return preparation, and similar
- Best practices for preventing quality control concerns that could lead to peer review deficiencies or malpractice claims
- Establishing an understanding with the client to minimize misunderstandings as to the nature and scope of engagements
- Explain situations when independence should be appropriately safeguarded when performing nonattest services
Objectives
- Describe the nature of risks faced when performing nonaudit services for clients
- Explain how to mitigate risks faced by all CPAs in performing nonaudit services
- Apply best practices for maintaining quality control for nonaudit engagements
Preparation
None
Notes
This webcast is provided by ACPEN. After registering for the course, you will receive an email from ACPEN with instructions for logging in to the webcast and obtaining your eMaterials.
Prices
- Member (Early Bird)
- $129.00
- Non-Member (Early Bird)
- $159.00
- Member
- $129.00
- Non-Member
- $159.00