Webinar: Avoiding Peer Review Deficiencies and Professional Liability in Public Accounting
WB1014 | Course | Basic | Scheduled
Description
Peer review deficiencies and professional liability claims result from both audit and nonaudit services. This course will provide best practices for avoiding legal liability and quality control concerns for a wide variety of professional services offered by public accountants.
Credits
| Number of Credits | Type of Credits |
|---|---|
| 4.00 | Auditing |
| 4.00 | Business Management & Organization |
Designed For
Anyone who performs audit or other attest services
Prerequisites
None
Highlights
- Differentiating risks faced when performing various levels of professional services, such as audits, 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
- Recall the nature of risks faced when performing a variety of professional services for clients
- Explain how to mitigate risks faced by all CPAs in performing professional services
- List best practices for maintaining quality control for all professional 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