Accountants Liability: Balancing Risk and Reward (A&A Focus)
Learn professional liability exposures that arise from A&A services. This interactive webcast will provide you with information to identify, assess and mitigate risks that could arise from your decisions.
Format
Webcast
Date
Apr 19, 2023
NASBA Field of Study
Regulatory Ethics
Level
Basic
CPE Credits
4
Author(s)
Howard H. Fine, Sarah B. Ference, Jennifer H. Elder
Availability
3 months
Product Number
WC3701836
Service and delivery
Learn how to balance risk and reward when you deliver services to your clients.
Every decision has risk implications, and the benefits of each decision must be balanced with its professional liability risk.
During this interactive webcast, a panel of experts will discuss professional liability exposures that can arise when providing audit and attest and consulting services.
Learn how to identify, assess and respond to professional liability risks stemming from the decisions you make in your practice every day.
Professional credit
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.
Key Topics
- Claim data of the AICPA Professional Liability Insurance Program
- Practice management
- Firm culture and going to market
- Client and engagement acceptance
- Engagement letters
- Client and engagement continuance and termination
- Billing
- Data security
- Audit and attest services
- Risk management issues that arise during planning and fieldwork
- Addressing "hiccups"
Learning Outcomes
- 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.
Who Will Benefit
- CPAs and CGMA designation holders
- Auditors and attestation service providers
- Accounting and finance professionals
- Legal personnel
Group ordering for your team
2 to 5 registrants
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Start order6+ registrants
We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org
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