MYCPE ONE

IRS Form 7216, AICPA & FTC Compliance Updates for Outsourcing 1 Credit 1 Credit

Jan 07, 2026, 10:00 AM EDT

IRS Form 7216, AICPA & FTC Compliance Updates for Outsourcing 1 Credit 1 Credit

Consent, Due Diligence, IT Controls, and Data Security Requirements — Exclusively for BDO Alliance Firms

  • Rating

    5

  • Published on

    February, 2026

  • Subject Area

    Regulatory Ethics

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  • Access the course at your convenience
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Jan 07, 2026, 10:00 AM EDT

Access to this course is included with a MYCPE ONE subscription.

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Learning Objectives

  • Identify the key steps to notify and contract with third-party service providers while ensuring confidentiality.
  • Analyze essential rules for obtaining client consent, including written and electronic formats.
  • Explore strategies to build client confidence in offshoring through transparent communication.
  • Discover practical ways to embed consent into engagement letters effortlessly.
  • Discuss strategies for overcoming client resistance to outsourcing services.

Course Overview

When it comes to outsourcing, CPA and accounting firms must comply with IRS §7216, the FTC Safeguards Rule, and the AICPA Code of Professional Conduct. Unfortunately, 90% of CPA and tax firms are doing it wrong. This course simplifies these complex requirements, focusing on practical strategies to manage disclosure, client consent, and compliance while building trust.

Please note that This course is offered exclusively for BDO Alliance Firms.

Here’s what we’ll cover:

  • Latest updates and changes in regulations
  • Disclosure & Consent Regulatory Requirements
  • Due Diligence & Supervision Guidelines
  • Data Security & IT Guidance
  • AICPA Compliance for 1040 and Non-1040 Work
  • IRS §7216 Consent: Paper and Electronic Guidelines
  • FTC Safeguards Rule
  • Practical Strategies to Secure Client Consent
  • Expert perspectives from clients and insurance professionals

Get answers to questions like:

  • If my client neither declines nor sends the consent back, can that imply acceptance?
  • Do I need disclosure for bookkeeping or business taxes?
  • Do I need to disclose the name of a service provider in the engagement letter?
  • What shall be the duration of the consent?
  • And more...

Join us to gain actionable insights that will help you navigate compliance requirements effectively while maintaining strong client relationships. This course, designed exclusively for BDO Alliance Firms, ensures that the strategies and guidance provided align directly with the unique needs and expectations of Alliance members. Don’t miss this opportunity to improve your approach to outsourcing and compliance.

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Regulatory Ethics for Certified Public Accountants (CPA-US) 1 CPE Approved
License details Credits Status
BusIness Management & Organization for Certified Public Accountants (CPA-US) 1 CPE Approved
BusIness Management & Organization for Chartered Professional Accountant in Canada 1 CPD Eligible
Association of Chartered Certified Accountants (ACCA) 1 CPD Eligible
Chartered Accountant - ICAEW 1 CPD Eligible
Chartered Accountants - Scotland 1 CPD Eligible
Chartered Accountants - Ireland (CAI) 1 CPD Eligible

Additional Information

Credit

1

Credit

1

Course Level

Basic

Instructional Method

QAS Self Study

Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Step into the world of CPA CPE courses with MYCPE ONE, where earning your credits is seamless and stress-free. Our online courses cover a wide range of topics, all taught by experienced professionals who know the industry inside out. With flexible scheduling and self-paced options, you can learn when and where it suits you. Forget the old ways—join us today and take your next step toward professional growth!

About Instructor

Amrit Singh

Amrit Singh

VP - Strategic Growth, MYCPE ONE

  • 4.6
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I started my career as a consultant, working across various industries, and eventually found myself leading a business—a role I feel incredibly lucky to have landed. 🙌

I’m passionate about decision-making, solving problems, building products, exploring technology, diving into digital marketing, and driving sales. I also love building strong teams and mentoring future leaders—it’s one of the most rewarding parts of my journey. 🚀

Life hasn’t been without its challenges. I’ve failed more times than I can count, but those failures turned into my greatest strengths. They’ve helped me develop a natural empathy for people around me and I became people's person over a period of time 🕰️

Right now, I’m working to make a difference for professionals who need to keep up with their continuing education. 📚✨

Let’s connect and see how we can collaborate to achieve great things together! 🌟

Chris Rivera

Chris Rivera

Director of Strategic Growth, MYCPE ONE

  • 4.4
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Christopher Rivera, Chris serves as a Director of Strategic Growth at MYCPE ONE. He is an expert at leading and managing teams actively from the front. His expertise in sales, training, coaching, mentoring and influencing combined with his competitive nature makes him a strong leader. 


Chris has traveled through the length and width of the country and has spoken with more than five thousand CPAs, understanding their challenges and limitations. On the grounds of that, he can now easily provide opinions and solutions that can be immensely helpful to the professionals. He has also represented MYCPE ONE at a number of major accounting conferences and networking events.

Enhance Your Finance & Management Skills with Shawn Parikh

Shawn Parikh

Co-Founder & CEO, MYCPE ONE

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Shawn Parikh is the CEO and Co-Founder of MYCPE ONE. A Chartered Accountant by qualification, he has over 15 years of experience of being a problem solver for small to mid-size firms and over time he has given consultation to thousands of CPAs, accountants and tax pros. Shawn has always been a big believer and advocate of social enterprises and small accounting firms & businesses. He consults and speaks on several topics ranging from Building Remote Team - Remote Working, Offshore Staffing, strategic planning, Scalability of Accounting Practice, cloud accounting, practice management, LinkedIn marketing, etc.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. Our courses qualify for credits with NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses accepted by NASBA and other professional organizations?

MY-CPE LLC courses are accepted for continuing education credit by various professional certification programs, including NASBA, IRS, CFP Board, and HRCI. MY-CPE LLC is also recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® and SHRM-SCP® recertification activities.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. Our courses qualify for credits with NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars accepted by NASBA and other Professional Organizations?

MY-CPE LLC courses are accepted for continuing education credit by various professional certification programs, including NASBA, IRS, CFP Board, and HRCI. MY-CPE LLC is also recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® and SHRM-SCP® recertification activities.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are accepted for compliance and reporting purposes with NASBA, IRS, CFP Board, HRCI, SHRM (for PDCs), Payroll Org, FP Canada, and 25+ other professional organizations.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

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BH

Ben Hibbs, CPA (US)

4

Loved the course and great instructor. I feel like we needed more time to get through the material given its complexity. Would recommend this course to others, though!

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IRS Form 7216, AICPA & FTC Compliance Updates for Outsourcing

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    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting

    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

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