CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

Defensive Practice, Quality Control, and Engagement Letters for CPAs

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Before starting this self study program, please go through the instructional document.

Overview

  • Introduction To Course
    10 mins
  • Technical Standards, Client Relations, And Contractual Liability
    18 mins
  • Tort Legal Liability
    40 mins
  • Tax Practice Related Services
    74 mins
  • Working Papers, Documentation and Related Matters
    110 mins
  • CPA Firm Quality Control Director
    126 mins
  • The Family Fraud
    156 mins

Course Description

Perhaps more than any profession, CPAs are held to high ethical standards. Further, these ethical standards are an intimate part of the greater body of accounting performance standards This 4-hour webinar will cover tips on conducting a defensive practice, quality control, and engagement letters for CPAs in public practice.

This Online CPE Ethics webinar focuses on the legal responsibilities of a CPA in the American civil court system. Much detail is given using the focus of the different types of engagements performed for clients by typical CPAs. Many suggestions are made from a defensive posture and specific legal protection ingredients incorporated into recommended engagement letters. There can be no absolute assurance that any particular suggestion will necessarily carry the day in a given legal dispute. Still, it seems that the worst that can happen from the inclusion of protective features in an engagement letter is that a court may strike the protective feature.

This Online CPE Webinar covers the following Major Topics:

  • Technical Standards, Client Relations, & Contractual Legal Liability.
  • Tort And Third-party Legal Liability.
  • Management Consulting and Related Engagements.
  • Tax Practice And Related Services.
  • Work Papers and Documentation.
  • CPA Firm Quality Control Director.
  • The Family Of Fraud.
  • Ten Easy Ways For A CPA To Get Sued.
  • Protective Engagement Contracts.
  • Table Of Reported Court Cases.
  • Workbook Topical Index.

Learning Objectives

  • To recognize the connection between audit quality and business risk.
  • To identify essential elements to be included in engagement letters.
  • To recall the AICPA standards and legal liabilities.
  • To recognize professional liability exposures in a tax/accounting practice.
  • To recognize the relationship of risk assessment, audit strategies, and audit responses on small audits.

Who Should Attend?

  • CPA (Industry)
  • CPA - Large Firm
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Entrepreneurial CPA
  • Young CPA