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Defensive Practice, Quality Control, and Engagement Letters for CPAs

  • Accountant
  • CPA (US)
  • CFIRS
  • CWS

Published: November, 2021

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  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

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.

Recommended For

  • This Online CPE Ethics webinar is recommended for CPAs who desire to ensure high ethical standards in their practice and engagements. 
  • This Online continuing education webinar is recommended for CPAs in accounting and tax practices who want to take proactive steps in being ethical with better quality control and engagement letters.

Who Should Attend?

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

Course Qualification

Webinar Qualifies For

  • 4 CPE Credit of Ethics (Regulatory) for Certified Public Accountants (CPA-US)
  • 4 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
  • 4 CE Credit for Certified Wealth Strategist (CWS)
  • 4 General Credit for Accountant/Bookkeeper/Tax Professionals

Additional details

  • Course Level :
    Basic
  • Credits :
    4
  • Instructional Method :
    QAS Self Study
  • Pre-requisites :
    None
  • Advance Preparation :
    None

NASBA APPROVED

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

MY-CPE LLC (Sponsor Id#: 143597) 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.

Presenter

About Presenter

Jim Rigos, CPA (US)

Founder, Rigos Professional Education Programs

Jim Rigos is an attorney-CPA who has written and lectured widely in accounting, ethics, and legal topics. He graduated from Boston University Law School and has served on the AICPA's Accountants Liability committee. He is presently a National Director of the American Academy of Attorney-CPAs and chairs their national ethics and dual practice committee. 2018 is the 40th year the business has operated. He enjoys writing and teaching review courses because it adds intellectual value to the careers of young professionals. He lives in Seattle, Washington with his wife Doreen, who is also a teacher. Their daughter, Sarah, graduated from Cornell and subsequently earned an MPhil. in Comparative Government from Pembroke College, Oxford, U.K. She is now employed by the U.K. government in high tech city development


About Company

Rigos Professional Education Programs

www.rigos.net

Rigos Professional Education Programs is a leading international provider of programs designed to prepare individuals for professional legal and accounting licensing examinations such as the BAR and CPA exams. We also offer professional ethics and legal liability courses for CPAs and business enterprises. Our programs offer live classes in selected cities, in-house workshops, on-line self-study offerings, interactive delivery modes, and "blended courses."

Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
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  • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
  • If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
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Ratings and Review

3.9

9 Ratings

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3

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2

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4

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TLL

Thomas Lynch Lynch, CPA (US)

Dec 29th, 2021

It was not an easy exam.

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