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21WS-1544: Surgent's Professional Liability Concerns for CPAs (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Monday, June 28, 2021
1:00pm - 3:00pm Central Time
2 CPE (2 non-technical)

In spite of efforts to ensure engagement quality, many CPA firms find themselves periodically facing professional liability concerns. It is critical that firms understand the most common causes of litigation claims and how they can protect themselves against them.

In this course, we'll explore the most common claims faced by CPA firms of all sizes, as well as common defenses strategies and the various methodologies of resolving the claim process. The course will emphasize best practices in avoiding claims, analysis of recent court decisions, and exposures related to new and emerging claims, including cannabis, the Wayfair decision, the CARES Act, and COVID-19.

Major subjects

  • Common claims against CPAs
  • Understanding the statute of limitations
  • The private defense theory
  • The pros and cons of jury trials
  • Alternative dispute resolution processes
  • Civil vs criminal litigation

Learning objective(s)

  • Identify key areas of litigation exposure for CPA firms
  • Recall best practices in claims and litigation avoidance and management
  • Identify common defense strategies for CPA firms when facing processional claims
  • Recall new and emerging issues in CPA litigation
  • Understand being countersued when suing for fees
  • Advise both sides of a deal
  • Get involved in deals with clients
  • Write engagement/retainer letters and disengagement letters
  • Understand the applicable duty of care and corresponding damages

Who should take this program?

Accounting and auditing practitioners at all levels involved in the quality and risk management process at their firms

Fees

Our records indicate you are a nonmember. If you register, you will be charged $89.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $89.00
checkmark Standard Nonmember Fee $89.00

More program information

Location Online
Area
of study
Practice management
Field(s)
of study
Business Management & Organization - Non-Technical (2.0)
Level Basic
Format Group Internet Based
Sponsor Surgent
NASBA ID#: 103212
Prerequisites Prereq. Experience in accounting and attestation
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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If you have questions about this event, please call us at 952-831-2707.