New
23WX-0312: Attorney Audit Inquiry Letters (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Thursday, April 6, 2023
10:00am - 11:00am Central Time
1 CPE (1 technical)
Under ASC 450-20-20, SAS 12 and FAS 5, auditors must inquire into potential loss situations, and issue letters to a client's attorney, requesting disclosures. This session addresses the controversial disclosures regarding attorney-client confidentiality and explores the differences. A goal towards the formation of adequate disclosures that do not breach attorney-client privilege will also be discussed. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Major subjects
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Loss contingency disclosures from attorney's viewpoint, including confidential disclosures
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How the American Bar Association policy affects an attorney's answer
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Problems with unasserted claims
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When loss must be accrued and when it must only be disclosed
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Communicating with a client's attorney to obtain the necessary information needed for the audit
Learning objective(s)
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Compare and contrast how CPAs and attorneys look at loss contingencies with different points of view.
Who should take this program?
CPAs involved in audits
Fees
Our records indicate
you are a
nonmember.
If you register, you will be charged
$49.00
(Standard Nonmember Fee).
Members: Please
log in
to receive member fee.
|
Standard Member Fee |
$49.00
|
 Standard Nonmember Fee |
$49.00
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