Webinar

Avoiding Peer Review Deficiencies and Professional Liability in Public Accounting

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

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Peer review deficiencies and professional liability claims result from both audit and nonaudit services. This course will provide best practices for avoiding legal liability and quality control concerns for a wide variety of professional services offered by public accountants.

Major subjects

• Differentiating risks faced when performing various levels of professional services, such as audits, reviews, compilations, preparing financial statements, bookkeeping, tax return preparation, and similar
• Best practices for preventing quality control concerns that could lead to peer review deficiencies or malpractice claims
• Establishing an understanding with the client to minimize misunderstandings as to the nature and scope of engagements
• Explain situations when independence should be appropriately safeguarded when performing nonattest services

Learning objectives

• Recall the nature of risks faced when performing a variety of professional services for clients
• Explain how to mitigate risks faced by all CPAs in performing professional services
• List best practices for maintaining quality control for all professional engagements

Who should take this program?

• Anyone who performs audit or other attest services

Pricing

Our records indicate you are a nonmember. If you register, you will be charged $129.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.