Webinar

Third Party Verification (Comfort) Requests: Options for Responding and How to Determine Which Professional Standards to Apply

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Frequently, third parties may request certain financial and nonfinancial information to be verified by the external accountant (often referred to as ";comfort letters"). This course will provide insight into how to respond to requests for comfort in a way that will minimize professional liability risk.

Major subjects

• Common third party verification requests.
• Differentiating the allowable options for responding to requests for comfort, including SSARS, SAS and SSAE engagements.
• Critical elements of professional standards that may apply to nonattest and attest services performed.
• Establishing an understanding with the client regarding the nature and scope of services.

Learning objectives

• Describe the various nonattest and attest options available for appropriately responding to third party verification requests.
• Explain how to select the most appropriate type of engagement to meet the client's needs.
• Discuss how to meet the needs of your client and satisfy third parties, without putting your practice at risk.

Who should take this program?

• Anyone who performed nonaudit services.

Pricing

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.

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