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.
* Describe 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
* 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
Who Should Attend
Anyone who works in public accounting
Additional Event Information
Contact NCACPA if you need assistance with your online program. For the quickest results, email the Online Learning Team at [email protected], and a team member will contact you shortly.
If you need assistance with internet access issues, browser capability, or when the NCACPA office is closed* please call Freestone Technical Support at 866-702-3278 or by email at [email protected] .
*NCACPA office hours are 9:00 am–5:00 pm ET. Online Learning Team members will be available via email 30 minutes prior to the start of a live online program.
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