Most sole practitioners and local CPA firms routinely provide write-up
and other accounting services to their clients, as well as compilations
and reviews of financial statements. Since these engagements do not
involve technical audit standards and issues, many CPAs view them as low
risk. They are not. These services can generate a surprising number of
significant malpractice claims: one case resulted in a judgment of one
million dollars! This course identifies the risks (and proven,
risk-mitigating practices) throughout the entire life-cycle of an
engagement, from client acceptance to engagement performance and
reporting, even withdrawal.