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Write-up, Payroll and Other Accounting Services: Managing the Risks (111206-12)

Description

Most sole practitioners and local CPA firms routinely provide write-up,
payroll and other accounting services to their clients. Since these
engagements involve no technical standards or issued opinions, most CPAs
view them as risk-free. 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 accounting services engagement, from client acceptance to
engagement performance to withdrawal.

Learning Objectives
  1. Identify the risks inherent in write-up, payroll and other accounting services
  2. Identify the risk management practices available to mitigate the identified risks
Major Topics
  1. Having critical conversations: engagement scope, firm responsibilities, client responsibilities
  2. Supervision of client employees
  3. Preventing engagement creep
  4. Maintaining quality control over accounting services
  5. Withdrawing from an engagement
  6. Numerous illustrative examples, interpretative flowcharts, observations and engagement management suggestions
Course Level
Intermediate
CPE Field of Study
Auditing
4
Prerequisites
Experience in write-up, payroll, and other accounting services
Location
 
MACPA Towson Center
901 Dulaney Valley Rd
Towson, MD 21204 US
View in Google Maps
Event Information
When
Aug 21, 2012
12:00 pm - 3:30 pm EST
Location
MACPA Towson Center
901 Dulaney Valley Rd
Towson, MD 21204 US
Total CPE Credits
4
Format
In-Person

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$ (% off)
$150.00

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$ (% off)
$200.00
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Write-up, Payroll and Other Accounting Services: Managing the Risks (111206-12)


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