Webinar: Upholding Independence While Holding Your Client’s Hand

December 28, 2020 from 2:00 pm – 3:45 pm EST

Many entities look to their CPA as a trusted advisor when tackling complex accounting topics. This is more relevant now than ever. The FASB's big three accounting pronouncements involving revenue recognition, leasing and credit losses have placed a magnifying glass on this reality. Practitioners need to exercise caution to ensure they maintain independence as they assist their review and audit clients with such matters, as well as with compilation engagements. This course addresses these issues and explores best practices and guidance provided by the AICPA's Code of Professional Conduct.

Learning Objectives: Apply key strategies in maintaining independence in client engagements; Use lessons learn to better understand the AICPA's Code of Professional Conduct; Assess circumstances that threaten independence; Determine how safeguards may reduce independence threats to an acceptable level.

Program Content:

• Discussion of circumstances that may cause recent FASB pronouncements to introduce threats to independence
• Review the AICPA's Code of Professional Conduct
• Provide best practice tips and practical strategies for preserving independence when assisting clients with technical matters

Who should attend: CPAs in public practice and members in industry

Program Level: Intermediate

Developed By: Van Der Aa Tax Ed, LLC

Instructor: Chris Harper, CPA, MBA

CPE Credit: 2 hours

Field of Study: Regulatory Ethics

Prerequisites: Basic working knowledge of professional ethics and independence requirements for professional engagements.

Advanced Preparation: None