2024 Upholding Independence While Holding Your Client's Hand

Overview

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.

**Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.

Highlights

• 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

Prerequisites

None

Designed For

CPAs in public practice and members in industry

Objectives

• Develop an outline of presentation topics
• Draft talking points for a media interview
• Edit your written work for clarity and length
• Adapt content depth and delivery as appropriate for the intended audience
• Recognize best practices for both written and verbal formats
• Avoid plagiarism by providing appropriate credit for sourced material
• Enhance audience engagement

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by ACPEN. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.