Upholding Independence While Holding Your Client's Hand (2 hours)

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Aug 5, 2020

Registration: 9:00 AM / Program: 9:30 AM - 11:30 AM Pacific Time

Fees

Member Fee: $79.00
Nonmember Fee: $79.00

Available Discounts

AICPA Member: None
Full time Accounting Educator: None

Description

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. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Note: Beginning July 1, 2020, ALL active and inactive licensees are required to take an Oregon-specific ethics course to meet the CPE requirement for renewal.

Designed For

CPAs in public practice and members in industry

Objectives

After attending this presentation you will be able to...

  • 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

Major Subjects

The major topics that will be covered in this course include:

  • 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

This event has already passed. If you have any questions, please contact us at 503-641-7200 or email profdev@orcpa.org.