CATEGORY: Auditing (8), Ethics (4)
SPEAKER: Shimon Einhorn, CPA
DATE: Wednesday August 19, 2020
TIME: 8:50 A.M. - 5:10 P.M. Eastern
8:50 - 10:45 Welcome & Lecture
10:45 - 11:00 Coffee Break
11:00 - 12:30 Lecture
12:30 - 1:30 Lunch (on your own)
1:30 - 3:15 Lecture
3:15 - 3:30 Coffee Break
3:30 - 5:00 Lecture
5:00 - 5:10 Wrap-up
LOCATION: Due to COVID-19 we will be running this seminar as a WEBINAR REBROADCAST only. If conditions improve, there will be an option to attend at the:
New Yorker Hotel 34th St. & 8th Ave. NYC
NOTE: This seminar will be recorded immediately prior to the actual seminar date in order to provide the most up-to-date guidance. Additionally, there will be an opportunity to receive answers from the instructor in real-time by submitting your questions in the Q&A forum on the webinar page!
This all new and unique seminar offered nowhere else, will feature two important sessions.
The morning session details everything you need to know to regarding the new "Hosting Services" interpretation of the “Independence Rule” (ET §1.200.001) in the AICPA Code of Professional Conduct which establishes requirements for CPAs that were developed with the new technology in mind. The principle underpinning the “Hosting Services” interpretation is that CPAs should not perform any activities for their clients that are management’s responsibility. The interpretation explains that taking responsibility for hosting an attest client’s data or records impairs a CPA’s independence. Shimon will explain these rules in detail and how it applies to your practice. This morning session will satisfy the NYS requirement (as well as all states with a general ethics requirement) for your 4 ethics credits! Earn all your required ethics with this course.
The afternoon session will focus on how to avoid many common financial statement deficiencies and include a discussion of peer review.
Topics & Learning Objectives Include:
- New "Hosting Services" Interpretation
- Common Financial Statement Deficiencies
- Peer Review
Shimon Einhorn is one of the foremost lecturers in accounting and is involved in Peer Review! Ask him ANY question on preparing financial statements!