Date: Tuesday, February 21, 2017
Time: 02:00 PM ET / 01:00 PM CT / 12:00 PM MT / 11:00 AM PT [Prevailing Time]
Presenter(s): John Raspante, CPA, MST NAPLIA
Objective: Participants will gain an understanding of risk management techniques to mitigate loss and protect their check book from the cost of attorney fees and damages.
Field of Study: Tax Claims
Program Level: Basic
CPE Credit: 1 Credit Hour
No advanced preparation or prerequisites are required for this course.
Tax claims against accounting firms are the most frequent of all claims faced by accountants. These claims historically result in 52% to 55% of all claims made against accounting firms. Due to the high frequency of these claims it is important for accounting firms to have internal controls and procedures in place to mitigate litigation against them.
The intent of this session, Tax Claims, is to provide the accounting firm with an understanding of risk management techniques to mitigate loss and protect your check book from the cost of attorney fees and damages. The presenter, John Raspante will cover the types of claims and best defenses against such claims including topics like; client selection process, engagement letter usage, client communication and more.
John Raspante is NAPLIA’s Director of Risk Management. He oversees the industry specific expertise and risk management for NAPLIA’s accounting and financial clients. Mr. Raspante is the former Director of Compliance and Risk Management as well as the Director of Education for Graf Repetti & Co. LLP, Certified Public Accountants & Business Advisors. Prior to joining Graf Repetti, Mr. Raspante worked nine years for CAMICO Mutual Insurance Company, a provider of accountants’ professional liability insurance. Mr. Raspante’s primary responsibility at CAMICO was providing loss prevention services to the organization’s largest insured’s. Mr. Raspante is a frequent speaker within the accounting profession on issues relating to risk management and professional ethics. He presents regularly at different conferences for accounting firm associations and CPA State Societies. He is a published author and contributor for accounting firm periodicals such as Journal of Accountancy and Accounting Today.
$25.00 for CPAFMA Members / $40.00 for Non-Members / Free for PAFMs
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