Are You Qualified? The Ethics of Practice Development and Skill Enhancement

Overview

For an accounting practice or career to thrive, it must grow and develop. But what about the "Catch-22" of practice development: expertise at anything new requires experience, and experience cannot be attained while you are a non-expert! Or can it? This workshop looks at some of the more popular pathways to practice development (e.g., cybersecurity, client advisory services and cannabis) and considers the drawbacks of reaching too far, too fast.

Prerequisites

None

Objectives

• Consider various practice and career development opportunities in these turbulent times.
• Review of some of the ethical standards that apply to non-traditional services performed by accountants.
• Consider real-life cases that highlight the risks of over-reaching as accountants begin developing expertise in new areas.

Highlights

• The Catch-22 of Practice Development and Skill Enhancement
• The Ethics of Education and Experience Requirements
• Examples of Skill-Expansion Resources
• Practice- and Skill-Expansion Cases to Consider
• Conclusion