Mind the Gap: Managing Scope & Risk in Client Accounting Services - VIRTUAL (KYCPAFREE)

Overview

The scope of a Client Accounting Services engagement can vary widely, and services may range from those that are more transactional, like bookkeeping, to those that are more strategic, like CFO advisory.  Without a clear vision and blueprint for the engagement, the line between your role and what your client thinks your role is can blur.

Objectives

• Identify how professional liability claims arise from the delivery of client accounting services
• Identify practices to incorporate during the drafting of engagement letters for client accounting services 
• Recognize methods to identify and address changes in scope in order to mitigate risk
• Evaluate how risk management tools and techniques can be implemented based on your firm’s unique characteristics