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Friday, September 8, 2017 LiveEssex Chapter

Professional Liability / Forecast and Projections (E1709499)

8:30 AM - 12:30 PM EDT

Registration: 8:00 AM EDT

The Hanover Manor

16 Eagle Rock Avenue
East Hanover , NJ 07936

4 CPE Credits in AA

OVERVIEW

First, learn about new and emerging exposures facing CPA Firms and best practices to manage liability. Then hear the lastest updates surrounding agreed-upon procedures, financial forecasts and projections.

BENEFITS

Earn 4 CPE credits in AA.

HIGHLIGHTS

Professional Liability

The course is intended to describe the common claims faced by CPA practices of all sizes and best practices to avoid such exposures. The following will be discussed:

  • The privity defense
  • Frequency and severity of claims
  • Statute-of-limitations
  • Best practices to mitigate exposures
  • Insurance coverage
  • New and emerging exposures

Agreed Upon Procedure Engagements (AUP's)
Hear a discussion of important components of AUP's. Hear examples and learn when/why you should involve a specialist. Topics include:

  • Independence
  • Procedures
  • Preconditions
  • Other conditions to consider
  • Nature, timing and extent of procedures
There will be time for questions at the end of the presentation.

COURSE LEVEL

Intermediate

PREREQUISITES

None

ADVANCE PREPARATION

None

ADDITIONAL NOTES

$14 late fee will be applied after 9/6. Season Pass holders must register for each event.



For course materials, please visit your My Events page. Handouts are added as received, remember to check back for updates.

INSTRUCTORS

Brad Muniz

Brad E. Muniz, CPA

Principal

CliftonLarsonAllen LLP

Brad is an assurance principal at CLA (CliftonLarsonAllen LLP). He has significant experience in financial reporting, tax compliance and planning for closely held businesses, SEC registrants, nonprofit organizations and strategic business planning, and in industries, such as real estate, construction, architectural and engineering, retail, hospitality and manufacturing. Brad is a member of the AICPA and the NJCPA, and was a former NJCPA president. In addition, Brad has served as an adjunct professor of accounting at William Paterson University and the College of Saint Elizabeth.

John Raspante

John F. Raspante, CPA, MST, CDFA

Director of Risk Management

McGowanPRO

John oversees the industry specific expertise and risk management for McGowanPRO’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.