When something goes wrong, those who are affected financially frequently look for someone to blame. Accountants and auditors are often an easy target, and professional malpractice claims are more common than you think. This webinar focuses on practical advice for the anyone engaged in auditing or accounting. We will cover what every accountant needs to know about professional malpractice claims and, more importantly, how to avoid them. In addition to the basic legal frameworks and best practices, real-world case studies will be used to illustrate and dissect typical malpractice scenarios.

 The topics covered will include:

•Common malpractice issues

•Understanding and avoiding negligence

•Specific ethical obligations applicable to auditors and accountants

•Identifying fraud and insulating yourself from it

•Auditing to avoid liability