Ethical Challenges for Today’s Practitioner

$219.00

SKU: 411060

Description

Gain valuable insights on maintaining professional competence amidst technological advancements and global shifts.
Just when you thought you had mastered the basic rules of ethics that apply to tax professionals, the world was turned on its head with a global pandemic and the rise of new technology. Once thought of as an easy A in college or law school, our increasingly complex work environment has presented more ethical challenges than ever before. Competence no longer means just understanding the tax code privilege might be breached by toddlers and the standard definitions of what it means to practice in a jurisdiction have been stretched farther than we imagined possible. Come learn what Amazons Alexa, the metaverse and global nomads have to do with ethics in this highly practical session discussing the ethical issues that arise in our everyday practice as tax professionals and where to look for guidance when the old rules no longer seem to apply.

Date: 2023-12-18 Start Time: 1:00 PM ET End Time: 3:00 PM ET

Learning Objectives

* You will be able to describe the basic ethical duties of tax professionals.

* You will be able to discuss the differences between confidentiality, privilege, and work product protection.

* You will be able to explain the upcoming changes in the law and ethical guidelines that will affect tax professionals.

* You will be able to identify the unique ethical challenges that remote work brings.

Back to Basics: Confidentiality, Privilege, and Work Product Protection
• Duties of Confidentiality Applicable to Tax Professionals
• Compare and Contrast • Confidentiality Versus Privilege
• Work Product • What Does It Cover and When Is It Waived?

Practitioner Core Competencies
• Competence, Diligence and Supervision
• Keeping up With Technology
• Unauthorized Practice and Global Nomads

Tax Practice in the Time of (Post-)COVID
• New/Updated Ethical Guidance
• The Particular Challenges of Remote Work
• Zoom and Zealous Representation

Recent Updates to Ethical Guidelines
• Circular 230 • How Has Its Scope Been Narrowed by the Courts?
• AICPA Statement of Standards for Tax Services • New Sstss Effective January 1, 2024!
• What to Do About the Corporate Transparency Act

Enrolled Agents ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Melissa L. Wiley-Lowenstein Sandler LLP

Ethical Challenges for Today’s Practitioner

$219.00

SKU: 410441

Description

Explore this comprehensive review of the fundamental principles of integrity, objectivity, and independence in all of your professional activities.
This topic will acquaint you with common ethical complaints and the intersection of professional liability claims plaguing the profession. Consequently, it will illustrate best practices to avoid both perils and, in addition, discuss recent updates to the code of conduct.

Date: 2023-03-08 Start Time: 1:00 PM ET End Time: 3:00 PM ET

Learning Objectives

* You will be able to define which code of conduct we follow.

* You will be able to explain the main pillars of the code of conduct.

* You will be able to review practical examples of the codes rules and interpretations.

* You will be able to discuss recent changes to the code of conduct.

AICPA Code of Professional Conduct
• Principles of Professional Conduct
• Rules
• Independence
• Lack of Independence
• 101-3
• SSARS 19
• OCBOA
• Conflicts of Interest

General Standards
• Competency

Responsibilities
• Confidentiality
• Contingent Fees
• Cyber Liability
• Firm Mergers

Other
• Acts Discreditable
• Advertising and Solicitation
• Commissions and Referral Fees

Codification

Rulings and Interpretations

Requests for Records
• State Board Rules
• AICPA Rules
• Circular 230

Ethics in Tax Engagements

AU 561

Licensees in Industry

International Standards

Common Ethical Complaints

Case Studies and New Developments

Enrolled Agents ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

John Raspante, CPA, MST-McGowanPRO