TAX2401P. Due Diligence in Tax Practice: Policies, Procedures, and Protection

Proper due diligence for a tax practice involves many aspects - 

• Are the policies and procedures established being followed?
• What role do technical tax checklists play?
• Have I considered how the change in the Statements of Standards on Tax Services should be reflected in my practice?
• What are the latest trends in liability insurance claims and how do I protect my practice?

Hear from a current practitioner and risk control director to learn how you can take the right next steps.

Learning Objectives:

• Identify the importance of established policies and procedures in a tax practice and learn how to ensure they are being properly implemented and followed.
• Identify the changes in the Statements of Standards on Tax Services and how these changes should be reflected in their practice.
• Identify the latest trends in liability insurance claims and learn strategies to protect their practice from potential risks.