As our profession, and society, is continually being rocked by accounting scams and scandals, we need to be informed and alert. This popular webcast takes a direct and in-depth look at four recent court cases involving accusations that accountants missed or overlooked obvious "red flags." Questions about due diligence, professional competence, planning and supervision, and the gathering of sufficient data inevitably arise in these situations. This webcast examines recent "real life" cases and controversies that have highlighted three overlapping domains: accountants' due diligence, accounting ethics, and accountants' professional liability.
• Four recent "real life" accounting scandals involving missed "red flags" are studied from the ground up. Emphasis is on those recent cases that have been resolved to some extent, so that participants are considering facts and not merely rumors or allegations.
• The analysis and discussion of each case emphasizes both the accounting and professional ethics aspects.
• Course materials - provided online - include court opinions and other pertinent resources pertaining to both the accounting and the ethical issues. The links to the online "handouts" that will be discussed during the webcast are available a few days ahead of time at www.spaldingcpe.com.
Just like a live seminar, you attend a webcast at a scheduled time, only you do it from a web page on your computer. Webcasts include video and audio of the speakers, slides, and handout materials — all on your computer!