Ethical Considerations in Record Retention: Should I Keep or Should I Throw
Online
1.00 Credits
Member Price $39.00
Non-Member Price $59.00
Overview
Requirements surrounding record retention continue to leave many practitioners confused. What documents must you keep, how long must you keep them and which can you destroy? Discuss why it is important to understand the requirements and the potential impact it can have on both the governmental unit and the CPA firm.
Objectives
- How long a CPA must retain client records
- What must be done upon selling a practice or retiring
Highlights
- Importance of a Record Retention Policy
- What records must CPA return to client
- Difference between Code of Conduct and IRS Circular 230
- Importance of Record destruction when no longer required to retain records
Designed For
All CPAs
Prerequisites
None, but it would be helpful to know how to access the AICPA Code of Professional Conduct.
Preparation
None
Notice
Your webinar can be accessed via https://ctcpas.acpen.com/. If you do not have an ACPEN account, please sign up for an account using the email address you have on file with CTCPA.
Leader(s):
Leader Bios
Raymond Rowe, J.D., Raymond T. Rowe, P.C.
Raymond T. Rowe, JD
Raymond T. Rowe is both a registered Certified Public Accountant and an Attorney and practices law in Troy, Michigan. His practice concentrates on tax planning, tax audits, tax collections, estate planning, probate and business matters. He graduated from Wayne State University in 1968, with a Bachelor of Science in Accounting and in 1970, with a Juris Doctorate, Magna Cum Laude from Wayne State University Law School. He is a member of the following organizations: American Bar Association State Bar of Michigan American Institute of Certified Public Accountants Michigan Association of Certified Public Accountants Member of: Ethics Task Force Small Practitioners Task Force Elder Care Subcommittee
He has been an instructor on various tax, accounting and ethics matters with: 2005 National Association of Black Accountants Convention in Detroit, MI NABA Division of Firms Annual Conferences Oakland University Michigan Association of Certified Public Accountants Developed and presented various tax, estate planning, accounting and ethics courses
Mr. Rowe has been rated “AV”, which is the highest rating by Martindale-Hubbell Law Directory for over 30 years.
Non-Member Price $59.00
Member Price $39.00