Regulatory Ethics - Data Safety

Overview

Data is the lifeblood of business. CPAs need to be vigilant in safeguarding their clients' confidential data. CPAs are also ethically bound to protect their clients' information, in accordance with the AICPA Code of Professional Conduct which requires members not to disclose confidential client information without that client's specific consent. Safeguarding confidential data is also necessary to comply with federal and state regulations.

This course covers several important topics CPAs should be mindful of regarding client data. These topics include regulatory requirements for maintaining confidential client information, malpractice considerations regarding data, and requirements for client record retention systems.

Learning Objectives

After completing this course, students will be able to:

  • recall actions that CPAs should undertake to remain compliant with the AICPA Confidential Client Information Rule
  • recall key considerations that CPAs should make when developing record retention policies
  • identify key characteristics of a well-designed record retention system

Designed For

CPAs, EAs, and other tax and financial professionals

Advanced Preparation

None

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Find this course for your license:

License or Certification

Regulator

Type