Auditors routinely ask lawyers about "loss contingencies" ―legal actions that may result in a client loss. Attorney-client privilege concerns require that the lawyer respond carefully, following a convention established by the American Institute of Certified Public Accountants and the American Bar Association in the mid-1970s. What can you say and what shouldn't you say? The panel will discuss the 30 years with the convention, proposed changes, and practical tips for auditor inquiries that don't follow the convention.
speakers
Steven B. King, Partner, Business and Finance
J. Douglas Rollow, III, Partner, Business and Finance
Christine Archbold, Senior Manager, Ernst & Young, LLP
Continuing Legal Education
This program offers 2.0 Pennsylvania CLE credits, including 1.0 ethics credit. Uniform Certificates of Attendance will be available for the purpose of obtaining credit from jurisdictions other than Pennsylvania.