How Accounting Firms Should Deal With Clients Facing Insolvency
December 11, 2018 | 8:00am – 10:00am [with breakfast and check-in starting at 8:00am]
In light of the increasing uncertainty facing companies in various industries, accounting firms should consider how to manage clients that currently are facing (or may soon face) financial distress. Join us for a roundtable discussion on how accounting firms can "prepare for the worst" through their client engagement agreements, what firms should do when they detect warning signs of financial trouble, and how they may reduce their losses if a client becomes insolvent.
The roundtable discussion will address the following issues, among others:
- Drafting engagement letters with an eye toward mitigating future insolvency and bankruptcy risks.
- Managing financial problems with your clients early on.
- Getting paid on your outstanding invoices.
- Issues to consider when you contemplate terminating an engagement.
- Minimizing preference and fraudulent transfer risks.
- What to do if the client ends up in bankruptcy, including getting retained to provide services to a client during its bankruptcy case.
Speaker:
Michael Riela
Partner, Tannenbaum Helpern Syracuse & Hirschtritt LLP
Date:
Tuesday, December 11, 2018
Venue:
Tannenbaum Helpern Syracuse & Hirschtritt LLP
900 Third Avenue, 13th Floor (between 54th and 55th st.)
New York, NY 10022
Agenda:
8:00 am - 8:30 am: Check-In and Breakfast
8:30 am - 9:30 am: Panel Discussion & Q&A
9:30 am - 10:00 am: Networking
NY CPE credit: 1.0 CPE credit in Business Law
Contact: For more information regarding the event, send an email to events@thsh.com
| Who should attend: Accountants |
Prerequisites: None |
Advance Preparation: None |
| Program Level: Overview |
Delivery Method: Group-Live |
Conference Policies: Refunds and Cancellations - NO FEE |
For more information regarding refund, complaint, and/or program cancellations policies, please contact Emily Musson at 212-702-3162.
Tannenbaum Helpern Syracuse & Hirschtritt LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the national Registry of CPE Sponsors through its website: www.learningmarket.org.
