AI Liability and Malpractice Exposure for CPAs (On-Demand - Wasny)
Overview
This course provides a concise overview of the emerging liability, malpractice, regulatory, insurance, and professional-conduct risks associated with CPAs’ use of artificial intelligence. Participants will examine how traditional duties of care, competence, confidentiality, verification, and professional accountability apply when AI is used in accounting, tax, audit, and advisory work. Drawing on developments in the United States, Canada, and the United Kingdom, the course explores documented AI failures, regulatory expectations, insurance coverage gaps, data exposure, and practical controls CPAs can implement to make AI-assisted work more defensible.
Access expires 180 days from purchase date |
Applicable for
Learning Objectives
- Upon completion of this course, participants will be able to:
- Explain how professional liability principles apply to AI-assisted work
- Identify AI-related conduct that may create malpractice or disciplinary exposure
- Analyze how hallucinations and inadequate verification can produce professional liability
- Compare key AI-related professional obligations across the US, Canada, and UK
- Evaluate potential AI exclusions and coverage gaps in professional liability insurance
- Assess confidentiality, privacy, privilege, and data-handling risks associated with AI
- Apply verification, documentation, governance, and human-review controls to strengthen defensibility
Content
- Professional accountability for AI-generated work
- AI errors, hallucinations, and malpractice exposure
- Emerging cases, sanctions, and disciplinary actions
- AI regulatory expectations in the US, Canada, and UK
- Professional liability insurance and AI coverage gaps
- Confidentiality, privilege, privacy, and data exposure
- Verification, documentation, governance, and defensibility
Course Content Created: September 2026
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
Garrett Wasny, MA, CMC, CITP/FIBPAbout This Product
On-Demand Courses by Garrett Wasny. Garrett Wasny, MA, CMC, CITP/FIBP is an independent digital skills advisor to accountants worldwide. His courses focus on the intersection of accounting and technology, and provide guidance to practitioners on how to prosper in this dynamic age. The sessions demystify emerging cloud, mobile, and social applications, and explain in plain language how financial professionals can use these online tools to build trust, solve problems, and create new value. The presentations reveal how practitioners can build on their core knowledge as financial stewards and develop new digital competencies as strategic advisors, cross-domain thinkers, and integrated reporters. You’ll walk away from his courses future-ready, tech-powered, and technically prepared to take on a storm of business disruption.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
After completing your purchase, go to mylms.bccpa.ca. Log in using your CPABC Online Services credentials. Click Go to Your Courses and Materials to access your Learning Center. Select your course title to begin.
What you can expect
An optional exercise will be available to further your learning.
Course Dates & Registration
- 1.75
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 3
- Credits
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.
AI Liability and Malpractice Exposure for CPAs (On-Demand - Wasny)
- 1.75
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 3
- Credits
Overview
This course provides a concise overview of the emerging liability, malpractice, regulatory, insurance, and professional-conduct risks associated with CPAs’ use of artificial intelligence. Participants will examine how traditional duties of care, competence, confidentiality, verification, and professional accountability apply when AI is used in accounting, tax, audit, and advisory work. Drawing on developments in the United States, Canada, and the United Kingdom, the course explores documented AI failures, regulatory expectations, insurance coverage gaps, data exposure, and practical controls CPAs can implement to make AI-assisted work more defensible.
Access expires 180 days from purchase date |
Applicable for
Learning Objectives
- Upon completion of this course, participants will be able to:
- Explain how professional liability principles apply to AI-assisted work
- Identify AI-related conduct that may create malpractice or disciplinary exposure
- Analyze how hallucinations and inadequate verification can produce professional liability
- Compare key AI-related professional obligations across the US, Canada, and UK
- Evaluate potential AI exclusions and coverage gaps in professional liability insurance
- Assess confidentiality, privacy, privilege, and data-handling risks associated with AI
- Apply verification, documentation, governance, and human-review controls to strengthen defensibility
Content
- Professional accountability for AI-generated work
- AI errors, hallucinations, and malpractice exposure
- Emerging cases, sanctions, and disciplinary actions
- AI regulatory expectations in the US, Canada, and UK
- Professional liability insurance and AI coverage gaps
- Confidentiality, privilege, privacy, and data exposure
- Verification, documentation, governance, and defensibility
Course Content Created: September 2026
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
Garrett Wasny, MA, CMC, CITP/FIBPAbout This Product
On-Demand Courses by Garrett Wasny. Garrett Wasny, MA, CMC, CITP/FIBP is an independent digital skills advisor to accountants worldwide. His courses focus on the intersection of accounting and technology, and provide guidance to practitioners on how to prosper in this dynamic age. The sessions demystify emerging cloud, mobile, and social applications, and explain in plain language how financial professionals can use these online tools to build trust, solve problems, and create new value. The presentations reveal how practitioners can build on their core knowledge as financial stewards and develop new digital competencies as strategic advisors, cross-domain thinkers, and integrated reporters. You’ll walk away from his courses future-ready, tech-powered, and technically prepared to take on a storm of business disruption.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
After completing your purchase, go to mylms.bccpa.ca. Log in using your CPABC Online Services credentials. Click Go to Your Courses and Materials to access your Learning Center. Select your course title to begin.
What you can expect
An optional exercise will be available to further your learning.
Course Dates & Registration
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.