Follow your favourite podcasts, listen offline and in the car with CarPlay and Android Auto, and always pick up where you left off. Free to try.
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn: - The crucial distinction between aspirational "best practices" in Section 10.33 and sanctionable conduct. - Why clear engagement letters are the best practice for communicating the scope of work with clients. - A practitioner's duty to make reasonable inquiries when client-provided information appears incomplete or questionable. - How to properly advise clients on potential tax penalties without guaranteeing outcomes. - The mnemonic "CLEAR" to remember the core best practices: Communicate terms, Locate facts, Evaluate law, Advise on consequences, and Represent with integrity.
For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
