Most California law firms are not prepared for a CTAPP compliance review, and the State Bar is not waiting for them to catch up.
In this 2-minute breakdown, Drew Carrick, @TheRappingCPA Strategy Lead at CPAClub, walks attorneys and law firm administrators through the five things every California firm should understand about the Client Trust Account Protection Program (CTAPP) compliance review, including how selection actually works, why this is an agreed-upon procedures engagement rather than an audit, what documentation drives the engagement, the sequential phases of the review, and how findings get reported back to the State Bar.
What we cover
– Why CTAPP selection is structured, not purely random
– How an agreed-upon procedures engagement differs from an audit
– The documentation that drives the entire process
– The sequential phases every firm should expect
– How findings are reported directly to the State Bar
Chapters
0:00 Why most firms are not ready
0:20 What CTAPP actually is
0:40 Selection is structured, not random
1:00 Agreed-upon procedures, not an audit
1:20 Documentation drives the process
1:40 The sequential review process
2:00 Findings go directly to the State Bar
2:15 Reactive firms vs prepared firms
Who this is for
California attorneys, managing partners, law firm administrators, COOs, and compliance leads preparing for CTAPP reporting or a potential compliance review selection.
CPAClub works with California law firms to navigate the CTAPP compliance review process and strengthen day-to-day client trust account oversight.
Visit: https://cpaclub.cpa/ctapp-compliance-review/
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CPAClub is an advisory firm offering CPA firms with an assortment of technology, transformation, change management, and compliance solutions; these include quality control implementation, quality management monitoring, CTAPP reviews, EQR support, peer review support, education and training, and business process performance and improvement.
For more information on CPAClub, check out our website: cpaclub.cpa and connect with us on LinkedIn at www.linkedin.com/company/cpaclub
