Written Information Security Plans

Overview

Thsi course provides a comprehensive overview of Written Information Security Plans (WISP), focusing on their purpose, requirements, and implentation. All PTIN holders must certify they have a WISP prior to renewal, along with certifying the training of employees, staff and contractors as necessary. Participants will explore the history and legal foundation of WISP under the Gramm-Leach-Bliley Act, and how compliances is enforsed through IRS Circular 230, AICPA Statments of Standards, The American Bar Associations and the Federal Trade Commission (FTC).

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

The major topics that will be covered in this course include:

• Introduction to the Gramm-Leach-Bliley Act and its impact on data security.
• Circular 230 compliance and due diligence for practitioners.
• AICPA Statements of Standards relevant to WISP requirements.
• Key components of a Written Information Security Plan.
• Training requirements for employees, staff, and contractors.
• Practical guidance for drafting and implementing a WISP.
• FTC enforcement of data security standards for PTIN holders.
• Best practices for maintaining and updating WISP compliance.

Prerequisites

None

Designed For

CPAs, EAs, Tax Practitioners, Financial Planners, Investment Advisors and other professionals subject to PTIN requirements or responsible for data security compliance

Objectives

After attending this presentation, you will be able to...

• Recall the Gramm-Leach-Bliley Act and its requirements for data security.
• Analyze compliance requirements under Circular 230 related to WISP and data security.
• Identif

  Preparation

  None

  Notice

  This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by CPA Crossings.