WISP: Privacy, Data Security, and a Written Information Security Program (2023)

To protect customers’ privacy and security safeguards, the IRS requires the creation of a written information security plan (WISP). Various issues come into play with the creation of a WISP, such as updating customers on privacy practices and providing them opt out notices as applicable. This course provides detailed information on these and other requirements.

Last Revision: March 2023

$32.00
  

Prerequisites

Prerequisites are not necessary to participate in this course and no advance preparation is needed.

Course Description

To protect customers’ privacy and security safeguards, the IRS requires the creation of a written information security plan (WISP) or program.

Various issues come into play with the creation of a WISP, such as updating customers on privacy practices and providing them opt out notices as applicable. This course provides detailed information on these and other requirements.

After completing this course, you will be able to:

  • Identify the breadth of the Federal Trade Commission’s rulemaking and enforcement authority under the Gramm-Leach-Bliley Act over accounting and tax professionals
  • Specify the nine elements of a written information security program or plan (WISP)
  • Understand how to create a written information security program or plan (WISP)
  • Identify how to comply with the initial and annual privacy notice requirements, and the opt out rule
  • Specify why data privacy and security compliance is important for federal, state, and other regulatory purposes

CPE Facts

Affiliation* CPE Awarded Delivery Method Field of Study Course ID Sponsor ID
NASBA 2 Self-Study Taxes N/A 103137
CTEC 2/0 Self-Study Federal Tax Law 3038-CE-0298 3038
IRS 2 Self-Study Federal Tax Law FQTGU-T-00540-23-S FQTGU
Texas State Board of Accountancy 2 Self-Study Taxes 100412 002921
Pennsylvania State Board of Public Accountancy 1 Self-Study (Non-Interactive) Taxes N/A

* Individuals with other professional credentials should check with their state licensing board or accrediting organization to determine if this program meets their continuing education requirements.

Other Details
Last Revision March 2023
Course Expiration The CPE portion of this course expires one year from date of purchase
DrakeCPE Course Policies and CPE Affiliations