How CPA firms can protect themselves from lawsuits

Hosted by Chris Baysden

Being a public accountant entails a certain amount of professional liability risk. But accountants can take steps to mitigate that risk. In this episode, guest Sarah Beckett Ference, CPA, of CNA joins the podcast to talk about ways that CPAs can help prevent, or defend themselves from, lawsuits.

What you’ll learn in this podcast:

  • What practice areas see the most professional liability claims.
  • Examples of the types of assertions being made in professional liability claims.
  • What types of things practitioners do—or don’t do—that can result in claims.
  • How practitioners can help prevent claims.

Play the episode below:

This podcast is designed to provide illustrative information with respect to the subject matter covered, and does not represent an official opinion or position of the AICPA or AICPA.org.  It is provided with the understanding that the AICPA and AICPA.org are not engaged in offering legal, accounting or other professional service.  If such advice or expert assistance is required, the services of a competent, professional person should be sought.  The AICPA and AICPA.org make no representations, warranties or guarantees as to, and assume no responsibility for, the content or application of the material contained herein, and especially disclaim all liability for any damages arising out of the use of, reference to, or reliance on such material.

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