Bad billing practices can affect malpractice risk
Billing and collection practices may not be perceived as a professional liability risk issue, but proactively managing this risk is important to more than just a firm’s financial health. Learn why.
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Billing and collection practices may not be perceived as a professional liability risk issue, but proactively managing this risk is important to more than just a firm’s financial health. Learn why.
A firm leader and one of the firm’s income partners go into detail on how the firm’s approach to partner compensation has created a more unified work environment.
Learn about common employment practices liability insurance claims against CPA firms and how to help avoid them.
Keep a close eye on your internal controls and reduce the risk of regulatory action against your firm.
Federal Trade Commission guidelines intended to help protect financial institution customer information may apply to CPAs.
When clients divorce, CPAs should take steps to avoid getting caught up in their dispute.
A dually signed engagement letter is always the best way to document agreed-upon services, especially if a disagreement arises.
John Sapp is the chief revenue officer at Drake Software, one of the largest professional tax software companies in the nation. As a certified public accountant since 1987, he has considerable experience in public and private accounting for the technology industry.
When a CPA firm engages a third party to help a client with an issue that requires special expertise, the firm may still be held liable for deficiencies in the third-party expert’s work. Professional standards outline steps a firm can take to mitigate this risk.
The co-author of the JofA’s Professional Liability Spotlight column discusses common strategies used by cybercriminals and how they can be mitigated.
These tips can help diminish the likelihood and impact of a cyberattack.
A look at claims against CPA firms in 2021 reveals some changes from prior years and points to future trends in this area.
CPAs assess how their return preparation products performed.
Kovel agreements, where an attorney, rather than the client, engages a CPA, may provide the client greater protection by extending attorney-client and attorney work product privileges to the CPA.
Claim experience of the AICPA Professional Liability Insurance Program has demonstrated that rogue behavior, especially at the partner level, can lead to professional liability claims.
The rise of remote work is an opportunity to evaluate where work gets done.
Three CPAs discuss the importance of planning to have a debrief after an intense period of work, whether tax season or a busy sales cycle, in this podcast with transcript.
Sanctions in response to the war in Ukraine include a ban on accounting and management consulting services, according to government statements issued Monday.
Even small decisions or quick conversations may have significant, and expensive, consequences.
An ENGAGE speaker shares six core principles for business and why the abbreviation FP&A means multiple things to him in this podcast episode with transcript.
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