Claims and potential claims happen to all types and sizes of accounting firms, with all types and sizes of clients. They happen whether or not you have a policy and whether or not you’ve made an error. You may have a reasonable amount of control over your work and your staff’s work, but you do not have control over your clients, their families or other third parties that may rely on or be affected by your work product.

May/June 2015

CPAFOCUS

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