30 Tips from 30 Years

Ever since its founding in 1986 by a group of CPAs who organized about 1,400 CPA firms into a mutual insurance company, CAMICO has been directed and managed by CPAs, providing professional liability, employment practices, and other solutions for CPA firms.

Over that 30-year period, CAMICO has grown to more than 8,200 CPA firms in 45 states and the District of Columbia. A major component of CAMICO’s success is the company distinguishing itself by providing CPA-centric services and products that CPAs can’t find anywhere else—also known as The CAMICO Experience.

  • (Some) ransomware is technically advanced and has no known fix, except for the victim to rely on current backup files and backup services.
  • Ransomware and Cyber Risk Management

    Ransomware and cyber extortion represent one of today’s more malicious types of hacker attacks. It sneaks into computer systems, encrypts files, and demands a ransom before decrypting the files. A major problem is that ransomware does not always decrypt files even after the ransom is paid. Being prepared and taking precautions against cyber risk exposures such as ransomware is therefore essential. Otherwise, you’re at the mercy of criminals who prey on unprepared and unsuspecting businesses and individuals.

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    Latest Articles

    • 05 Feb

      Five reasons why CPAs believe they will never be sued

      CPAs generally take every precaution feasible to ensure error-free work, but that may not be enough to ensure a firm's security. In our litigious society, it's wise to be prepared for that unexpected bump in the road. To help put this in perspective, here are five common reasons why CPAs d... read more

    • 11 Jan

      January Tip - Documentation Tips for Tax Season

      Jurors (who are members of the public) generally consider CPAs to be experts in documentation, and falling short of that expectation when faced with a liability lawsuit may be viewed by the public as negligent and below the standard of care for the services rendered.

      The fol... read more

    • 17 Dec

      War Story 113

      #113: Difficult Client; Tax Planning and Return Preparation Services — A client with high turnover and disorganization in its accounting and financial staff is not only frustrating, but also a liability exposure if documentation is not thorough.

      read more

    • 17 Dec

      General Data Protection Regulation

      General Data Protection Regulation ("GDPR") is a European mandate that went into effect on May 25, 2018. The regulation is designed to establish uniform data privacy law across the European Union, and applies to any EU established business, including U.S. companies and firms with offices i... read more