When to Use Mediation and Arbitration

Mediation for all disputes

Claims experience has shown that mediation has a high success rate when used as a first step to resolve all disputes, regardless of the engagement. CAMICO therefore recommends mediation for all disputes and engagements, except when the anticipated cost of a mediator exceeds the fees owed.

AICPA Benevolent Fund

As a CPA, you are a member of a growing, vibrant professional community that has afforded you great opportunities. As you plan your future, you may be considering ways in which you can help safeguard your community during times of struggle.

CAMICO War Stories #111-A and #111-B

#111-A: Tax Return Preparation, Hacker Attack — When a hacker penetrated the CPA firm’s computer network, the firm’s cyber coverage responded with an investigation and comprehensive services.

#111-B: Business Management Services, Email Fraud — The client’s email and voicemail had been penetrated by a “man in the middle” who was able to prompt a transfer of client funds into the hacker’s own account.

Click here to begin the quiz

Pages

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