• CPAs often attempt to deliver services that stretch their knowledge and skills — sometimes to the breaking point.
  • 30 Tips from 30 Years

    CAMICO offers 30 risk management tips in celebration of its first 30 years.

    CAMICO has collected valuable insights and information from the experience of more than 8,000 CPA firms across the country and from our own jury experience, research and consultations with defense attorneys. Here are 30 valuable lessons we have learned from the past 30 years to help CPAs and their firms better manage professional liability risk exposures. To learn more about each of these tips, click the ‘Read More’ link at the end of this list.

    1. What is your job?

    War Stories No. 1 and No. 106

    Subject: Employee Embezzlement

    Services: Write-up and accounting

    Ever since 1989 IMPACT has brought its readers War Stories from the CAMICO claims files. The War Story tradition continues to this day and is one of the many distinguishing characteristics of CAMICO’s exemplary loss prevention services, designed to warn policyholders of the many pitfalls and risk exposures facing CPAs.

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    Latest Articles

    • 10 Jul

      Trustee Red Flags and Best Practices

      Many clients look to CPAs as the natural choice to fulfill the trustee role, manage the assets, and carry out client wishes. For CPAs good at managing and minimizing the unique risk attributes of a trustee role, trustee work can be satisfying and rewarding. On the other hand, if a CPA unde... read more

    • 13 Jun

      Report potential claims and claims as early as possible

      CPAs are often so busy that they don't recognize or acknowledge a potential claim as it is developing. This can be particularly devastating when the damages claimed are significant and are not covered because of late reporting. It's important to pay attention to potential issues and to rep... read more