CAMICO’s founding in the midst of a professional liability crisis in the mid-1980s came out of an innovative, problem-solving approach taken to address several difficulties then facing CPAs.
Following professional standards alone may not be enough to avoid a claim.
A proactive attitude that treats disengaging as a practice management tool means, in part, putting into place a system that allows you to re-evaluate your client base on a regular basis, be it annually or semi-annually. Incorporating such a plan into your business practice enables you to monitor your client base and note any changes that could have an impact on your professional relationship.
The following checklist of warning signs is intended to help you identify clients who are candidates for disengagement: