- Do I possess the requisite professional competence?
- Do I have the necessary experience/qualifications?
- Will my assistance impair my independence and preclude me serving my client’s attest needs?
- Am I conflicted out?
Before taking any steps to help a client that may have suffered a fraud or misappropriation of assets, ask yourself the following questions:
Mediation for all disputesClaims 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.
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.