Report Potential Claims and Concerns as Early as Possible

Contact your professional liability and employment practices liability insurance carrier or agent as soon as an issue comes up. Adverse consequences often come from CPAs taking action before consulting their risk advisers. Better safe than sorry.
Accountant Potential Claims


Here are some reasons why CPAs should always contact their insurance carrier or agent for expert guidance:

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    • 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