Day: November 13, 2019

By Ron Klein, J.D. CAMICO’s 33 years of CPA claims experience provides a wealth of information and lessons learned about the dangers facing CPAs. The following “classic” claims scenario has recurred many times over the years, yet CPAs often can’t believe that it is happening to them. The services rendered were “low level” enough (e.g., … Read more

Under the new “Hosting Services” ethics interpretation in the AICPA’s Code of Professional Conduct (ET §1.295.143), effective July 1, 2019, CPA independence is impaired by taking responsibility for hosting a client’s data or records. As such, if the only way that the client can access its complete records is through the CPA firm, the CPA … Read more