Early Reporting Archives

Loss Prevention Best Practices for Tax Season

March 30, 2023March 13, 2023 by ssAdmin

CAMICO has been developing solutions for CPA professional liability problems for more than 35 years, and tax season has always been a major part of that activity. The use of engagement letters for non-audit work, including tax engagements, was pioneered by CAMICO as an effective way to help document the CPA’s understanding with the client. … Read more

Report Potential Claims and Claims as Early as Possible

January 25, 2023December 22, 2022 by ssAdmin

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 report them as soon as there may be … Read more

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