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29 Oct

CAMICO and CPA Mutual Reach Agreement

CAMICO and CPA Mutual Conclude Agreement to Transfer Accountants Professional Liability Insurance Program to CAMICO


CAMICO, the nation's largest CPA-owned and directed program of insurance and risk management for the accounting profession, has reached an agreement with CPA Mutual to transfer CPA Mutual's Accountants Professional Liability Insurance program to CAMICO, effective Jan. 1, 2021, as policies renew.

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02 Oct

Navigating Complex Conflicts of Interest

While potential "conflict of interest" issues often arise because of married clients getting a divorce, other types of "splits" that may involve a dispute among shareholders, LLC members, partners and beneficiaries also present potential conflict-of-interest situations. The latter scenario many times is more complex than a divorce because it involves more people, some of whom the firm may represent individually while also representing the entity. CPAs must ensure that they comply with the AICPA's Code of Professional Conduct ("Code") for addressing Conflicts of Interest [ET 1.110.010].
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  • 29 Oct

    CAMICO and CPA Mutual Reach Agreement

    CAMICO and CPA Mutual Conclude Agreement to Transfer Accountants Professional Liability Insurance Program to CAMICO


    CAMICO, the nation's largest CPA-owned and directed program of insurance and risk management for the accounting profession, has reached an agreement with CPA... read more

  • 02 Oct

    Navigating Complex Conflicts of Interest

    While potential "conflict of interest" issues often arise because of married clients getting a divorce, other types of "splits" that may involve a dispute among shareholders, LLC members, partners and beneficiaries also present potential conflict-of-interest situations. The latter scenario... read more

  • 19 Aug

    Do You Believe You Will Never Be Sued?

    Some CPAs believe that they will never be sued and therefore believe they do not need professional liability or other forms of insurance. The reasons for this position vary, but some common ones include, "I don't make mistakes," "All of my clients are friends," or "I do tax work only." The... read more