When to Use Mediation and Arbitration

Alternative dispute resolution (ADR) can be an effective way to reduce the time, expense and stress of resolving professional liability disputes when used thoughtfully and in suitable circumstances. Mediation and arbitration are forms of ADR that can significantly reduce the cost and the emotional roller-coaster ride of disputes when used appropriately.

How to respond to subpoenas

CPA firms are often uncertain about whether or how to respond to a subpoena, as they also need to comply with a number of rules and regulations that are intended to protect client confidentiality. The following Q&A focuses on understanding the nature of subpoenas and how CPA firms can minimize their professional liability exposures when responding to them.

What is a subpoena?

Pages

Latest Articles

  • 03 Dec

    Client Assessment Checklist

    CPA firms should evaluate all potential new clients and re-evaluate all current clients on a regular basis, at least annually. This enables the firm to better monitor clients, consider any changes that might affect the professional relationship, and avoid situations that could escalate int... read more

  • 08 Oct

    Disengaging to benefit your firm and the client

    The subject of disengaging is typically thought of as (at best) unpleasant, but disengaging can be a practice management tool that increases firm profitability and creates a better situation for both the CPA and the client.

    ... read more