The AICPA’s Professional Ethics Executive Committee has revised existing ethics definitions and existing and adopted new interpretations. The new and revised interpretations and guidance include new definitions for "Attest client" (ET sec. 0.400.03) and "Client" (ET sec. 0.400.07) which could be an issue for accountants unaware of the change.
CAMICO – CPA Professional Liability Insurance provider for over 30 years – has developed a wealth of information about what causes disputes between CPAs and their clients. Here are five pitfalls that are especially prone to litigation (CPA Malpractice).
September 2017 marked the three-year anniversary of the program forged by CAMICO and Berkley Alliance Managers, a Berkley company. The CAMICO-BAM program serves CPA firms seeking larger professional liability insurance policy limits, as well as firms requiring an A+ rating, as W. R. Berkley Corporation’s insurance company subsidiaries are rated "A+ (Superior)" by A.M. Best Company.