• Hackers have begun to go after smaller firms as "soft targets."
  • The 3 Biggest Reasons Accountants Need Cyber Coverage and Professional Liability Insurance

    Cybersecurity has become an increasingly important topic in public consciousness. In the past years, hackers have stolen vast amounts of consumers’ financial information and targeted national political parties. CPAs, like any group of professionals who handle confidential information, need to take steps to secure their clients’ data.

    If something goes wrong, accountants need to be insured for expenses and damages from the data breach. Here are some of the reasons why.

  • Typical insurers cut down points of contact with policyholders in an attempt to reduce claims and their staffing needs.
  • Five Things to Look For in a CPA Insurance Provider

    Accountants face unique challenges when it comes to CPA liability insurance, and finding the right provider can be difficult. However, a knowledgeable and experienced industry veteran can help you decide on the right company to trust with your insurance and risk management program. Below are five major factors that CPAs should consider.

    Make sure your broker and insurer know the business.

    Reasonable Accommodations for Employees

    During the Great Recession, the total number of discrimination charges filed with the U.S. Equal Employment Opportunity Commission (EEOC) by individuals soared from about 75,000 in 2006 to almost 100,000 in 2010, and then leveled in 2014 and 2015 to just under 90,000.

    The increase in charges can be attributed to a number of factors, but two that stand out are:
    • employees have become more willing to file charges against employers, and

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