Blog | Page 30 | CAMICO®

05 Nov

New ‘Hosting Services’ Interpretation – Is Your Independence Impaired

The new "Hosting Services" ethics interpretation in the AICPA's Code of Professional Conduct (ET §1.295.143) became effective July 1, 2019. Under this interpretation, CPA independence is impaired by taking responsibility for hosting a client's data or records, but "hosting services" are broader than most CPAs originally thought.

What are hosting services?

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05 Nov

Cyber Claims Dominated by Hacker Attacks; Ransomware Still a Problem

CAMICO's reported cyber-related claims show hacker attacks on CPA firm email systems were the most frequent cause of losses for firms for the 14-month period from July 2018 through August 2019. These claims accounted for almost two-thirds of cyber-related claims.

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05 Nov

Test Your Cyber IQ

This interactive educational quiz poses 14 questions on various data security issues of concern to CPAs. Find out how well prepared you are. Click the image below or the following link to get started. Test Your Cyber IQ

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Latest Articles

18 Jan

Industry News: Do you know when taxpayers are likely to receive their 2021 income tax refunds?

When Will You Get Your 2021 Income Tax Refund?

This chart shows an estimated date for when you may receive your refund: The Covid stimulus payments you... read more
08 Jan

Taxpayer Filing Requirements for Foreign Accounts

If your client has a financial interest in, or signature authority over, any foreign accounts, certain filing requirements with the U.S. Department of the Treasury, in addition to the Internal Revenue Service (IRS) may apply. Filing requirements may also apply to taxpayers that have direct... read more
08 Jan

CAMICO eAlert: Consolidated Appropriations Act of 2021

January 7, 2021
Overview
The Consolidated Appropriations Act of 2021 (referred to as the "COVID-19 Relief Bill" or "Act") signed into law by the president on December 27, 2020, is the latest round of stimulus legislation. With more than 5,000 pages, the Act m... read more
07 Jan

Industry News: What are the six pitfalls to avoid when adding financial planning to your firm’s offerings?

Avoid These Pitfalls When Adding Financial Planning Services to Your Firm’s Offerings

There are several structures for adding financial planning services to your firm’s current services. For example, you can handle everything in-house or partner with a financial pl... read more

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New ‘Hosting Services’ Interpretation – Is Your Independence Impaired

What are hosting services?

Cyber Claims Dominated by Hacker Attacks; Ransomware Still a Problem

Test Your Cyber IQ

Pages

Latest Articles

Industry News: Do you know when taxpayers are likely to receive their 2021 income tax refunds?

When Will You Get Your 2021 Income Tax Refund?

Taxpayer Filing Requirements for Foreign Accounts

CAMICO eAlert: Consolidated Appropriations Act of 2021

Overview

Industry News: What are the six pitfalls to avoid when adding financial planning to your firm’s offerings?

Avoid These Pitfalls When Adding Financial Planning Services to Your Firm’s Offerings

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