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16 Apr

Coronavirus (COVID-19) — Risk Management Guidance

CAMICO continues to monitor the information and guidance on COVID-19 relief measures being put into place by regulatory and legislative bodies to combat the detrimental impacts of this pandemic on people, as well as on the economy.

By Loss Prevention... 0 Comments Read more...

14 Apr

Test Your Cyber IQ

Cyber-security has been a major risk concern for CPA firms of all sizes across the country. Trusted advisers such as CPAs should therefore be well-informed about preventive measures in order to assist their firms and clients with the pre-breach environment, and to reduce the losses associated with the post-breach environment.

By Loss Prevention... Firm Advice, Tips 0 Comments Read more...

03 Apr

CPAs as Agents for Small Business Administration Paycheck Protection Program (PPP) Loans

CAMICO has received numerous inquiries from policyholders regarding assisting clients with Paycheck Protection Program ("PPP") loans.

Guidance promulgated by the Small Business Administration ("SBA") earlier this week created some confusion regarding the accountant’s role and whether accountants are considered "agents" or "authorized representatives" when performing these services.

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Latest Articles

01 Jul

Coronavirus/COVID-19 Resources

Current and updated risk management guidance, tools and resources related to the coronavirus outbreak.
- Fraudulent Tax Return Filings, Other Cyber Threa... read more

01 Jul

Cyber eAlert: Fraudulent Tax Return Filings, Other Cyber Threats

Since April 2020, 13 CAMICO policyholders have reported data breaches that in aggregate resulted in the hackers filing over 300 fraudulent income tax returns through the CPAs' tax software.

... read more

22 Jun

The Paycheck Protection Program Flexibility Act of 2020

The Paycheck Protection Program Flexibility Act of 2020 ("Flexibility Act") was signed into law by President Trump on June 5, 2020. The new act eases rules and provides much needed flexibility to small businesses on how they can spend their PPP funds and still qualify for forgiveness of th... read more

26 May

Advise and Warn Clients of Embezzlement Risks

By Ron Klein, J.D.

The classic small-business embezzlement scenario has occurred so many times over the years that CAMICO Loss Prevention specialists have it memorized:

The client is a small business owner who is too busy running the business to supervise ... read more

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Coronavirus (COVID-19) — Risk Management Guidance

Test Your Cyber IQ

CPAs as Agents for Small Business Administration Paycheck Protection Program (PPP) Loans

Pages

Latest Articles

Coronavirus/COVID-19 Resources

Cyber eAlert: Fraudulent Tax Return Filings, Other Cyber Threats

The Paycheck Protection Program Flexibility Act of 2020

Advise and Warn Clients of Embezzlement Risks

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