News

Malpractice Risks Increase During Difficult Economic Times

In CAMICO's 35 years of experience, economic conditions have had a significant impact on CPA professional liability claims. In light of the current economic challenges, now more than ever, CPAs will need to be prepared and vigilant to minimize the potential of additional liability exposure... read more

Creditworthiness Verifications and PPP Loans

CPA firms receiving requests from lenders for creditworthiness verifications for clients who had requested Paycheck Protection Program (PPP) loans were often unsure of how to respond. The advice CAMICO gave CPAs assisting their clients with PPP loan applications is valid for similar circum... read more

War Story 119

Subject: Business Management Services; Wire Transfer Fraud

Recognizing the Signs of Elder Abuse

By Randy R. Werner, J.D., LL.M./Tax, CPA

The elderly population in the U.S. (those 65 and older) is projected to grow to 80 million by the year 2050, and the incidence of elder abuse, including the hard-to-detect financial and material exploitation perpetrated against ... read more