First-party damages: refers to losses directly suffered by the policyholder (or insured) firm in response to a firm’s data breach or other covered cyber
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Third-party damages: refers to damages alleged by clients or other third parties that the negligence of the CPA firm contributed in whole or in
By Duncan B. Will, CPA/ABV/CFF, CFE The AICPA’s Statements on Quality Management Standards’ (“SQMS”) December 15, 2025, effective date is fast approaching, and few
With more than 60% of CAMICO’s claims originating from tax-related matters, addressing and managing the risk stress points associated with problematic tax clients can
In today’s digital landscape, it is no surprise that there appears to be a new cybersecurity story in the news every week, from attacks
The role of CPA firms who perform “outsourced accounting services” for their clients has greatly expanded over the years into what many today refer
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How Working Conditions and Attitudes Have Changed Due to the Pandemic Women feel the strain – and pay gaps hold: One of the defining
Report Shows Small Businesses on Road to Recovery U.S. small businesses are on the road to recovery from the financial losses experienced during the
The pandemic pushed us forward. Let’s keep evolving Continue the changes you’ve made into 2021 and beyond. A close friend of mine had a
