News
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6 ways to improve the peer review experience
August 13, 2024
A survey of seasoned peer reviewers identifies ways reviewers and the firms being reviewed can change for the better.
Risk management creates more soft landings
July 16, 2024
Negligence and litigation basics were introduced in Part I of this two-part series (see “Falling Hurts; So Does Litigation,” JofA, June 2024). In litigation, the plaintiff must prove everything.
Falling hurts; so does litigation
July 01, 2024
Recognizing the links between risk management and litigation can help CPAs understand why risk management advice speaks to behaviors present in professional liability claims against CPAs.
Help reduce risk with formal client onboarding
April 17, 2024
A systematic approach to onboarding new or existing clients can help your firm avoid many professional liability claims. It can also lead to better workflow, additional fees, and increased client satisfaction. An added bonus: Onboarding may uncover a problem client before services begin.
Risk management tips for the tax practitioner
September 27, 2023
Although most agree that the current tax season has signs of returning to normalcy after the pandemic-induced chaos of recent years, CPA firms continue to face unique challenges and risks they should not ignore.