AICPA Insurance Programs

Don’t Be a Victim: Accountant’s Failure to Detect Theft and Fraud
Audit claims alleging failure to detect theft and fraud are not new. However, their frequency and severity are increasing dramatically. Between 2008 and 2010, the percentage of audit claims alleging failure to detect theft and fraud more than doubled, from 30 percent to nearly two-thirds of all audit claims. Learn More

Slips And Falls
Slips and falls cause thousands of accidents and serious injuries every year. A tragic number of cases end in permanent crippling or death! The dollar cost is tremendous. Learn More (PDF Download)

Bursting at the Seams: A Winter Checklist
On two different occasions, the Kreisman family of Columbia, Missouri experienced the expense and headaches of a burst pipe in winter. Both times, a spigot from the outside ruptured in the basement, flooding furniture and ruining carpet. “If we hadn’t been home, it would have been a total disaster,” Laura Kreisman says. Learn More

Accountants Risk Control Top Frequently Asked Questions
Click here to access answers to the top frequently asked questions covering topics such as sample engagement letters, client termination letters, record retention, conflicts of interest, suing for fees, policy coverage, subpoenas and more.

Third Party Verification Letters
Increasingly, CPAs are receiving requests from clients, lenders, loan brokers, health insurance providers, adoption agencies, regulators and various other agencies to confirm client information. In most cases, CPAs are asked to sign a confirmation letter containing specific language, a verification statement or a certification form. Learn More

Client Termination Letters
When it becomes necessary to terminate a client relationship, it is important to memorialize this action in a confirming letter to the client. While you may decide to inform the client of your resignation in a conversation, a letter provides written evidence of when the resignation occurred and instructions to the client regarding needed follow-up.  Learn More