AICPA Insurance Trust and AICPA Group Insurance Trust Annual Refund
By exceeding $138 million, the 2012 AICPA Insurance Trust and AICPA Group Insurance Trust Refund is one of the largest refunds to be paid in the 65-year history. The 2012 Refund checks will be distributed to eligible Plan subscribers mid-February.
This Might Be Fraud ... What Do We Do Now?
Failure to identify fraud during the course of an engagement is a major cause of malpractice allegations against CPAs. Notwithstanding the scope of an engagement (audit, review, compilation, bookkeeping, or tax return preparation services), clients often hold CPAs responsible for failing to discover a financial fraud, or the loss of money or other assets to theft or defalcation perpetrated by an officer or employee. Learn More
Winter's Last Blast
You may be dreaming of spring, but don’t forget the cold, hard facts: Old Man Winter still has plenty of time to deliver a deadly blizzard or ice storm. Follow these tips if you lose power in your home or are stranded in your car. 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.
Continuity of Operations Planning
How quickly a company can get back into business after an emergency, such as a terorist attack, tornado, fire, or flood, often depends on pre-emergency planning. Download the Continuity of Operations Planning PDF
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
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