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Managing Your Firm During an Economic Crisis



The economic crisis is very real for both CPA firms and their clients. The unfortunate reality is that it is widespread, affecting a broad range of businesses. Now more than ever, it’s important to be well-informed on current practice management approaches to malpractice risks. Below is a list of risk control articles to help ensure that you and your professional staff have some useful tools to deal with day-to-day client service challenges.

 

·    An Art of Estimation or a Prophecy of the Future: Business Valuation & Risk Control Considerations

·    An Auditor's Dilemma: To Consent or Not?

·    Client and Engagement Acceptance - Only a Public Company Audit Service Concern?

·    Client Termination Letters

·    Managing Liability Risks: Client Acceptance and Retention in Public Audit

·    Minimizing Team Liability in the Referral Network

·    Professional Liability Claims and Fee Suits

·    Professional Liability Issues in Practice Mergers and Dissolutions

·    Reducing Service Levels May Not Reduce Risk

·    Riding Out the Recession: Don't Get Caught in the Crossfire

·    Risks of Professional Referrals

·    The Subprime Loan Crisis: Auditors Beware

·    This Might Be Fraud.... What Do I Do Now?

·    When a Lawyer Calls About Your Client

 

The current economic environment presents many challenges, one of which is its uncertainty.  In the face of that uncertainty, the consistency and stability of the AICPA Professional Liability Insurance Program are more important than ever. 

 

For more information, please call (800) 221-3023 or visit www.cpai.com.

 

Aon Insurance Services is a division of Affinity Insurance Services, Inc.; in CA, MN and OK, (CA License #0795465) Aon Insurance Services is a division of AIS Affinity Insurance Agency, Inc.; and in NY, AIS Affinity Insurance Agency.            

 

One or more of the CNA companies provide the products and/or services described. The information is intended to present a general overview for illustrative purposes only. It is not intended to constitute a binding contract. Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. All products and services may not be available in all states and may be subject to change without notice. CNA is a registered trade mark of CNA Financial Corporation. Copyright © 2009 CNA. All rights reserved.






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