The Impact of COVID-19 on a CPA Firm’s Professional Liability Risk

COVID-19 has forced a re-thinking of the way nearly every facet of life operates. This is no different for the services delivered by CPAs. Audit work is now being conducted remotely. Many CPAs have been asked to assist their clients with consulting projects unheard of before the CARES Act, such as helping with loan applications, advising on changes to required minimum distributions and more. Trying to get in touch with the Internal Revenue Service? Good luck!

An attorney skilled at defending CPAs in professional liability claims will join the CPAs from CNA's risk management team in sharing practical tips to enhance service delivery for both current and future engagements while helping to mitigate the risk of a future claim.