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CAMICO Tip of the Month: Preparing for the next recession

  • August 28, 2019

With experts predicting that the next recession will begin in 2020 or 2021, CPA firms would be wise to prepare for an economic downturn. A key risk management technique is to provide good client service and communications that help clients better understand and reduce their exposures to fraud. Continue Reading

CAMICO Tip of the Month: Indemnification - understand your risks

  • December 3, 2018

CPA firms are experiencing an uptick with clients trying to embed indemnification and/or hold harmless clauses in various agreements with the firms. Many of the clauses are inappropriate for CPA services or are overly broad, even to the point of shifting all liability to the CPA firms. Here are some considerations before agreeing to any such clauses. Continue Reading