A Risk Management Publication for Accounts June 2020

Responding to COVID-19

In emergency situations such as COVID-19, accounting professionals face many challenges. Among those challenges are keeping staff safe and meeting professional and contractual obligations.

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Risk Management Tip

Benefits of An Engagement Letter When Defending A Professional Accounting Malpractice Claim

When you take on a new client or continue to represent an existing one, you are entering or continuing a committed relationship. Like any relationship, you must put in the effort to make it work.

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Tips from the Bar

In this month’s Tips from the Bar, Dominic A. Paluzzi, Esq., and Nicholas W.Schmidt, Esq., McDonald Hopkins PLC discuss A Different Kettle of Phish: Protecting Against Email Impersonation and Spoofing During COVID-19

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Claims Study

Fraudulent Email Scams

It is important to pay attention to unusual requests and verify information with your clients as well as establish routine procedures and share them with your employees and your clients.

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News from the Profession

South Dakota vs. Wayfair – Economic Nexus and the Impact on Small Businesses

More companies are conducting business in states in which they do not have a physical presence. Thus, states are increasingly burdened by declining sales tax revenue, particularly those that do not collect income tax.

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Ask Adele

In this month’s feature, Adele responds to the question: What exposure do I face from a potential data breach, and how can I protect myself?

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Risk Management Highlight

Fee Collection or Suit

Learn how to prevent but also manage.

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