Blog

Cyber Claims Trends That Accountants Should Know

Cyber claims trends have increased over the past year. CAMICO Mutual Insurance provides critical cyber coverage to accountants for cyber risks through an arrangement with NAS Insurance and explains the update on current cyber claims trends below.

Protect Your Clients and Your Firm from Hackers

With cyber-attacks and data breach incidents growing in frequency, it is critical to ensure that your firm has taken all reasonable measures to protect your clients and the firm from hackers.

Consider the following questions. If your answer to any of them is "no," your ... read more

Engagement Letter Do’s and Don’ts

Engagement letters help improve communication with clients, document engagements, and protect you from litigation. By clearly defining an engagement’s scope and services, you can better avoid misunderstandings.

What you should do:

• State the purpose of the eng... read more

Definitions of terms relevant to attestation engagements

Assertion. Any declaration or set of declarations about whether the subject matter is in accordance with (or based on) the criteria.

Criteria. The benchmarks used to measure or evaluate the subject matter.

Engaging party. The party(ies) that eng... read more