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Subject: Lack of client transparency Services: Audit Auditor Joe Lister was invited to audit the 2018 financial statements of the Summit’s (a condominium association’s) financial statements. Acceptance of the proposal was contingent upon satisfactory discussions with the predecessor auditor 1 . The Summit accepted the proposal. The dialogue with the predecessor auditor was open, transparent … Read more

Webcasts and self-study courses are available at no cost to all members of CAMICO policyholder firms. These CPE opportunities span a wide variety of topics, all focused on preventing or minimizing risk in a CPA practice. CAMICO’s Loss Prevention experts share valuable strategies of time-proven techniques that have saved CPAs from countless disputes and lawsuits. … Read more

California employers with five or more employees received a reprieve in complying with the new Harassment Training Law. The original bill, SB 1343, required that training be done by January 1, 2020, but under SB 778, signed in September 2019 by Governor Newsom, California employers have until January 1, 2021, to train employees on sexual … Read more

An effective way to avoid having a collection problem in the first place is to communicate with the client regarding your billing and collection policies, and to include stop-work or disengagement provisions, or both, in your engagement letter. Such provisions can then be enforced if the client doesn’t pay you in accordance with the engagement … Read more