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Impact #103 – SSARS No. 21 Webcasts

As you may know, SSARS No. 21 is effective for engagements on financial statements for periods ending on or after December 15, 2015, but early implementation is permitted. CAMICO offers its policyholders SSARS No. 21-compliant engagement letters that are available on the Members-Only Site under the Engagement Letter Resource Center. In addition, CAMICO has made … Read more

Impact #103 – CAMICO Policyholder Social Media Survey

Be Among the 25 Respondents to Receive a $10 e-Gift Card https://www.surveymonkey.com/s/HQCXW2G More CPAs are adopting social media as a useful and easy way to stay connected with their profession. Social networking sites such as Twitter, Facebook, LinkedIn and YouTube are growing in popularity among CPAs as a way to keep up to date with … Read more

CAMICO War Story: Tax return preparation and non-filing of FBAR form. January 2015 – Tip of the Month

“War Stories,” drawn from CAMICO claims files, illustrate some of the dangers and pitfalls in the accounting profession. All names have been changed. Situation When James Clay, CPA, put together his clients’ tax organizers and questionnaires, he included the question regarding whether the client had “a financial interest in, or signature or other authority over, … Read more

5 Reasons to Disengage From a Tax Client

Client screening is excellent risk management as well as practice management. It’s the first step in an effective loss prevention program, and it can be used to identify less desirable clients that may be keeping your firm from developing the clients you want. Re-evaluate your relationships with clients on a regular basis—at least annually. The … Read more

Billing, Collecting and Client Screening

The Loss Prevention Specialists at CAMICO consult with policyholders on a variety of topics, providing practice and risk management advice. In his video, Duncan B. Will, Loss Prevention Manager, shares an example of how CAMICO helps CPAs via our Advice Hotlines. One of the topics he mentions is fee collections – CAMICO frequently receives calls … Read more

Kenneth Wigboldy Joins CAMICO as Vice President of Claims

SAN MATEO, CA – CAMICO, the nation’s largest CPA-directed program of insurance and risk management for the accounting profession, has appointed Kenneth Wigboldy, CPCU, as Vice President of Claims. Wigboldy is responsible for CAMICO claims operations and has more than 30 years of insurance industry experience in various claims positions, most recently with The Hartford … Read more

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