account for approximately 8-12% of all claims reported to the AICPA Professional Liability Insurance Program, the claims for audit errors in governmental and not-for-profit audits result in the highest defense and settlement costs paid by CPA firms. Why do you think that is possible? What can you find in support of or in opposition to this claim? What could be done to improve this situation?
Hi there! Click one of our representatives below and we will get back to you as soon as possible.