AccountingCred
A wise person once said, “99% of mistakes happen between the chair and the desk.” None of us are infallible, but we can still get closer to that ideal. Accounting, tax, and bookkeeping professionals get sued. This webinar by John Torvi from Landy Insurance on November 14, 2018 at 2:00 p.m. ET, will look at some of the most common reasons why and how they might be avoided. It will also assess the important features of a professional insurance program (professional liability, crime bonds, cybercrime insurance, general liability) to review what is important for your business, so your hard-spent insurance dollars are used most effectively.
Major Topics:
- Explore the important pieces of a professional insurance program
- Determine the best plan features for one’s particular business
- Review the most common malpractice claims against accounting professionals
- Review what happens if a lawsuit is filed
- Review risk management tips to reduce the likelihood of a malpractice claim
Learning Objectives:
- Understand important components of a professional insurance policies for accounting professionals
- Recognize common errors accounting, bookkeeping & tax professionals make resulting in insurance claims
- Pinpoint ways to reduce the likelihood of a malpractice claim
This webinar is designed for accounting, bookkeeping, and tax professionals. It requires knowledge of basic insurance concepts but it does not require advanced preparation. This is a basic level CPE, awarding 1 credit for those who complete the course.
Field of Study: Business Management and Organization