Why CPAs face extra threat than ever earlier than

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Why CPAs face more risk than ever before

The accountant’s position has morphed into one thing extra complicated and legal responsibility susceptible. With corporations providing providers like funding consulting, offshore outsourcing, and even insurance coverage gross sales, they’ve entered regulatory minefields – with out essentially updating their threat protections. Tax-related claims now account for over half of the legal responsibility instances at McGowan Program Directors, and publicity is simply rising.