Accountants Professional Liability Insurance Blog

Case Study: CPA Steers Customers Toward a Ponzi Scheme

Posted on 4/2/2018 by Pearl Insurance in accountants professional liability cpa

Double-check your references.

As you strive to generate referrals, you do your best to provide outstanding customer service. But you could open the door to liability if you step outside the bounds of the engagement letter.

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Don't Be Deloitte: Data Breach Lessons for Accountants

Posted on 1/9/2018 by Pearl Insurance in accountants professional liability accounting cybersecurity cyber liability

How to prevent hacks or handle the fallout.

In 2016, hackers stole client information from the email system of Deloitte, a "big four" accountancy and consulting firm. No one noticed the breach for a year. Though the timeline remains murky, details of the hack trickled out to the public in September 2017.

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Our Top 4 Accountants Blogs of 2017

Posted on 12/15/2017 by Pearl Insurance in accountants professional liability accounting 2017

Put the New Year on pause.

Have you stocked up on party hats, confetti, and champagne for your New Year's celebration? Before you ring in 2018, take a look back at how the accounting world changed in 2017.

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Outsmarting the Identity Thief

Posted on 11/14/2017 by Pearl Insurance in accountants professional liability accounting cybersecurity identity theft

Keep your data on lockdown.

By Wilhelm Dingler, Esquire

According to the Identity Theft Resource Center, there was a 40% increase in data breaches from 2015 to 2016. In total, $16 billion was stolen from 15.4 million United States consumers, as reported by Javelin Strategy & Research. Furthermore, in a Deloitte Touche Tohmatsu study, three of four companies surveyed reported a data security breach from outside the company.

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Comfort Letters – What to Do?

Posted on 7/5/2017 by Pearl Insurance in accountants professional liability cpa comfort letters

How should you respond?

By Wilhelm Dingler, Esquire

Requests for comfort letters from loan underwriters and other parties have generated significant buzz in the accounting community. The topic has garnered considerable attention on NSA Tax Talk and local AICPA's tax list serves, as well as a host of others.

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5 Blogs to Bolster Your Accounting Career

Posted on 6/5/2017 by Pearl Insurance in accountants professional liability accounting cpa blogs

Read to succeed.

What do marijuana, busy season, Uber, and auditing all have in common? Well, not a whole lot, unless you really stretch your imagination. However, we're turning to five excellent accounting blogs to cover these timely topics.

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3 Volunteering Opportunities for Accounting Wizards

Posted on 5/4/2017 by Pearl Insurance in accountants professional liability cpa volunteering

Make a difference.

How can your skills as a CPA transfer into the world of volunteering? Check out our infographic and see how your accounting skills can benefit volunteer organizations around the world.

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Bean Bags Won't Impress Millennial Accountants

Posted on 3/30/2017 by Pearl Insurance in accountants professional liability millennial accounting

Upgrade your tech and transparency.

If you picture all millennials as trend-hopping youngsters dressed in funny hats and crazy glasses, you should adjust your mental image. Many members of this generation are old enough to remember life before the Internet.

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5 Steps to Fight Stress During Tax Season

Posted on 3/6/2017 by Pearl Insurance in accountants professional liability insurance accounting taxes tax season

Stay on your A-game.

The barbaric invaders stomp across your brain. They carry torches and pitchforks, and they have strange names like Child Credit, Reinvested Dividends, and Charitable Contributions. You snap awake from the nightmare.

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Avoid Tax-Related Claims with Continued Education

Posted on 1/31/2017 by Pearl Insurance in accountants professional liability insurance education

A real-life claim situation.

Countless accountants pursue comprehensive continued education to prevent harmful claims. If you stay current with ever-changing tax laws, you create an extra layer of protection for your career and your firm.

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