How do you view professional liability risk management? An administrative burden? A draw on firm resources? What if you viewed risk management in a different light? Strong risk management practices can help establish a solid foundation for your firm and position it for growth and business success. Join the AICPA and CNA, the endorsed underwriter for the AICPA Professional Liability Insurance Program, for a panel discussion about professional liability exposures arising from the delivery of audit and attest services. This interactive webcast will provide you with risk management practices that, when implemented, can help mitigate the risk of an accounting professional liability claim and may also help improve business performance.
By the end of this webcast, you will be able to:• Understand how quality control practices are the foundations for professional liability risk management. • Learn ways to strengthen this foundation to improve performance; • Be aware of claim data by area of practice and understand implications for the firm. • Recognize risk exposures by area of practice and learn risk management strategies to improve service delivery and mitigate risk.