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Podcast: Journal of Accountancy Podcast
Episode: Liability lessons on documentation, high-profile clients, CAS engagement letters
Description: Sarah Ference, CPA, a risk control director at CNA, joins the Journal of Accountancy podcast to discuss recent topics of the JofA's Professional Liability Spotlight column. The conversation covers lessons learned from claims involving bankrupt clients, the importance of strong and consistent documentation, and the particular risks associated with serving high-net-worth or high-profile clients. The episode also highlights the April column on writing effective engagement letters for client advisory services. The articles discussed in the episode: January: "Don't Let a Bankrupt Client Bankrupt You." February: "Tell a Story With Your Documentation." March: "Lu...