This program will be a “walk-thru” of an accounting malpractice lawsuit, from engagement, to demand letter, to insurance issues, to what happens in and out of court during the process. The program will attempt to provide retrospective advice; i.e. “How can we avoid or minimize the risks of adverse outcomes by better managing our accounting practice?”

Presenter, Gary Barnes, represents accounting firms and their insurers in the defense of malpractice claims and in providing risk management advice.

View the course syllabus.

Who Should Attend

• Accountants who wish to better understand the legal and related consequences of malpractice litigation
• Managers of accounting firms concerned with risk management issues
• Accountants interested in learning how to minimize adverse consequences of malpractice litigation

What You Learn

• The importance of engagement letters is protecting an accounting practice
• How to avoid publicity of a malpractice claim
• What happens during a lawsuit, and why it takes so long
• Why the lawsuit process disfavors the accountant
• How to level the playing field

Benefits of Attending

• Each attendee will learn 5 measures that can be implemented immediately to reduce exposure to litigation
• Attendees will better understand the demands of malpractice litigation

Program Level: Basic

Prerequisite: None

Advanced Preparation: None