Welcome to the Accountants Risk Management Resource Center
The Accountants Risk Management Resource Center, jointly provided by Wilson Elser and Philadelphia Insurance Companies, is designed to help you better understand and manage the risks in your accounting practice. Familiar with the substance and subtleties of risks faced by accountants and accounting firms, Wilson Elser and Philadelphia Insurance Companies are committed to delivering quality and timely best practices advice and risk management guidance specific to the accounting profession.
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The Resource Center is geared to your needs. Each time you visit, you can:
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Read insightful articles addressing current issues important to managing risks within an accounting practice regarding client issues and internal firm management
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Download documents from a growing library of forms that serve as templates for engagement letters and other communications
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Review our catalog of seminars and continuing education programs that address best practices, risk management and professional ethics
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Use the convenient link to “contact us” with questions relating to risk management, litigation avoidance or best practices.
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We hope you make this resource a frequent destination.
We’re here to help.
How the Engagement Letter Can Be an Accountant's Best Defense
October 9, 2024
Author: Kevin Shaftan
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View Kevin Shaftan’s (Associate-New York, NY) video as he discusses the Corporate Transparency Act and the Beneficial Ownership Information (BOI) reporting deadlines and how accountants can use the engagement letter to defend against professional liability claims.