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You’ve completed your year-end work. Your client appears happy and the surety appears happy (since they renewed with your client that bond credit they were hoping for). But, what’s this? Your client just filed for bankruptcy three months after the release of the statements with your unqualified opinion or clean review report, and you didn’t include a going concern disclosure! Now what? If the surety is one of this session speaker’s clients, you may find yourself at the wrong end of a negligence (or worse) lawsuit. We will look at:
What the surety has to prove to obtain a judgment against the CPA involving both audits and reviews
Why people in industry have to fear someone like Bill Eskin
The top 10 areas in which the speaker has been able to prove CPA negligence
How you can prevent a judgment against you and your firm