Misalignment of expectations between a client and a CPA firm for a client accounting services engagement can lead to professional liability for the firm. Being selective in client selection and clearly defining the scope of the engagement can reduce risk.
Minding the expectation gap in a client accounting services engagement
Sign up for CPA Letter Daily
The latest CPA news
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.