{"id":47187,"date":"2016-01-28t05:54:10","date_gmt":"2016-01-28t10:54:10","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=47187"},"modified":"2018-08-29t16:22:45","modified_gmt":"2018-08-29t20:22:45","slug":"keep-it-simple-five-smart-strategies-to-avoid-a-lawsuit","status":"publish","type":"post","link":"\/\/www.g005e.com\/2016\/01\/28\/keep-it-simple-five-smart-strategies-to-avoid-a-lawsuit\/","title":{"rendered":"5 no-brainer ways to avoid malpractice lawsuits"},"content":{"rendered":"<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-47191 alignright\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/01\/man-carrying-elephant-dollarphotoclub_92278243-424x283.jpg\" alt=\"businessman lifting big elephant on dry ground - leadership concept\" width=\"208\" height=\"139\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/01\/man-carrying-elephant-dollarphotoclub_92278243-424x283.jpg 424w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/01\/man-carrying-elephant-dollarphotoclub_92278243.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/01\/man-carrying-elephant-dollarphotoclub_92278243.jpg 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/01\/man-carrying-elephant-dollarphotoclub_92278243-849x567.jpg 849w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/01\/man-carrying-elephant-dollarphotoclub_92278243.jpg 1600w\" sizes=\"(max-width: 208px) 100vw, 208px\" \/>basic risk management strategies too often overlooked.<\/strong><\/p>\n<p><em>by sarah beckett ference, cpa<br \/>\n<a href=\"https:\/\/www.cna.com\">cna financial corp.<\/a><br \/>\n<\/em><\/p>\n<p>when money is lost, whether from embezzlement, a poor investment, or just a bad business decision, a cpa firm\u2019s clients and third parties can be quick to assign blame to someone else. often, that &#8220;someone else&#8221; is their cpa.<\/p>\n<p>anybody can sue a cpa firm&#8230; for anything\u2026 at any time. all it takes is some paperwork and minimal court filing fees. courts may even permit plaintiffs to fix insufficient allegations and re-plead their case. and, unfortunately, a cpa can do nothing about it. while the actions of clients and third parties can\u2019t be controlled, there are some fundamental activities and behaviors cpas can employ to help reduce the potential of a professional liability claim or, should a claim be made, improve its defensibility.<\/p>\n<p> <a href=\"\/\/www.g005e.com\/2016\/01\/28\/keep-it-simple-five-smart-strategies-to-avoid-a-lawsuit\/#more-47187\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'><ul class=\"socialwrap row\"><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  href='http:\/\/www.facebook.com\/sharer.php?u=https%3a%2f%2fwww.g005e.com%2f2016%2f01%2f28%2fkeep-it-simple-five-smart-strategies-to-avoid-a-lawsuit%2f&amp;t=5+no-brainer+ways+to+avoid+malpractice+lawsuits'  ><img  src='\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='facebook'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-300px 0px'   \/> <span class=\"head\">like this on facebook<\/span><\/a><\/li><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.linkedin.com\/'  href='http:\/\/www.linkedin.com\/sharearticle?mini=true&amp;url=https%3a%2f%2fwww.g005e.com%2f2016%2f01%2f28%2fkeep-it-simple-five-smart-strategies-to-avoid-a-lawsuit%2f&amp;title=5+no-brainer+ways+to+avoid+malpractice+lawsuits&amp;summary=basic+risk+management+strategies+too+often+overlooked.%0d%0a%0d%0aby+sarah+beckett+ference%2c+cpa%0d%0acna+financial+corp.%0d%0a%0d%0a%0d%0awhen+money+is+lost%2c+whether+from+embezzlement%2c+a+poor+investment%2c+or+just+a+bad+business+decision%2c+a+cpa+firm%e2%80%99s+clients+and+third+parties+can+be+quick+to+assign+blame+to+someone+else.+often%2c+that+%22someone'  ><img  src='\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='linkedin'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-850px 0px'   \/> <span class=\"head\">share on linkedin<\/span><\/a><\/li><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/twitter.com\/'  href=\"http:\/\/twitter.com\/share?url=https%3a%2f%2fwww.g005e.com%2f2016%2f01%2f28%2fkeep-it-simple-five-smart-strategies-to-avoid-a-lawsuit%2f&amp;text=%23cpa+link%3a++-+ via+%40cpa_trendlines\"  ><img  src='\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='twitter'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-1625px 0px'   \/> <span class=\"head\">tweet this item<\/span><\/a><\/li><li class=\"icon_text\"><a rel=\"_self\" href=\"mailto:?subject=cpa%20trendlines%20:%205%20no-brainer%20ways%20to%20avoid%20malpractice%20lawsuits&amp;body=here's%20something%20worth%20seeing%20from%20\/\/www.g005e.com...\r\n\r\n\r\n\r\n%20%20\/\/www.g005e.com\/2016\/01\/28\/keep-it-simple-five-smart-strategies-to-avoid-a-lawsuit\/\" title=\"email this: 5 no-brainer ways to avoid malpractice lawsuits \"><img loading=\"lazy\" decoding=\"async\" src=\"\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif\" height=\"24\"  width=\"24\" style=\"background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-275px 0px\" class=\"image-24\"  alt=\"email\" \/> <span class=\"head\">email this<\/span><\/a><\/li><\/ul><div class=\"clean\"><\/div> <\/div>","protected":false},"excerpt":{"rendered":"<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-47191 alignright\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/01\/man-carrying-elephant-dollarphotoclub_92278243-424x283.jpg\" alt=\"businessman lifting big elephant on dry ground - leadership concept\" width=\"208\" height=\"139\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/01\/man-carrying-elephant-dollarphotoclub_92278243-424x283.jpg 424w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/01\/man-carrying-elephant-dollarphotoclub_92278243.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/01\/man-carrying-elephant-dollarphotoclub_92278243.jpg 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/01\/man-carrying-elephant-dollarphotoclub_92278243-849x567.jpg 849w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/01\/man-carrying-elephant-dollarphotoclub_92278243.jpg 1600w\" sizes=\"(max-width: 208px) 100vw, 208px\" \/>basic risk management strategies too often overlooked.<\/strong><\/p>\n<p><em>by sarah beckett ference, cpa<br \/>\n<a href=\"https:\/\/www.cna.com\">cna financial corp.<\/a><br \/>\n<\/em><\/p>\n<p>when money is lost, whether from embezzlement, a poor investment, or just a bad business decision, a cpa firm\u2019s clients and third parties can be quick to assign blame to someone else. often, that &#8220;someone else&#8221; is their cpa.<\/p>\n<p>anybody can sue a cpa firm&#8230; for anything\u2026 at any time. all it takes is some paperwork and minimal court filing fees. courts may even permit plaintiffs to fix insufficient allegations and re-plead their case. and, unfortunately, a cpa can do nothing about it. while the actions of clients and third parties can\u2019t be controlled, there are some fundamental activities and behaviors cpas can employ to help reduce the potential of a professional liability claim or, should a claim be made, improve its defensibility.<\/p>\n<p> <a href=\"\/\/www.g005e.com\/2016\/01\/28\/keep-it-simple-five-smart-strategies-to-avoid-a-lawsuit\/#more-47187\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'>\n<ul class=\"socialwrap row\">\n<li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  href='http:\/\/www.facebook.com\/sharer.php?u=https%3a%2f%2fwww.g005e.com%2f2016%2f01%2f28%2fkeep-it-simple-five-smart-strategies-to-avoid-a-lawsuit%2f&amp;t=5+no-brainer+ways+to+avoid+malpractice+lawsuits'  ><img  src='\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='facebook'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-300px 0px'   \/> <span class=\"head\">like this on facebook<\/span><\/a><\/li>\n<li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.linkedin.com\/'  href='http:\/\/www.linkedin.com\/sharearticle?mini=true&amp;url=https%3a%2f%2fwww.g005e.com%2f2016%2f01%2f28%2fkeep-it-simple-five-smart-strategies-to-avoid-a-lawsuit%2f&amp;title=5+no-brainer+ways+to+avoid+malpractice+lawsuits&amp;summary=basic+risk+management+strategies+too+often+overlooked.%0d%0a%0d%0aby+sarah+beckett+ference%2c+cpa%0d%0acna+financial+corp.%0d%0a%0d%0a%0d%0awhen+money+is+lost%2c+whether+from+embezzlement%2c+a+poor+investment%2c+or+just+a+bad+business+decision%2c+a+cpa+firm%e2%80%99s+clients+and+third+parties+can+be+quick+to+assign+blame+to+someone+else.+often%2c+that+%22someone'  ><img  src='\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='linkedin'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-850px 0px'   \/> <span class=\"head\">share on linkedin<\/span><\/a><\/li>\n<li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/twitter.com\/'  href=\"http:\/\/twitter.com\/share?url=https%3a%2f%2fwww.g005e.com%2f2016%2f01%2f28%2fkeep-it-simple-five-smart-strategies-to-avoid-a-lawsuit%2f&amp;text=%23cpa+link%3a++-+ via+%40cpa_trendlines\"  ><img  src='\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='twitter'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-1625px 0px'   \/> <span class=\"head\">tweet this item<\/span><\/a><\/li>\n<li class=\"icon_text\"><a rel=\"_self\" href=\"mailto:?subject=cpa%20trendlines%20:%205%20no-brainer%20ways%20to%20avoid%20malpractice%20lawsuits&amp;body=here's%20something%20worth%20seeing%20from%20\/\/www.g005e.com...\n\n\n\n%20%20\/\/www.g005e.com\/2016\/01\/28\/keep-it-simple-five-smart-strategies-to-avoid-a-lawsuit\/\" title=\"email this: 5 no-brainer ways to avoid malpractice lawsuits \"><img loading=\"lazy\" decoding=\"async\" src=\"\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif\" height=\"24\"  width=\"24\" style=\"background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-275px 0px\" class=\"image-24\"  alt=\"email\" \/> <span class=\"head\">email this<\/span><\/a><\/li>\n<\/ul>\n<div class=\"clean\"><\/div>\n<\/p>\n<\/div>\n","protected":false},"author":17,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[3120,2458],"tags":[],"class_list":["post-47187","post","type-post","status-publish","format-standard","hentry","category-pro-member-exclusive","category-risk-management","membership-content","access-restricted"],"acf":[],"yoast_head":"<!-- this site is optimized with the yoast seo plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>5 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