“Purchasing professional liability insurance may be one of the most important decisions you or your firm will ever make,” Goldberg Segalla partner Jonathan S. Ziss writes in this article addressing critical considerations for accountants and accounting firms when selecting a professional liability policy. “Having a professional liability policy — also known as an errors and omissions (E&O) policy — tailored to your needs is essential to stave off the potentially disastrous costs of a malpractice claim.”

As a supplement to this article, Jonathan was interviewed on this topic for “The Need for Professional Liability Insurance,” a podcast produced by the Pennsylvania Institute of Certified Public Accountants.

Click the download button below to view the full article. Reprinted with permission from the Pennsylvania CPA Journal, a publication of the Pennsylvania Institute of Certified Public Accountants.