“Practitioners: Beware the Family Affair,” Pennsylvania CPA Journal
“CPAs who work with families and family businesses must be mindful that conflicts of interest and preserving client confidentiality can be a cause for concern,” writes Jonathan S. Ziss, a partner in Goldberg Segalla’s Professional Liability Practice Group.
In this article published by the Pennsylvania Institute of CPAs, Jonathan explores a number of common conflict of interest and professional liability issues that may arise for accounting practitioners working with a family business.
“By issuing all the necessary engagement letters and by minding the Code of Ethics,” Jonathan notes, “practitioners can meet their clients’ needs while mitigating their own professional risk, such as action against one’s license, exposure to civil damages, and impairment of one’s reputation.”
Read the article here:
- Jonathan S. Ziss, “Practitioners: Beware the Family Affair,” Pennsylvania CPA Journal, Fall 2013