As a risk management professional at CNA, professional liability insurance carrier for nearly 25,000 CPA firms, I am often asked if engagement letters are worth all the effort. The answer, based on my personal and CNA’s claim experience, is a resounding YES! I’ve experienced firsthand the value these letters bring to the table.
To read the full article in AICPA, click: Engagement Letter Stories—When They Hurt and When They Worked.
