TAX2610. Rich & Famous: Risk Control Strategies for Dealing with High Net-worth Clients

Every new client is an adrenaline rush, but if it’s a high profile or high-net-worth client, it’s even more exciting— until a dispute arises. Learn why working with the rich and famous may result in expensive and time-consuming claims and hear strategies for reducing the impact on your firm.

Learning Objectives:

• Distinguish what kind of professional liability claims can arise when delivering services to the rich and famous.
• Recognize why claims made against CPAs by the rich and famous can be difficult to defend.
• Identify strategies to help manage those risks.