New liability risks in accounting

Liability insurance experts Deb Rood and Stan Sterna share major emerging malpractice and liability concerns for accountants.

Tax reform, advances in both technology and the capabilities of hackers, and a host of other developments are creating lots of new liability risks for accountants. Deb Rood, risk control consulting director at CNA, the underwriter of the AICPA's professional liability insurance program, and Stan Sterna, vice president at Aon, a broker and the national administrator of the AICPA's rogram, share major emerging malpractice and liability concerns that they see affecting accountants, along with tips and strategies for mitigating them.