Professional liability insurance, sometimes known as errors and omissions, protects professionals from financial loss due to lawsuits taken against them by clients. Understanding what this insurance is and why it is necessary are two different things. Why is accountant professional
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Accounting firms take great pride in the quality of their work product. They understand that in the accounting world, small mistakes can cause enormous consequences. However, regardless of the extensive quality controls and error-checking mechanisms that a company puts in
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