Getting the numbers right might not be enough if advice to clients is deemed to be negligent. That’s why accountants need professional indemnity cover to protect their business and reputation.
Why Do Accountants Need Professional Indemnity Insurance?
Within any profession in which a business is providing advice or a service to a client, it is highly recommended that this type of professional should obtain professional indemnity insurance. Accountancy is one of those professions, and we’ll discuss within this article why accountants need professional indemnity insurance, what a policy can protect them from, …
