CPA Voice: How to respond to subpoenas

Written on Oct 15, 2020

No firm wants to think about dealing with a subpoena, but it’s helpful to be prepared for the situation ahead of time. 

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“CPA firms are often uncertain about whether or how to respond to a subpoena, as they also need to comply with a number of rules and regulations intended to protect client confidentiality,” writes Jay Rasheed, a claims specialist with CAMICO, in the September/October issue of CPA Voice.

CPAs who receive a subpoena should consider the information in their client files, along with any recent communications with the client or any parties involved, and then contact their professional liability risk adviser or attorney before responding.

“Typically, an attorney or other party will issue a subpoena because she thinks that the CPA is in possession of information and documents that will establish facts that are relevant to the underlying case,” Rasheed writes.

But sometimes the subpoena might indicate that the CPA is a target in an underlying case by seeking possible implicating information for the matter being investigated or litigated. Read the complete story now.

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