In this episode of Risky Records, we look at the role of client communication in risk management for accounting professionals. Our guest, Joe Jones, Vice President of Risk Management Services at Travelers Insurance, offers valuable insights into how thorough documentation and clear communication with clients can significantly reduce the risk of claims. Joe shares his […]
Legal Updates
Understanding the FTC Non-Compete Ban
Non-compete agreements have long been used to bar employees from working for competitors or using sensitive information to kickstart competing organizations. A new ruling from the Federal Trade Commission has banned these agreements nationwide. The ruling will go into effect in late August, preventing companies from enforcing existing agreements with the vast majority of workers. […]
The Corporate Transparency Act
With the increasing importance of transparency and accountability in both private and governmental settings, the U.S. government has introduced the Corporate Transparency Act (CTA). Set to go into effect on January 1, 2024, the CTA aims to tackle financial issues such as money laundering. As the deadline approaches, now is the time to identify which […]