Audit quality center members get new professional liability premium credit.

PositionAccounting & auditing news

The AICPA Professional Liability Insurance Program, in support of AICPA initiatives to improve the quality of government and employee benefit plan audits, is awarding a new premium credit to firms that are members of the AICPA Governmental Audit or Employee Benefit Plan Audit Quality Centers. The new Audit Quality Center credit is available in addition to premium credits currently available for program policyholders--participation in risk management training, use of engagement letters, receipt of an unqualified peer review, and remaining claim-free.

The program will award a 5% premium credit for membership in either Audit...

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