Legislation, Regulation and Your Risks published in the AICPA Journal
It has become clear that under the regulations, CPAs are considered fiduciaries; hence, with great power comes great responsibility.
Let’s face it – being a professional in this era has become increasingly complicated and laced with rules and regulations that many are simply not aware of. The financial services industry as a whole is constantly under attack from state, federal and other authorities to create, what they believe to be, more protection for the consumers.