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City CPA firm sued

City CPA firm sued
June 13, 2012 tfirestine

As the case continues for the Dixon, IL controller who is alleged to have siphoned funds from the city to her own use, the city’s accounting firm has recently been sued for failed audits.  The city is claiming the CPA firm is negligent for overlooking nearly $50 million missing over the last number of years.  Calculated Risk Advisors realizes these types of allegations against accounting firms are not new, and assists all their CPA clients in making sure their insurance provides the right coverage for them.

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