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Excess liability insurance coverage

Under the applicable Regulation, members who practice the CPA profession, as set out in the Chartered Professional Accountants Act, within a limited liability partnership (LLP) or joint-stock company (JSC) are required to take out excess liability insurance coverage for the partnership or joint-stock company to cover possible professional faults, in addition to the compulsory professional liability insurance for all CPAs.

Consult the section on practice within a partnership or a joint-stock company for more information on excess liability insurance coverage >