Accounting Archives - Huntersure

Mistakes Accountants Should Avoid With Their Clients

Posted on: August 25, 2022 by Huntersure LLC.

Accountants are responsible for managing their clients’ money and overseeing their tax liability. A successful accountant will have an eye for accuracy and sharp critical thinking skills, but these skills are still not enough to ensure that an accountant will avoid mistakes. Indeed, many errors can cost accountants’ clients large sums of money, and those […] Read More

How Accountants Can Propel Small Businesses

Posted on: June 16, 2022 by Huntersure LLC.

Accountants can propel small businesses by using a variety of methods and practice to help them succeed over the long haul. Creating and growing a business takes a lot of careful financial planning and oversight. Small businesses need to form relationships with accountants who can offer as much or as little help as they need. […] Read More

7 Ways to Enhance Your Accounting Career

Posted on: May 19, 2022 by Huntersure LLC.

Accountant professional liability insurance is a great way to protect your firm, but what can you do to enhance your career prospects? There are many ways to get ahead, especially if you’re a member of an association. The key is examining your strengths and weaknesses before choosing an option. Accountant Career Goals There are steps you […] Read More

Accountants: Detecting Financial Statement Fraud

Posted on: April 7, 2022 by Huntersure LLC.

Business owners place their trust in accountants to keep track of the financial health of their businesses, prepare taxes and help them make sound financial decisions. However, sometimes businesses engage in fraudulent accounting practices to make their financial picture appear different than it is. Accountants whose errors or negligence result in financial statement fraud that […] Read More

Accountants: Preventing a Malpractice Lawsuit

Posted on: March 9, 2022 by Huntersure LLC.

Accountants may spend all day crunching numbers, but those numbers often hold great significance. One mistake could be a major misstep, and accuracy is imperative. Of course, every accountant is invested in avoiding accountant malpractice, so professionals in the field are typically known to be thorough. Still, there are certain liabilities that accountants must be […] Read More

Accountants: Best Practices for Tax Season

Posted on: February 17, 2022 by Huntersure LLC.

Some professionals get hit more during particular seasons. Accountants are one of those specialties. When January 1st rolls around, it’s all about the W2s, tax refunds, and payments. Suddenly hoards of customers seek help in understanding what they can write off and how much they can get back. While the influx of customers is lucrative, […] Read More

Accountants Brace for Stressful Tax Season

Posted on: February 10, 2022 by Huntersure LLC.

Bringing in the new year marks go time for accountants. Both CPAs who serve businesses as well as those whose practice concentrates primarily on preparing taxes for individuals have an extremely heavy workload from January 1st until the middle of April. The past year has been more financially volatile for employers, workforces, and independent contractors. […] Read More

Mistakes Novice Accountants Make & How to Avoid Them

Posted on: September 9, 2021 by Huntersure LLC.

There is little if no room for error in the field of accounting. People seek out accountants with reputations for thoroughness and accuracy. Individuals who are new in the field and have not developed much of a professional reputation still have to meet these same high standards. As is the case in most professions, inexperienced […] Read More

Best Practices for Reconciling Business Accounts

Posted on: August 12, 2021 by Huntersure LLC.

In 2020, 2.2 million people filed claims of fraud with the Federal Trade Commission. 34 percent of these claims involved stolen money, causing over $3.3 billion in losses. When you’re meeting with accounting clients about accountant professional liability coverage, fraud should be one of your top discussion topics. Encouraging your clients to regularly reconcile their […] Read More

Exploring Accountant Liabilities

Posted on: June 22, 2021 by Huntersure LLC.

If some of your insurance clients include professional accountants, they likely have some questions about the liabilities in accounting. When exploring various types of liabilities with your clients, it’s important to help them understand both accountant professional liability and business liabilities that they may be in charge of handling for their company. The next time […] Read More