Accounting Archives - Huntersure

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

How Can Automation Improve Accounting Workflows?

Posted on: June 8, 2021 by Huntersure LLC.

Accounting might not typically be considered a customer service position, but in many ways, it is. Accountants rely on clients’ business, and to keep that business, they have to keep clients happy. Maintaining this balance is all about minimizing errors and improving workflow — two problems that automation seeks to address. Can automation actually improve […] Read More

The Impacts of AI in Modern Accounting

Posted on: April 8, 2021 by Huntersure LLC.

Artificial intelligence has made its way into many aspects of our daily lives. Many industries use this technology for various applications, including the field of accounting. AI provides many solutions in this industry, but your clients still need accountant professional liability insurance to protect them from potential claims. According to The Practice of Now 2019 report by […] Read More

How Accountants Can Improve Their Business’ IT

Posted on: April 1, 2021 by Huntersure LLC.

As an insurance agent, you constantly seek better ways to meet your clients’ needs. To serve their customers, your clients in the once-staid accounting profession are adopting information technology solutions. IT is now reshaping every aspect of accounting, and this presents a challenge to insurance agents. To provide your accounting clients with effective risk management, […] Read More

The Impacts of Transparent Accountancy

Posted on: March 11, 2021 by Huntersure LLC.

As you work with your business clients to find them the right accountant professional liability coverage, it’s essential to make sure you guide them through the many reasons accounting transparency is vital. The impacts of transparent accountancy range from avoiding complicated audits and complying with legal regulations to simplifying accurate accounting and building up trustworthy […] Read More

Attention Accountants: Common Tax Concerns

Posted on: March 4, 2021 by Huntersure LLC.

Working to insure accountants can sometimes entail raising their awareness of common tax concerns their customers may have. In some cases, frequent taxation issues could have insurance and legal ramifications for the accountant in question if certain rules and regulations are not followed. As an insurance agent, you can help alert your client to their […] Read More

How Accountants Can Leverage Technology

Posted on: December 17, 2020 by Huntersure LLC.

From healthcare to food production, retail to athletics, technology is reshaping how we live, eat, date, play, work, and more. This is also true for accountants, with clients and staff held to greater standards and results regarding their services and products’ quality and timeliness. With emerging technologies reshaping how accountants get their jobs done, managers […] Read More

Tips for Ensuring Audit Effectiveness

Posted on: December 3, 2020 by Huntersure LLC.

Another audit season is coming up, and accounting teams must be as prepared as possible. From having enough manpower and getting the latest information on tax updates to reviewing their accountant professional liability insurance, this sector has a lot on its plate this time of year. Here’s a look at some habits that accounting clients can do […] Read More