Accounting Archives | Huntersure

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

Considerations for Accounting Amid Artificial Intelligence

Posted on: November 24, 2020 by Huntersure LLC.

The term “artificial intelligence” sometimes leads to thoughts of a future in which robots will take over and do practically every job for us. In this vein, doctors, lawyers, writers, and accountants would all be affected by a machine-driven world. Amid such threatening projections, many companies and industries find it hard to comprehend what artificial […] Read More

Addressing the Top Accountant Risks

Posted on: October 22, 2020 by Huntersure LLC.

Risk is an ever-relevant component of any business operation. There are basic accountant risks that apply to every business in every sector, and this industry is no different. Accountants, tax professionals, and audit firms all gather, store, and process sensitive client data. But they don’t just use those numbers for crunching. They must also contend […] Read More

Identifying Financial Statement Fraud

Posted on: July 30, 2020 by Huntersure LLC.

In the late-1990s and early-2000s, major corporations found themselves setting up the foundation for the United States’ economic recession in 2008. How? Through such actions as financial statement fraud, a deceptive method where financial information of a company is misrepresented, resulting in unauthorized benefits to the company or individuals within it. Most notably, corporations such […] Read More

Minimizing Potential for Accountant Malpractice Lawsuit

Posted on: April 9, 2020 by Huntersure LLC.

Even though this year’s tax season deadline has been pushed back until July due to the coronavirus, accounting professionals are hard at work with their clients’ tax and financial information. This extra time is great for accountants to get caught up on their work while preparing for a shortened tax season next year. The change […] Read More

Signs of Fraud in an Accounting Business

Posted on: March 19, 2020 by Huntersure LLC.

Internal fraud in a business can come in many forms. From hourly employees who take money from the cash register to top-level executives who might falsify their revenue numbers, fraud is a major issue that hurts a business and its professionals. According to an ACFE (Association of Certified Fraud Examiners) Global Fraud Study, a typical business […] Read More

5 Trends to Expect for Accounting in 2020

Posted on: January 9, 2020 by Huntersure LLC.

There are a number of industries that have been able to operate steadily without too much change, no matter the trends around them. One is the accounting field, which has operated on tried and true methods over the years. But, like practically every industry around it, accounting is set for major changes heading into the […] Read More