Accountant Professional Liability Archives | Huntersure

4 Ways Accounting Clients Can Improve Their Business Communications

Posted on: October 10, 2019 by Huntersure LLC.

Accountants and financial advisors have great attention to detail and an ability to analyze numbers and find solutions. While these great technical skills are enviable in their trade, it’s the softer skills, such as communications, that may need some sharpening. Business communication for accountants can always be revisited and fine-tuned as some CPAs struggle with […] Read More

Accountant Liability: The Legal Definition

Posted on: August 22, 2019 by Huntersure LLC.

Accountants have a lot on their plate during tax season, but in reality, their work never really ends. And when it comes to dealing with a company’s taxes or someone’s personal financial information, there is plenty of room for mistakes to be made. An accountant’s liability describes the legal liability assumed while an accountant performs […] Read More

Refocusing Accountant Efforts on Fraud Detection

Posted on: May 16, 2019 by Huntersure LLC.

Fraud is on the rise all across the country and across many industries. From personal tax returns to companies taking advantage of their clients, fraud continues to be a major issue. In New York, there are already efforts to combat fraud in state taxes, meaning the alarm bells for fraud, in general, are already sounding. […] Read More

Today’s Top Challenges for Accounting Firms

Posted on: May 9, 2019 by Huntersure LLC.

Tax season is in full force and accountants all over are taking care of returns for clients and companies, making sure they get everything checked off to avoid discrepancies. But outside of the annual tax duties that accountants face there are still a number of responsibilities they carry throughout the rest of the year. The […] Read More

The Most Important Topics for Accountants to Discuss With Their Clients

Posted on: May 2, 2019 by Huntersure LLC.

Accountants have a very important job during tax time, but that doesn’t mean they should slack in their relationship with their clients throughout the rest of the year. It’s important for accounting professionals to keep open communications with their clients through the entire year and know how to prioritize the topics in which they go […] Read More

Why Prior Acts Coverage is Beneficial for Accounting Firms

Posted on: February 14, 2019 by Huntersure LLC.

There are many liabilities that accounting firms face every day and when it’s tax season, those liabilities become even more serious. From errors and omissions to seemingly simple mistakes to a complete system breakdown within the firm, the role of an accounting firm and its accounting professionals that help keep is based on meticulousness and […] Read More

What CPAs Can Do to Prepare for the 2019 Tax Season

Posted on: February 7, 2019 by Huntersure LLC.

Tax season 2019 has officially landed and people and businesses are starting to get their filing done. With systems like Turbo Tax and H&R Block online, tax filing is quicker, easier and cheaper in some cases. But while people are choosing to go the digital route for filing their taxes, CPAs are still handling the […] Read More

The Legal Duties and Liabilities of Accountants

Posted on: January 10, 2019 by Huntersure LLC.

Tax season is just about to get underway and accountants are already preparing for another busy season. While there may be a lot of things to get in order, such as all the relevant files and coordination with clients, there needs to be an emphasis on understanding the liabilities and duties of an accountant to […] Read More

What CPAs Should Do Now to Prepare for Tax Season

Posted on: January 3, 2019 by Huntersure LLC.

For many people, January is an exciting time of year because it represents a fresh start and some new direction. But for CPAs, it represents the oncoming avalanche of work heading their way. Months of looming deadlines and mountains of files, both physical and digital, are already ready to come pouring in, offering busy schedules […] Read More

How Accounting Firms Can Improve Audit Quality

Posted on: September 20, 2018 by Huntersure LLC.

When it comes to audit quality at accounting firms, there’s always room for improvement. While accountants have it in their bloodstream to be meticulous and cover all needed tasks of a project with the utmost quality, there still needs to be an avoidance of hitting a plateau. Firms needs to continue to strengthen their focus […] Read More