Accountant Professional Liability Archives - Page 2 of 3 - Huntersure

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

How Prior Acts Coverage Can Benefit Accounting Professionals

Posted on: September 13, 2018 by Huntersure LLC.

Accountants know that there are many pitfalls that can come with offering services to clients. From errors and omissions to seemingly simple mistakes that comes back and haunt you in the long run, the role of a CPA is one that involves a heavy focus on being meticulous. But even if your clients feel that […] Read More

Professional Liability for Accountants: Common Claims Scenarios

Posted on: September 6, 2018 by Huntersure LLC.

Accountants spend their entire days meticulously tending to their clients’ documents and information, yet still face risks of their own when it comes to liability. Their job is to reduce financial risks, but are just as open to legal issues as their clients are. In this case, CPA’s can be proactive when it comes to […] Read More

Should You Negotiate with Carriers on Your Client’s Behalf?

Posted on: January 18, 2018 by Huntersure LLC.

If your loyal client files a Professional Liability Insurance claim only for the carrier to deny them, how should you handle the situation? You might be tempted to negotiate with the carrier on behalf of your client, especially since you want to prove you’ll fight for them and demonstrate your obvious value to them and […] Read More

Accountant Best Practices: Client Communication Strategy

Posted on: September 6, 2017 by Huntersure LLC.

Communication for Accountants > Client Communication In this series of articles, we’ve explored the importance of client communications when it comes to accounting practices. The first step is to gauge the effectiveness of the existing strategy, and make adjustments as needed. In this final installment, we’ll discuss how to implement a client communication strategy. Share […] Read More

Why Communication is Important for Accountants

Posted on: August 9, 2017 by Huntersure LLC.

Communication for Accountants > The Value of Communication In our last post, we discussed how to implement and gauge communication strategies within accounting firms. In this article, we’re going to dive deeper into why communication is the backbone of any successful accounting business. Not only does communication play an intrinsic role in employee management, but […] Read More