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
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
Posted on: December 5, 2019 by Huntersure LLC.
With the holidays settling in and another year coming to an end, accounting professionals should be looking to finish the year off on a good note by avoiding different risks and liabilities that can creep up. From taking care of spreadsheets to buttoning up invoices, accountants have a lot to take care of in order […] Read More
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
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
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
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
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
Posted on: February 21, 2019 by Huntersure LLC.
Automation is becoming more and more common in technology and is also making its way into our everyday living. From food services to banking, entertainment to education, automation is helping to streamline services. Another way it’s made its way into our daily lives is our finances, and with tax season now started up, 43 percent […] Read More
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