Firm & Practice Management
Posted: September 6, 2018
Here's what CPAs should think about before answering requests to provide or verify information to third parties such as lenders, insurers, employers and government agencies. Such seemingly simply requests carry legal and ethical risks that practitioners must be aware of before responding.
Posted: September 4, 2018
Tax reform, the cannabis industry and cyberthreats are just three of the dangers that are looming large in malpractice insurers’ nightmares.
Posted: July 17, 2018
All tax professionals, whether part of a large firm or a one-person shop, must enact security safeguards. Here are six critical steps to protect computers and email as well as safeguarding sensitive taxpayer data.
Posted: July 16, 2018
You don't have to reinvent the wheel when it comes to developing growth strategies and planning for your firm's future. Here are five resources to help you fine-tune your practice and achieve even greater success.
Posted: May 16, 2018
While claims generally repeat themselves year to year, there have been some recent developments worthy of discussion. Find out about Foreign Bank Activity Reports (FBARs), late and non-filed returns and network security lapses.
Posted: May 16, 2018
Preparing for the future of one's own firm can be far more daunting to CPAs than planning for those of their clients’. From making themselves more marketable to succession planning for the firm, CPAs today need to not only adapt to changes in the accounting profession but learn to thrive in spite of them.
Posted: May 11, 2018
Used effectively, an engagement letter can be a flexible and useful tool that describes and defines the engagement between the CPA firm and the client but also serves to appropriately allocate risk between the parties. A CPA firm should not be disconcerted by a client’s request for indemnification.
Posted: April 30, 2018
Owning a CPA firm can give entrepreneurial millennials the freedom to make their own decisions and the ability to make a big impact on clients.
Posted: April 17, 2018
For accountants, nothing is more important than keeping data secure. Multiple methods of protection use encryption to ensure only those authorized to use our data possess the ability to access it.
Posted: April 6, 2018
Research shows risks are rising in volume and in complexity. Avoid these common pitfalls to better protect your organization from risk.