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Posted on: September 20, 2018 by Huntersure
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
Posted on: September 13, 2018 by Huntersure
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
Posted on: September 6, 2018 by Huntersure
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
Posted on: September 6, 2017 by Huntersure
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
Posted on: August 9, 2017 by Huntersure
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
Posted on: August 2, 2017 by Huntersure
Wealth management businesses come with inherent exposures and skill requirements. Arguably the most important, however, is effectively communicating with clients. More specifically, professional and accurate communication. Bringing on more clients is the goal of accounting firms, but the transaction will never be closed without the right communication strategies. In this article series, we’ll cover the […] Read More
Posted on: September 28, 2016 by Huntersure
Legal costs associated with lawsuits can cost accountant firms hundreds of thousands of dollars, depending on the duration and charges of the case. As your clients perform a variety of tasks that subjects them to risk, a comprehensive Accountant Professional Liability policy can mitigate risks and the financial burden of a lawsuit. Here are some […] Read More
Posted on: September 16, 2016 by Huntersure
The interview process is always a tedious one. While standard interview questions are a good way to gauge the applicant’s interest and skill set, it’s hard to identify whether or not that person is the right fit for the company. As accounting is a critical component to the success of any business, ensure your clients […] Read More
Posted on: June 23, 2016 by Huntersure
Due to the nature of their work, accountants are no strangers to risks in their daily operations. With the advancement of technology, their practices have been streamlined and simplified, however, this means there are inevitable drawbacks. For example, there are approximately 340,000 data breaches that occur each day, making it critical to find preventative measures […] Read More
Posted on: October 15, 2015 by Huntersure
Due to the nature of the work, accountants face an extraordinary amount of risk each day. As industries embrace technology for the betterment of their business, inherent cyber risks are an unfortunate pitfall. As data breaches are becoming increasingly common, Professional Liability for Accountants is a necessity. The following are common breach scenarios, resulting exposures, […] Read More