Accountants Should Not Discriminate

BY NEIL D. FRIEDMAN

The author of “A Nice Niche—If You Minimize Liability Risk” ( JofA, Feb.01, page 49) warns practitioners to accept only the most ethical and upright potential clients. Similar advice is commonly given to auditors. The result is that the most experienced, resourceful accountants service the most solid, trusted clients. In contrast, less established or inexperienced practitioners provide services to unproven and unstable concerns.

From an experienced accountant’s point of view, making distinctions between clients may be considered wise, but I believe it could be detrimental to society as a whole. Almost any accountant can audit or provide other accounting services to the archdiocese. The public benefits when the most experienced accountants serve the questionable operators as well.

Neil D. Friedman, CPA
Boulder, Colorado

SPONSORED REPORT

Keeping client information safe in an age of scams and security threats

A look at the Dirty Dozen tax scams and ways to protect taxpayer information.

TECHNOLOGY Q&A

How to create maps in Excel 2016

Microsoft Excel 2016 has two new mapping capabilities. J. Carlton Collins, CPA, demonstrates how to make masterful 2D and 3D maps in Excel 2016.

QUIZ

News quiz: IRS enforcement, a hot job, and audit value

The IRS’s 2016 Data Book, a “hot job” of particular interest at this time of year, and insight into how executive and audit committees view the insights from financial statement audits received attention recently. See how much you know with this short quiz.