Protecting your firm from privacy breaches is often a matter of strong internal practices.
Financial and Admin Operations
CPAs discuss creating a budget, projecting cash flow, and reeling in the right clients in a competitive arena.
Don’t let a “failure to communicate” escalate into a loss of clients or costly litigation.
Jennifer H. Elder, CPA/CFF, CGMA, co-author of the book "Faster Disaster Recovery: The Business Owner’s Guide to Developing a Business Continuity Plan," discusses how to prepare so that an organization’s finances and reputation will be protected if a disaster occurs.
Working outside the office can leave you open to invasions from hackers if your device or the Wi-Fi network you’re on is not secure.
An effective docket system helps reduce the likelihood of a filing error and can make a CPA firm more efficient.
Don’t expose your practice to a severe liability claim by relying on one of several fallacious arguments for avoiding the use of engagement letters.
This article explains the what, why, and how for firms that may benefit from using SBA 7(a) loans in CPA firm purchases and sales.
Permitting a client to use a CPA firm’s address exposes the firm to potential problems.
Switching from hourly billing to value pricing can reward tech-enabled efficiency.
Three reasons why client engagement letters are essential, according to Deborah Rood, CPA.
This article looks at five scenarios that could put CPA firms at risk and ways to mitigate them.
Such actions could prompt a client to file a counterclaim for negligence or a regulatory complaint against the CPA firm.
Here’s why the annual engagement letter is the undisputed champion.
Know the areas to scrutinize in an annual employee retirement plan review to reduce the risk of errors, misunderstandings, or breaches of fiduciary duty.
Blake Christian, a tax partner with HCVT, drops in to reveal the secrets he’s learned from opening several new offices over the years.
This infographic shows the benefits of using engagement letters, liability risks of not using them, and sources firms can consult in drafting them.
Website language may compromise the defense of a professional liability claim.
Value pricing can help staff get more done because billing by the hour can remove incentives to work efficiently.
As the founder of brokerage firm Poe Group Advisors, Brannon Poe, CPA, has helped hundreds of CPAs sell their firms. He shares insights he has learned over the course of his career, as well as best practices for selling your firm.