Disengaging with a Client to Benefit Your Firm

By Suzanne M. Holl, CPA

Even CPAs who are highly skilled at bringing in new clients and nurturing those relationships will periodically encounter situations that call for a client disengagement. Disengaging with a client has the potential to be unpleasant, but this measure can be a practice management tool that increases firm profitability and creates a better situation for both the CPA and the client.

Documentation, Engagement Letters Key to Tax Risk Management

By Suzanne M. Holl, CPA and Duncan B. Will, CPA/ABV/CFF, CFE

CPA liability exposures during tax season are always a concern, regardless of economic or professional conditions. However, in the wake of the pandemic, liability exposures during this tax season are even more exacerbated given the added complexities associated with the magnitude and state of flux with many of the new or expanded economic and tax-specific relief measures (credits, deferrals, etc.).

Remote Work Security from Hackers and Malware

by Randy R. Werner, J.D., LL.M./Tax, CPA

With some professionals returning to the office while others are choosing a hybrid or remote work setup, working outside the office is opening new access points and vulnerabilities for hackers to exploit. CPA firms are already target-rich environments for identity thieves, and any new vulnerabilities exacerbate the profession's cyber-related challenges. Data security has become an urgent concern for the accounting profession.


Latest Articles

  • 10 Aug

    5 Warning Signs of a Claim

    Even when covered by insurance, claims can have a significant impact on your practice in terms of time, money, professional reputation, and peace of mind. By knowing the warning signs of a claim, and calling your risk advisor early on, you can help minimize the impact of lo... read more

  • 24 Jun

    Indemnification: Understanding Your Risks

    By Suzanne M. Holl, CPA

    CPA firms are experiencing an uptick in clients trying to embed indemnification and hold harmless clauses in various agreements. Many of the clauses are inappropriate for CPA services or overly broad – even to the point of shifting all ... read more