CPA Voice: Managing client risk

Written on Apr 13, 2018

CPA Voice

CPAs are always looking for ways to increase revenue and find more business. But they need to be aware of risks when providing clients CFO services, writes Alvin Fennell III and Joseph Wolfe in the March/April issue of CPA Voice.

“If your client actually needs a CFO, consult with both your lawyer and your insurance broker about potential legal and insurance coverage issues before deciding how to proceed,” the authors say. “Depending on the circumstances, it might be appropriate to have your lawyer draft an independent contractor agreement for you that limits your legal liability while performing this function for the client.”

Read the do’s and don’ts for CPAs when dealing with client risk when it comes to performing CFO services online now.

Don’t miss this convenient, self-study CPE

Did you know that reading CPA Voice can help you satisfy your CPE requirement? No matter your location or the time of day – and even without the benefit of electricity – you can gain CPE credit with each issue.

Every edition includes a 12-question self-assessment exam covering content from that issue. Receive a grade of 75% or higher and you’ll earn one hour of CPE credit in specialized knowledge.

Best of all, you can take the exam when and where it’s convenient for you, either online or by mail. Exams remain available online – and may be completed for CPE – through the same month of the following year.

March/April 2018 exam

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