by James Hastings | Jan 21, 2019 | Industry
Accountants sell their time and expertise by sending invoices to their clients. First, make sure to capture all time, both billable and non-billable, using a reliable system; second, write persuasive invoices that communicate the value of your services; and third,...
by James Hastings | Nov 7, 2018 | Industry
The question of why I started Engage is really three questions: what is the problem; why Engage solves the problem; and why I decided to start the company and build the app. Part I explains how engagement letters can improve a CPA’s practice and protect his or...
by James Hastings | Nov 7, 2018 | Industry
The question of why I started Engage is really three questions: what is the problem; why Engage solves the problem; and why I decided to start the company and build the app. Part I, below, talks about why accountants should use engagement letters and why failing to...
by James Hastings | Nov 3, 2018 | Industry
Recently, I wrote about how Engage for CPAs can solve some of the most common obstacles that prevent accountants from using engagement letters in their practices. This Journal of Accountancy article by Roby Sawyers, CPA, Ph. D. explains how accountant-client disputes...
by James Hastings | Nov 2, 2018 | Industry
Some engagements, like attestation and SSARS 21 financial statements, require the CPA to have a written agreement with the client. However, there are many benefits to using engagement letters even when they aren’t required. Why should CPAs use engagement letters?...
by James Hastings | Nov 1, 2018 | Industry
Small CPA firms deal with several challenges. Some are common to any small business, like credit and managing employees, while others, like maintaining a license and compliance with the rules of practice, are specific to CPAs. These are broadly termed practice risk....
