Ensure Your Insurance is Up to Date
Now that busy season and first quarter filings are out of the way, you should take a look at various areas that could affect the operations of your business or firm ... like insurance.
Obviously, you should have a basic liability insurance policy, as well as workers' compensation and disability policies if you have employees at your place of business, or even for yourself.
In addition, there are various nuances related to your business that might require additional coverage. If you audit, for example, hospitals and your staff performs field work, you might check with your health insurance provider to see if you need a special rider related to working within a healthcare facility.
Check with a broker or your agent for details on insurance, and network with peers to learn what they have in place.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.