Info You Can Use
News Alerts, Guidelines, FAQs, Scam Warnings, Local, State, & Federal Agency News, Etc.
Note: Use the up/down triangle (to the left of “link”) to sort each section in ascending or descending order
FAQs & Guidelines
Title | Link |
FAQs: CPA Firm Registration | download |
FAQs: Commissions | download |
Guidelines: Alternative Business Structure (ABS) | download |
FAQs: Non-CPA Ownership of a Firm | download |
Local, State, & Federal Agency News
Title | Link |
NCDOR Taxpayer May Contest Determination that Amended Return or Claim Not Filed within Statute of Limitations | download |
NCDOR Privilege License Opinion Letter | download |
NC State Bar: Monthly Trust Account Report | download |
NC State Bar: Trust Account Reconciliation Sheet | download |
NC State Bar: Trust Account Quarterly Review Worksheet | download |
NC State Bar: Complying with Amended Trust Account Rules | download |
NC State Bar: Trust Account Rules 8-2016 | download |
NC State Bar: Amended Trust Account Rules Approved by Supreme Court | download |
NCDOR Tax Related ID Theft | download |
NCDOR Privilege Tax Bulletin (revised 12-2019) | download |
IRS Pub 4557 Safeguarding Taxpayer Data | download |
IRS Pub 4524 Security Awareness For Taxpayers | download |
IRS Pub 5293 Protect Your Clients; Protect Yourself | download |
NC DOJ Scam & Fraud Booklet: Protect Yourself, Don't Be a Target | download |
Comfort Letters/Third-Party Verification Requests
Title | Link |
Need Third-Party Verification? Ask a CPA for Guidance (from AICPA) | download |
How to Respond to a Comfort Letter/Third-Party Verification Request (from AICPA) | download |
AICPA Position Statement: Third-Party Verification Requests aka Comfort Letters | download |
Template for Comfort Letter/Third-Party Verification Request Presentation to Bankers/Lenders (from AICPA) | download |
Comfort Letter Response Matrix (from AICPA) | download |
Third-Party Verification Letters: Questions and Answers (from AICPA) | download |
Activity Review Articles on Comfort Letters | download |
Engagement Letters
Title | Link |
The Importance of Engagement Letters for Small Firms | download |
Setting Expectations: How Engagement Letters Help Manage Professional Liability Risk | download |
Succession Planning & Practice Continuation Agreements
Title | Link |
Practice Continuation Agreements: A Practice Survival Kit (2016) | download |
Getting Your Succession Planning on Track (2016) | download |
CPA Firm Succession Management Multi-Owner Survey Report (2016) | download |
CPA Firm Succession Survey Sole Proprietor Report (2016) | download |