Practical guidance for CPA firms on delivery models, catch-up reconstruction, staffing, and building capacity without the hiring headache.
CPA firms are covered financial institutions under the Safeguards Rule. Vendor diligence is not optional. Here is what I ask for before client data leaves the firm.
Three unfiled years is still in scope if the bank has the statements. Here is how far back reconstruction can go, what a gap report is for, and what I would do first.
One missed year is still a reconstruction job. Here is how I tell owners and firms to close it before the next filing season turns it into two.