Avoiding an Audit (Best Of)

In this Best Of episode we revisit our most important insights on avoiding audits in legal and accounting practices. From bar and compliance audits to trust accounting pitfalls, they share practical strategies for clean records, strong workflows, and staying prepared—so firms can protect themselves before problems arise. 00:15 Types of Audits and Their Implications 01:10 Case Study02:30 Common Audit Issues in Law Firms 04:33 Best Practices for Trust Accounting 06:20 Handling Prior Year Transactions 07:19 State-Specific Audit Requirements 10:37 Preparing for an Audit 15:34 The Importance of Practice Management Software 15:51 Handling Petty Cash: Lynda's Story 16:52 Importance of Workflow in Cash Management 17:26 Using Technology for SOPs and Workflows 17:52 Payroll and Multi-State Compliance 18:45 Avoiding Audits: Best Practices 20:35 Responding to Audits and Legal Requirements 22:55 Documentation and Record-Keeping 23:57 Setting Up Books for New Firms Be sure to subscribe for more episodes! Find us on YouTube as well! If you have questions, topic requests, or guest suggestions you can email us at [email protected] or send us a message through our website, www.accountantslawpod.com If you want to join us in the Accountants Law Lab, visit our website at www.accountantslawlab.com to sign up! Accountants Law Pod is hosted by Lynda Artesani, Sarah Prevost, and Steve Libhart and directed/produced by Teaira Burge and The Proper Trust. Music by ComaStudio from Pixabay - Edited by audiovideo_uk Disclaimer: The content presented in this podcast is for informational purposes only and should not be considered as legal, financial, or professional advice.