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Disaster Planning and Recovery Advice from CPAs

Blizzard prepWith a historic blizzard bearing down on the Northeast, many people have considered their physical well-being. They’ve stocked up on milk, bread and blankets to weather the worst.

But what about their fiscal well-being?

Events like this one also require financial preparedness – having cash on hand in case the power goes out and insurance information handy in case snow-laden trees come crashing down.

You can help your clients get ready-- and recover—by downloading checklists, tools and resources from the AICPA’s Disaster Financial Issues webpage. There, you’ll find guides created in collaboration with the American Red Cross. Additional disaster planning and recovery resources are available on the 360 Degrees of Financial Literacy website.

CPAs are committed to assisting our clients and communities prepare for and recover from Mother Nature’s worst. We hope everyone remains warm and safe in the coming days.

Ernest A. Almonte, CPA, MST, CFF, CITP, CGFM, Chief Visionary Officer and CEO, Almonte Group LLC. Ernie is chair of the AICPA’s National CPA Financial Literacy Commission. He founded and serves as the Chief Visionary Officer for Almonte Group LLC., a full service accounting and consulting firm providing tax, audit, anti-fraud, expert witness testimony, forensic accounting and consulting services.


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