CPA Benefits (Accounting Firms)

Helping CPAs build knowledge and strengthen relationships.


The full capabilities and commitment of one of the nation's largest banks are now available to you, and to your clients. As a dedicated ally to CPAs, Bank of America Merrill Lynch offers you access to a suite of services designed to grow your practice and reinforce your status as a trusted advisor in the eyes of your clients.

CPA Resources

Your success is important to us, that's why we've used our expertise to develop a suite of resources specifically for CPAs like you:

  • Hone your skills with our complimentary CPE credit courses and industry resources

  • Draw on the expertise of a local Bank of America Merrill Lynch client manager to better serve your clients' needs

  • Make audit confirmations online.

Your client manager will work with you and your clients' businesses directly to get to know the business and proactively provide successful solutions.

Online Audit Confirmations

We strive to keep you at the forefront of new technology in the accounting industry. That's why we're working with to provide you and your clients with a simple online solution for Domestic Depository and Commercial Loan account audit confirmations.

  • A guaranteed five-day turnaround: Bank of America Merrill Lynch guarantees a five-business day turnaround on U.S. depository and commercial loan account electronic confirmations or the charge will be refunded

  • Half the auditing hours: The service reduces the auditor's time spent on confirmations by an average of 50%1

  • Less potential for fraud: Electronic confirmations offer a more secure and reliable process that reduces the risk of fraud

  • Powerful network access: You can utilize the service to submit electronic audit confirmations to over 150 other financial institutions

  • Industry approved: April 2007, electronic confirmations were approved as a valid piece of audit evidence by the AICPA Auditing Standards Board2.

As of October 2008, all audit confirmation requests for Domestic Depository and Commercial Loan accounts must be submitted through for processing. Access this innovative electronic service at $23 per account, confirmed for the first five client accounts, and no charge for each account. After five accounts, there is no additional charge. Getting started is fast and easy.

View our contact sheet (PDF) for more information on where to send audit confirmations for accounts other than Domestic Depository or Commercial Loan accounts.

1 AICPA Case Study: CPA Firm Smith, Turner & Reeves Finds Solution to Help Improve Accuracy, Efficiency and Security of Audit Process. May 2004.

2 AICPA Interpretation No.1 of AU Section 330. The Confirmation Process. April 2007.

Solutions for CPAs

Awards & Recognition

  • 92% of state governments served by Public Sector Banking team
    internal BofAML data, 2013
  • 76% of top 50 cities by population served by Public Sector Banking team
    U.S. Census 2010, 2013


Webinar: Employer Responsibilities for the Affordable Care Act

This fifty minute webinar will help employers understand their responsibilities for the Affordable Care Act.

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