Expanding Your Knowledge While Conserving Your Time.  Vol. 6 No. 7, July 2008 CPA Leadership Report reviews important ideas from articles on CPA firm management and leadership and provides fingertip access to the original articles. It also includes an electronic index to more than a thousand previous articles. You can become familiar with CPA Leadership Report by reading the articles below marked with an *. If you would like to subscribe (with the right to cancel at any time and have your full subscription fee returned), please click here. Contents (Sources)     *Accounting Firm Merger Study (to be updated regularly) Survey of real merger data—purchase prices, retention periods, cash payments, and more. (CPA Leadership Institute) PCPS Study on Succession Planning Survey of firms’ succession plan information, including buyout formulas. (Public Practice) How to Prepare for Succession or Sale From the presentation by Bill Reeb at the AICPA Practitioners Symposium. (Accounting Office Management & Administration Report) Checklist for Assuring Merger Success Advice from a firm that grew from $19 million to $215 million through mergers. (Public Practice)     Can Small Firms Survive? Why small firms are endangered and what they can do about it. (Accounting Today) Do’s and Don’ts in Strategic Planning A useful checklist for what to do and not do in your strategic planning process. (Partner Insights) Are You a Strategic Leader? Most leaders have not been trained in their most important task—to develop strategy. (Partner Insights) How to Improve Productivity in a CPA Firm A white paper by Bruce Marcus and The Bay Street Group. (The Marcus Letter) Project Management Can Improve Efficiency in CPA Firms It can increase efficiency while improving client service. (Practical Accountant) A List of Recruiting Ideas for CPA Firms A great summary of practical ideas. (Public Practice) Recruiting by Small Firms Two in three new graduates are taking their first jobs at firms with fewer than 50 CPAs. (AICPA CPA Insider) *Who Should be Promoted This Year? Who and how you promote can have a big impact on retention. (Possibilities for CPA Firm Leaders) Your Staff is Better Than You Think Don’t make the mistake of thinking the younger generation is less capable than yours. (Accounting Today) *Developing a Partner Track Competencies required for partnership, and how to teach them. (RedZone, Play of the Month) Checklists = Micromanagement Checklists are a form of stifling control. (Innovative Practice Management) Legal Liability—Practical Advice on Protecting the Firm From the AICPA Practitioners Symposium in Las Vegas. (Accounting Office Management & Administration Report) Working at Home Pros and cons. (CPA Trendlines) Is Your Firm Different from the Competition? It’s easier to be different than to be better. (Golden Practices) Is There Value in Having Famous Clients? They lead to increased revenue and referrals. (Truth Be Told About Business Development Blog) Revealing Some Myths About Networking It’s not socializing, and you don’t have to be an extrovert. (California CPA Magazine)     *Power Up Your Profits Chapter Nine, “Referrals Are Nuclear Power,” from Power Up Your Profits, Second Edition, by Troy Waugh, CEO of The Rainmaker Academy. This book covers principles, strategies, and techniques to help you build your practice by obtaining clients and building their businesses. We present one chapter per month, or you can order the book now. (Rainmaker Academy) Sponsors  An intuitive workflow and information automations solution for the accounting profession Helps CPAs manage the tax preparation process Equips top associates with essential rainmaking skills   CPA Firm Consultants in the Areas of Practice Management, Marketing and Human Capital Merger and Transition Advisors Exclusively Serving the  National Accounting Community Professional Liability Insurance for Accountants.   One of the world’s largest networks of large accounting firms Building Business Value   Measuring CPA Leadership Effectiveness The Financial Services Partner for Tax & Accounting Professionals.               Directory of Resources for Accounting Firms Published by CPA Leadership Institute, Inc. Advisory Board for CPA Leadership Report Firm Management Financial Services Consulting for CPA Firms Increase Profitability Workplace Assessments Tax Return Preparation Association of  Accounting Firms Sales Training Work Flow Automation Merger/Transition Advisors Business Advisory Practice Development Writing & Research Insurance Practice Growth Should your firm be listed here?  If it should be, or you know of other qualified firms, call (888) 406-0088 Publisher and Editor-in-Chief:  Joel Shiffrin Managing Editor: Daniel Shiffrin Production Director: Gary Schweinshaupt Operations Director: Angela Ruggiero Director of Customer Service: Stephanie Klug Director of Sales: Rebecca Flaum Director of Program Development: Lisa Keane Douglas H. Thompson, Jr., CPA Alachua, FL CEO, CPAmerica International Irwin Friedman, CPA Lincolnwood, IL Chairman, The Friedman Group, LLC Sally Glick Livingston, NJ Chief Marketing Officer and Director of Marketing Consulting Services for Sobel & Co. LLC. Sam M. Allred, CPA Helena, MT Founder, Upstream Academy Troy Waugh, CPA Nashville, TN CEO, Waugh & Co. Rick Solomon, CPA Stony Brook, NY President, The Solomon Company Chandra Bhansali, Ph.D. Hauppauge, NY Founder, AccountantsWorld.com Richard A. Berkowitz Miami FL Managing Director, Berkowitz, Dick, Pollack & Brant Chris Frederiksen, CPA Mill Valley, CA Founder 2020 Group USA / Frederiksen & Co.

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