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This Webinar is for CPAs and accountants who are considering reducing their time commitment to their accounting practice over the next five years or considering buying, selling or merging their practices.
For a detailed description of the Webinar, please click here.
Who Should Attend
- CPAs who want to know how accounting firms are valued
- CPAs who are 5 years or less from reducing their time commitment to their firm
- Firms who are interested in growing by acquiring an accounting firm
- Practitioners who want to understand how the economy has impacted valuing an accounting firm and succession planning
What You Learn
- What is the marketplace like now and what will it likely be over the next five years or more?
- How do you choose your successor?
- Alternative methods of structuring these succession deals/plans
- How do you commence your transition while retaining control and income from your firm?
- How do you value the sale of an accounting practice to an external buyer?
- How do you value your practice and structure your deal when you are transitioning to your partners/staff (an internal transition plan)?
- What should you review in due diligence if you are the seller or the buyer?
- How do you transition the clients and staff through a succession plan?
- What are the demographics of our industry as it relates to succession planning?
- When should you start to plan your succession?
Benefits of Attending
- Maximize the value of your practice
- Assure the continuation of your practice
- Provide for your profitable exit from the practice
Level of expertise needed - Intermediate
Prerequisite - CPA with 3 years experience
This is a group Internet-based offering. The instructional method will be lecture with active group participation and will use visual aids.
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