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January 2010 Best Practices Tips

Every month we select some of the best ideas for practice improvement from the accounting literature. Here are the selections for January 2010. For the archive, click here.

BEST PRACTICE LINK TO ARTICLE RESOURCE IN CPA LEADERSHIP REPORT DATE OF ARTICLE
Management/People/Culture
Staff Mistakes: The bosses in the firm take the heat for their people. Do You Have Your Employees' Backs? January 2010
Outsourcing: DO NOT outsource tax returns as an opportunity to do more returns at a lower price. Outsourcing for the Right Reasons January 2010
Knowledge Management: Knowledge shouldn't just reside with individuals, but should be documented and easily accessible by all. Knowledge Management--Not Just for Big Firms January 2010
Partners
Accountability: Partners should be formally evaluated on several aspects of their performance--including how they contribute to firm goals. How to Get Partners to be Accountable January 2010
Clients and Client Services
Value Pricing: Some clients will pay more if asked. Focus on them, NOT on those looking for lower prices. Adverse Effects of Time-Based Pricing January 2010
Marketing
Team Sport: Partners should view marketing as a team sport. And they should conduct penetrating analyses of needs, rather than emphasizing social events. Making Practice Development a Team Effort January 2010


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