Vol. 5 No.12, December 2007

Expanding Your Knowledge While Conserving Your Time.

Vol. 5 No. 12, December 2007

CPA Leadership Report is about soft skills. It is a digest of the best management and leadership articles from accounting profession publications. It also contains an index to all previous articles available, literally, at your fingertips.

You can familiarize yourself 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)*

Survey of Partner Compensation Methods Firms are paying an increasing amount of attention to intangible contributions. (The Rosenberg Survey)*
Billing Rates Rise Significantly From the IOMA annual CPA Firm Practice Management Survey. (Accounting Office Management & Administration Report)
Methods and Values for Partner Buyouts The most common method remains Multiple of Compensation. (The Rosenberg Survey*)
Compensation Statistics From the IOMA annual CPA Firm Practice Management Survey. (Accounting Office Management & Administration Report)
Partner Compensation Should Reflect Partner Value to the Firm Current compensation systems use a hierarchy of partner profiles. (Accounting Today)
Engagement Letter—A Positive Factor in Client Communication Some clauses that should be in your engagement letters. (Pennsylvania CPA Journal)
Preparing Engagement Letters New edition of a book on engagement letters. (Bowman FirstAlert)
Settlement in Age Discrimination Suit May Affect CPA Firms The firm of Sidley & Austin has agreed to a settlement with plaintiffs in a suit challenging the firm’s right to force partners over age 40 to retire. (Partner’s Report)
Merger Deal Killers Firms are often naïve about the potential success of a merger. (Practical Accountant)
Controversy Over De-Merger Clauses Should merger documents include a plan for de-merging? (Partner Insights)
How to Create Non-Compete Covenants Guidance to CPA firms in creating non-compete agreements. (The CPA Journal)
Be More Profitable Insightful, down-to-earth suggestions from consultant August Aquila. (Partner Insights)
Will Higher Morale Mean Higher Profit? A Gallup poll says yes. (CPA Trendlines)
What Makes Some Firms More Profitable Than Others Practical and concise insights into better performance. (Accounting Today)
Who Should Lead Your New Niche? There is a good chance the leader of a new niche will come from outside the firm. (Practical Accountant)
Can CPAs be Visionaries? Tap into your partners’ and staff unrealized creativity. (CPA Trendlines)
What are the Major Concerns of CPA Firms? Highlights from the AICPA annual Top MAP issues survey. (Partner’s Report)
What You Wear on the Job Makes a Difference Many accountants think people judge them on their ability, and what they wear is not important. How to define “casual.” (On Balance)
If You Decide to Start a Solo Practice Advice on starting a solo practice from people who have done it. (Insight)
Setting Up a Home Office Whether you work on your own or for a firm, a home office requires careful thought. (California CPA Magazine)

Are Non-Licensed CPAs Entitled to Overtime Pay? A potential class action lawsuit on behalf of associates at a Big 4 firm in California. (Inside Public Accounting)

Cross-Selling Solves Client Problems Cross-selling shouldn’t be considered selling. (CPA Practice Management Forum*)

Books in Serial Format Chapter 2 of Power Up Your Profits, 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 will present one chapter per month, or you can order the book now. (Rainmaker Academy*)

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