Vol. 3 No. 12, November 2005

We are pleased to provide you with this sample issue of CPA Leadership Report, a monthly
compilation of summaries of the best articles on leadership and practice management. Nearly all the articles are valuable to small firms as well as large ones. The editors carefully selected these articles from over 20 publications for the accounting profession. After reading a summary, you can access the original article, usually through an electronic link. CPA Leadership Report is truly a unique resource for expanding your knowledge while conserving your time.

Summaries marked with an (*) are accessible by non-subscribers. To gain access to this and future issues, as well as the searchable archives of past issues, subscribe by clicking here. A one-year subscription is just $159; multiple-subscription discounts are available. For more information, or to see past issues, go to www.cpaleadership.com.

CPA Leadership Report is published monthly by CPA Leadership Institute, Inc., 150 North Michigan Avenue, Suite 2700, Chicago, IL 60601. Editor-in-Chief: Joel Shiffrin, CPA, MBA. [email protected]. 888-406-0088.

Please be sure to visit our Resource Center below for important information about Webinars, seminars, products, and services available to CPA firms.

To read a summary, click on any of the titles below marked with an (*).

Contents           Sources     Trends in the Accounting Profession   Journal of Accountancy   *How CPA Firms Will Change   Journal of Accountancy   How CPA Firms are Dealing with Risk   CPA Practice Management Forum   Can the Enron Syndrome Infect Your Firm?     CPA Practice Management Forum *The Future is Now for Technology     Journal of Accountancy *Innovative Approaches to Staffing Problems     Practical Accountant Are Managing Partners the Principal Cause of Staffing Problems   Practical Accountant Accounting Majors on the Increase   The CPA Letter When Partners Retire—How to Retain Their Knowledge   Partner Advantage Advisory   Making Retreats Successful   Accounting Web   Does Your Firm Have a Bank Line of Credit?   The CPA Journal   Reform Needed in Peer Review   Accounting Today   *Hourly Billing Creates a Conflict of Interest   Accounting Today   What Private Companies Need to Know About Sarbanes-Oxley   Accounting Today   Sarbanes-Oxley Software   Partner’s Report   Do You Know What Your Partners are Doing?   Partner’s Report   CPAs Serving as Outside Directors —What You Can Offer and How to Find the Opportunities   Journal of Accountancy   Underfunded Retirement Plans at CPA Firms   Partner’s Report   Criteria for Admission of Partners   Accounting Today   *How to Make Your Firm Commodity-Proof   Accounting Today   Getting a Return on Training Costs   Partner’s Report   PCAOB New Rules—Opportunities for CPAs   CPA Insider   Private Companies are Voluntarily Complying with Sarbanes-Oxley   Partner Advantage Advisory       *Profit Enhancement Bulletin — Invest an Hour and Increase Tax Season Productivity   XCM Solutions     Weiser Merges in Selznick & Witkowski   Bowman First Alert *Weaver and Tidwell Merges in Brown & Nelson   Bowman First Alert     A Niche Service You May be Able to Replicate   CPA Practice Management Forum Your Nonprofit Clients are Becoming More Sophisticated   Accounting Today     *Sales Gaffes Made by Women   Accounting Web   How to Improve Your Networking Skills     Partner’s Report Twenty-Five Ideas for Making Rain   CPA Practice Management Forum Nonprofits as Referral Sources   CPA Technology Advisor

Sponsors             An intuitive workflow and information automations solution for the accounting profession         Helps CPAs manage the tax preparation process     One of the world’s largest networks of large accounting firms              The largest community of accountants dedicated to the practice development of independent accountants   Software products for CPAs and their clients   Equips top associates with essential rainmaking skills   Partnering in cost segregation, a tax saving strategy           Estate Planning and Elder Law Center

Directory of Resources for Accounting Firms	Published by   CPA Leadership Institute, Inc.	Advisory Board for CPA                 Leadership Report
Consulting for CPA Firms Cost Segregation Studies Advanced Studies/Certifications Estate Planning   Should your firm be listed here?  If it should be, or you know of other qualified firms, call (312) 540-9841	Publisher and Editor-in-Chief:  Joel Shiffrin Associate Publisher: Teresa Cherry Managing Editor: Daniel Shiffrin Production Director: Janet Wynn Production Consultant: Nancy Hallstrom	Douglas H. Thompson, Jr., CPA Alachua, FL CEO, CPAmerica International Irwin Friedman, CPA Lincolnwood, IL Chairman, The Friedman Group, LLC Sally Glick Roseland, NJ Chief Marketing Officer, J.H. Cohn LLP 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 Frederiksen & Co., Inc and CPA Champions