FEBRUARY 2012 BEST PRACTICE SUGGESTIONS

Every month we select some of the best ideas for practice improvement from the accounting literature. Here are the selections for February 2012.

BEST PRACTICE
LINK TO ARTICLE RESOURCE IN CPA LEADERSHIP REPORT
DATE OF ARTICLE
Management/People/Culture
Partnership Agreements: Should include mandatory retirement, notice and client transition, caps on retirement payments, competition, vesting, etc.
February 2012
Stop Denying Reality: If believe you can succeed without leadership or a plan, or if you avoid merging simply because you don't like the idea of merging, etc.
February 2012
Be a Source for Outsourcing: Providing outsourced services to your clients can cost them one-third less than hiring an in-house financial executive.
February 2012