Vol. 11 No. 3 March 2013

CPA Leadership Report is the monthly review of the most important management and leadership articles in the accounting press. It includes electronic links to publishers' Websites, where you can find the original complete articles. Our editors review more than 35 publications every month.

Members of CPA Leadership Institute can access the reviews below. Non-members can become familiar with CPA Leadership Report by reading the articles marked with an *.

Click here to learn about the comprehensive benefits of membership and the extraordinary value of our Professional program level where you can attend all our Webinars at no cost.

   

*A System for Partner Accountability
To drive partner accountability, you need a system that establishes and communicates expectations, monitors and measures partner progress, and provides rewards and sanctions for partner performance.
Journal of Accountancy

Tackling Partner Accountability
Industry experts acknowledge the challenges of accountability and offer suggestions on how to implement it.
Accounting Today

Qualitative Performance Metrics for CPA Firms
There are many metrics firms use to evaluate quantitative performance. Here are 12 metrics that can provide more qualitative feedback.
AICPA CPA Insider

How Poor Internal Communication Can Cost Your Firm
Relegating internal communications to second-class status can be costly, even to the smallest firm.
CPA Trendlines

Value Billing Makes CPAs More Human
Value billing forces us to stop hunting billable hours and start building relationships.
CPA Success

Develop Your Firm's Future Leaders
Five practical ideas for investing in your team's future leaders.
Optimum Strategies, LLC

Risk Short-Term Loss for Long-Term Gain
Is your firm willing to take appropriate risks to achieve growth and development?
RedZone Play of the Month

Setting the Base Salary: What's a Partner's "Street Value"?
Firms look at each partner's origination and client billing responsibility, relationships with clients, leadership, role in the firm, and expertise. For most firms, the base salary is 60 to 90 percent of total compensation.
The Marc Rosenberg Blog

Does Your Firm Have a "True" Managing Partner?
If an MP doesn't manage partner performance, it's very difficult for the MP to have a meaningful impact on growth and profitability.
CPA Trendlines

Marketing and CPA Firms -- Who to Hire?
Rita Keller explains why CPA firms find it difficult to hire the right marketing professional for their teams.
Solutions for CPA Firm Leaders

How Does Your Firm Rate?
Use this 360-degree review to assess your firm's culture and effectiveness.
Partner Insights

Getting to Know Your Rising Stars: A Questionnaire
Twelve questions to help you mold your firm's future leaders.
AICPA CPA Insider

CPE webinars for CPAs and CPA firm leaders. Thought leadership articles from leading experts. Annotated checklists on M&A, partner compensation, client services, and more. Turnkey blog/newsletter program for CPA firms.

  

*Laying a Foundation for Effective Succession Planning -- Continued
Ultimately, effective succession planning involves implementing best practices for running a firm. But to secure partner buy-in, the first step is to ensure a fair benefit for partners approaching retirement.
Public Practice

The Two-Step Deal: A New Succession Approach for Sole Practitioners
Ninety-four percent of sole practitioners do not have a practice continuation agreement with another firm. One relatively new option is a "two-step deal" with a larger firm.
The Managing Partner Advisor

Partner Agreements Should Reflect Declining Goodwill Values
Goodwill values used for partner retirements have trended downward over the last decade or so. Are your partner agreements up-to-date?
The Managing Partner Advisor

CPE webinars for CPAs and CPA firm leaders. Thought leadership articles from leading experts. Annotated checklists on M&A, partner compensation, client services, and more. Turnkey blog/newsletter program for CPA firms.

  

*Put Your Clients First -- You Won't Be Sorry
How a marketing culture leads to increased profitability.
CPA Practice Management Forum

Content Marketing for Your Firm
Find out what content marketing can do for your firm, and learn how to create an effective content marketing plan.
CPA Practice Management Forum

Maximize Your Team's Rainmaking Potential
Discover four types of rainmakers within CPA firms.
CoachingConcepts

Tips for Improving Your Marketing
Twenty-one ideas you and your partners can implement starting today.
Partner Insights

CPE webinars for CPAs and CPA firm leaders. Thought leadership articles from leading experts. Annotated checklists on M&A, partner compensation, client services, and more. Turnkey blog/newsletter program for CPA firms.

  

Accountants' Liability: Minimizing Your Exposure
Accounting practice has inherent liability risks that can be planned for and minimized, but not eliminated completely.
Public Practice

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Published by CPA Leadership Institute, Inc.

• Joel Shiffrin, Publisher and Editor-in-Chief • Daniel Shiffrin, Managing Editor
• Angela Ruggiero, Director of Member Services • Hohna Hartley, Assistant Editor

   © Copyright 2013 CPA Leadership Institute, Inc.
Reproduction or distribution of this newsletter is prohibited   

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