Best Practice Suggestions from
the October 2016 CPA Leadership Report
Every month we select some of the best ideas for practice improvement from the accounting literature. Here are this month's selections.
BEST PRACTICE
LINK TO ARTICLE RESOURCE IN CPA LEADERSHIP REPORT
DATE OF ARTICLE
Top Issue Facing Accounting Firms: Baker believes loss of relevance is the top issue facing the accounting profession today, observing that "using financial statements to run -- or invest in -- a modern-day intellectual capital organization is the equivalent of timing your cookies with your smoke alarm."
October 2016
What Do Successful Firms Do?: Here is a list of 13 best practices of successful firms.
October 2016
Professional Liability Risks: The complexity of multistate taxation, combined with the likelihood that a client hit with additional taxes will attempt to recover those amounts from the CPA, makes this area particularly dangerous.
October 2016