OCTOBER 2011 BEST PRACTICE SUGGESTIONS

Every month we select some of the best ideas for practice improvement from the accounting literature. Here are the selections for October 2011.

BEST PRACTICE
LINK TO ARTICLE RESOURCE IN CPA LEADERSHIP REPORT
DATE OF ARTICLE
Management/People/Culture
Realization: Enhance realization, by valuing what you do and communicating that value to clients.
October 2011
Pay Partners for Their Nonbillable Time: A written goal-setting program can help measure intangibles.
October 2011
Profitability: Top earning firms have higher leverage than other firms. Higher billing rates don't necessarily mean higher profits. Leverage and other factors are more important.
October 2011
Lead Your Own Retreat: Use your own staff, do a SWOT analysis, include entire office, allow anonymous feedback, implement as soon as you get back to the office.
October 2011