September 2016 CPA Leadership Report

Vol. 14 No. 9 September 2016

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. The CPA Leadership Report now includes: Leadership Forum Report, Best Practices Suggestions and Member Surveys.


Featured Webcast - Outsourcing CFO Services Watch the highlights of one of our client education videos. Could your clients benefit from this video? In this presentation Christian Wielage discusses the importance of budgeting, forecasting and planning for more profit. During this session take a look at the necessary elements of these essential exercises. Client Knowledge Center
Management Practices That Create Conflict Polarizing issues that have been hotly debated among CPA firm managers for decades. The Marc Rosenberg Blog*
The End of FLP Valuation Discounts? The Treasury Department issued proposed regulations designed to limit or eliminate these discounts. Accounting Today
Scouting for Talent When it comes to recruiting, CPAs could learn a thing or two from college coaches. Journal of Accountancy
Is Your Tax Practice Exposing You to Liability? Most professional liability claims involve taxes. Here are several common areas that can lead to liability. Accounting Today*
Industry Changes Create Challenges for Small Firms During the past 15 to 20 years, huge changes have impacted the accounting profession. Ric Payne's Blog
Want to Improve Your Firm? Think "Different"! How to differentiate your firm and why it's worth the effort. The Marc Rosenberg Blog
Don't Lose Out on Partial Disposition Benefits It's critical for taxpayers to understand the timing requirements for making a partial disposition election. If they don't, both of the benefits can be lost. Journal of Accountancy
Does Your Firm Need a COO? Experienced CPA COOs save partners 40 hours per week and more. Solutions for CPA Firm Leaders*
A Multidisciplinary Approach to Client Service Most clients don't have a team; they have a collection of advisors they consult as needed. Accounting Today
Three Ways to Deduct the Cost of Business Property An overview of taxpayers' options for deducting, rather than depreciating, the cost of property used in business. Journal of Accountancy
Why Firm Leaders Lose Sleep The top three challenges keeping leaders up at night. accountingWeb
Why Specialize? Becoming well-known for a specialty sets your firm apart. Solutions for CPA Firm Leaders
The CPA as Financial Planner Why CPAs are well-suited for financial planning. CPA Trendlines
Improve Your Experienced-Hire Recruiting Kick start your experienced-hire recruiting efforts with these three steps. ConvergenceCoaching
Embrace the Future with Millennials How one firm attracts and retains Millennials. Accounting Today
Build a Social Firm Don't just use social media. Operate a "social" firm. CPA Trendlines

Closing the Book on the Book of Business Experts weigh in on ways firms can move away from the book of business mentality to more of a team approach. CPA Leadership Institute Leadership Forum Report

Use of Client Newsletters More than 62 percent of firms send a client newsletter, and nearly half of them purchase it from an outside source. CPA Leadership Institute Practice Management Survey*

Last Months Best Practices Ideas If you didn't have time to read the entire report, read these three "can't miss" articles, which can help your firm continuously improve. CPA Leadership Institute Best Practices Suggestions

Published by CPA Leadership Institute, Inc. Joel Shiffrin - Publisher, Editor-in-Chief Dan Shiffrin - Managing Editor Hohna Harley - Assistant Editor © Copyright 2015 CPA Leadership Institute, Inc. Reproduction or distribution of this newsletter is prohibited