SEPTEMBER 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 September 2012.
BEST PRACTICE
LINK TO ARTICLE RESOURCE IN CPA LEADERSHIP REPORT
DATE OF ARTICLE
Management/People/Culture
Partner Compensation: Some performance pay should be allocated at the discretion of the MP.
September 2012
Role of MP: New MP should initially have a fixed term and sufficient authority to do the job.
September 2012
Maximizing Income: The most profitable firms have the highest leverage, but not necessarily the highest average billing rates. In fact as you increase leverage you may decrease your average billing rate.
September 2012