ABOUT THE PROGRAM

The buzz word for the past decade around accounting firms has been "accountability."  While everyone seems to be talking about it, very few firms seem to be doing it.  And for accountability to work, it has to start with the partners.  This session will cover issues such as:

• Why our current system to pay our partners is failing

• Why tying retirement, compensation and ownership is a trap

• How the individual firms' model destroys accountability and locks in a very destructive partner pay system

• The roles and responsibilities of partners and then the importance of getting them to act like partners

• Some basics required of any pay-for-performance system

• Why the managing partner alone needs a compensation stick over the partners

• A sample Partner Compensation Framework

By the end of the session, we will have walked through some of the most commonly found formulas as well as how to structure new formulas either around leading or lagging indicators.  Upon completion of our two hour session, we will have uncovered the necessary hurdles you have to address in order to create a dynamic partner compensation system that will easily change with your business.

Partner or to-be-partner level

Prerequisite - none

No advance preparation is required.

This is a group Internet-based offering. The instructional method will be lecture with active group participation and will use visual aids.

REGISTRATION INFORMATION

Webinar is June 11, 2008.  Session starts at 12:30 EDT and ends at 2:30 EDT.

If you are not yet a member of CPA Leadership Institute, the fee is $245 including a one-year subscription to CPA Leadership Report.  To receive your free subscription and enroll, please click here.

For a member of CPA Leadership Institute, the fee is $81.  To enroll, please click here.

If you have a firmwide subscription to CPA Leadership Report, members of your firm can attend for as little as $60 per person. For details, please email Stephanie Klug at [email protected].

TESTIMONIALS

CPA Leadership Institute, Inc. is registered with the National Association of the State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of the individual courses for CPE credit.  Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417.  Web site: www.nasba.org.

Bill Reeb

Bill is a keynote speaker, author, trainer, coach, facilitator and management consultant.

Bill has been consulting for around three decades to all sizes of businesses, from Mom and Pop operations to Fortune 100 companies, primarily in the areas of organization, automation, and revenue generation. He decided to add the credentials of CPA behind his advisory work and became a CPA in 1986.

Prior to his life as a CPA, he worked for IBM in sales back in the late 70's. As an entrepreneur, Bill has founded seven small businesses in the retail, software development, and services sectors, including his current venture Succession Institute, LLC.

As an award-winning public speaker, Bill lectures throughout the U.S. and Canada to thousands of executives and CPAs each year. In addition, he has been featured on numerous video-taped and live television programs. As an award-winning author, Bill is internationally published, with around 200 columns and articles on a variety of management topics to his credit. Besides being published by various magazines, journals and newspapers, his newest book, published in July of 2005 by PCPS/AICPA, is titled Securing the Future: Building a Succession Plan for Your Firm. Bill has also written three editions of his first book, called Start Consulting; How to Walk the Talk, published by the American Institute of CPAs (AICPA) in the US and by the Certified General Accountants (CGA) in Canada.

Bill is an active volunteer within his profession, having served in many leadership roles in the AICPA such as being a current commissioner on the National Accreditation Commission. He has also served in numerous other roles including being an AICPA Council member several times, a member of Strategic Planning and Chair of the Consulting Services Committees. On a local level, Bill has been a member of the Executive Board, Strategic Planning, and Chaired several Technology Committees for the Texas Society of CPAs. Additionally, he has been honored by being named as a CPA Ambassador, was presented the Pathfinder Award and served as the Texas Vision Delegate. Accounting Today has recognized his efforts by listing him as one of the Top 100 Most Influential CPAs, CPA Magazine has named him as one of the Top 100 Most Influential Practitioners, and Inside Public Accounting has listed him as one of the accounting profession's most recommended consultants by CPA Firms.

Web Site: www.successioninstitute.com
E-Mail: [email protected]
 

CPE & Participation Hours Entitlement

Participants are entitled to 2 CPE credits.  For more information, please click here.

Refunds will be issued to participants, less a $75 cancellation fee, provided they cancel prior to the day of the event.  All complaints or grievances should be directed to Joel Shiffrin, President, at 888-406-0088 or [email protected].