Source: VeraSage Institute The following includes excerpts, reproduced with permission, from a blog entry by Ron Baker. Masters of Management is the update to one of my favorite business books of al...more
Source: Solutions for CPA Firm Leaders The following includes excerpts, reproduced with permission, from a blog post by Rita Keller. How are you evaluating your accounting firm team members? How ...more
Source: ConvergenceCoaching, LLC Inspired Ideas The following includes excerpts, reproduced with permission, from a blog entry by Tamera Loerzel. Success in implementing nonmandatory Saturdays requi...more
Source: Solutions for CPA Firm Leaders The following includes excerpts, reproduced with permission, from a blog post by Rita Keller. There is an excellent post by Robert Sutton on Fast Company title...more
Source: RedZone, Play of the Month The following includes excerpts, reproduced with permission, from an article by Accountants Advisory Group. The most successful CPA firms understand that their goa...more
Source: AICPA CPA Insider The following includes excerpts, reproduced with permission, from an article by Jason Rosenthal and Nicholas Gowen. While cloud computing – and particularly data stor...more
Source: The Marc Rosenberg Blog The following includes excerpts, reproduced with permission, from a blog post by Marc Rosenberg. Here are 10 partner agreement areas we see neglected time and time ag...more
Source: Journal of Accountancy Author Donny Shimamoto suggests that CPA firms should approach the IT budgeting process much like financial planners would, aligning their IT strategies with their busi...more
Source: CPA Practice Management Forum Mary C. Werner offers guidance for those interested in becoming a partner. Werner has drawn on her experience as a former partner and as a current consultant to ...more
Source: Accounting Today In this article, L. Gary Boomer discusses the trend of IT professionals becoming firm leaders because their technology savvy is increasingly relevant to a firm’s future...more
Source: CPA Trendlines The following includes excerpts, reproduced with permission, from an article by Bruce W. Marcus. The accounting profession is so bound by traditions, rules, regulations, and l...more
Source: CPA Trendlines The following includes excerpts, reproduced with permission, from an article by Marc Rosenberg. I have never ceased to be amazed at the lack of understanding that partners &nd...more
Source: Solutions for CPA Firm Leaders The following is a complete reprint, reproduced with permission, of a blog post by Rita Keller. I have worked in the CPA profession for over 30 years. I have s...more
Source: Journal of Accountancy In this article, the author offers suggestions for improving these practices, including: Review each of your services to be sure you understand the value they provid...more
Source: CPA Trendlines The following includes excerpts, reproduced with permission, from an article by Steve Erickson. Tips for improving the engagement letter process: Have face-to-face meetings...more
Source: CPA Trendlines The following includes excerpts, reproduced with permission, from an article by August Aquila. Here are seven characteristics that form the foundation of a great partnership. ...more
Source: The Marc Rosenberg Blog The following includes excerpts, reproduced with permission, from a blog post by Marc Rosenberg. Accounting Today released the 2011 Best Firms to Work For list in the...more
Source: Accounting Today In this article, Danielle Lee examines the value that high-level office administrators can bring to a firm. Firms without an overall administrator may be allowing partners to...more
Source: CPA Practice Management Forum According to August Aquila, firms cannot afford to have underperforming partners in the current economy. To improve partner accountability, firms should develop ...more
Source: AICPA CPA Insider The following includes excerpts, reproduced with permission, from an article by Jennifer Wilson. When firm leaders are unable to formulate and articulate a clear vision, th...more
Source: CPA Trendlines The following is adapted, with permission, from an article in CPA Trendlines. What are your critical challenges for 2012, and what can do you about them? A number of the profe...more
Source: Partner Insights The following includes excerpts, reproduced with permission, from an article by Eric J. Romero. Unconventional leaders are fanatical about their products and services, rathe...more
Source: Public Practice In his previous column, Bill Reeb commented that accountability is one of the top issues for CPA firms today, but few firms do it well. In this column, Reeb examines “wh...more
Source: Accounting Today Everyone’s talking about audit reform, and now the European Union may do something about it. Recently, the European Commission proposed legislation designed to delineat...more
Source: CPA Trendlines Results of a continuing CPA Trendlines survey – “New Plans, Strategies, and Resolutions for the Year Ahead” – show that CPAs are resolved “to embr...more
Source: CPA Practice Management Forum Most firms have clients that they'd be better off without. The cost of keeping these clients – in terms of money, resources, and stress – doesn't jus...more
Source: VeraSage Institute The AICPA's Mark J. Koziel responded to Richard Muscio's critique (see above) of the CPA Horizons 2025 Report. Here are a few highlights: Regarding Muscio's comment abou...more
Source: VeraSage Institute Recently, the AICPA published its CPA Horizons 2025 Report. The goal was to examine trends affecting CPAs and to gather “opinions on how these trends will impact CPAs...more
Source: The Marc Rosenberg Blog The following complete blog post by Marc Rosenberg is reproduced with permission. The best staff bonus plans I’ve seen base bonus payouts on two factors: how we...more
Source: Partner Insights The following includes excerpts, reproduced with permission, from an article by Dr. Rhonda Savage. You come to work grumpy. Make a mental choice the moment you wake up in ...more
Source: Accounting Today In this article, Daniel Hood highlights the outsourcing services offered by Piascik & Associates, a Richmond, Va.-based firm. “Piascik Outsourced” began in re...more
Source: RedZone, Play of the Month The following includes excerpts, reproduced with permission, from an article contributed by Accountants Advisory Group. The CPA profession has changed significantl...more
Source: ConvergenceCoaching, LLC Inspired Ideas The following includes excerpts, reproduced with permission, from a blog entry by Jack Lee. It’s hard to believe I am completing my second year ...more
Source: Partner Insights The following is a complete article by August Aquila, reproduced with permission. Here are four growth strategies to embrace in 2012. Beef up your sales and marketing eff...more
Source: The Managing Partner Advisor A partnership agreement is a critical tool for defining firm-partner relationships. Yet many firms either have no agreement or haven’t reviewed their agreem...more
Source: Accounting Today Consultant Gary Boomer suggests that CPAs can learn valuable lessons from The Checklist Manifesto: How to Get Things Right, by Atul Gawande. Even though the book’s less...more
Source: CPA Practice Management Forum Taking a cue from the Chicago Bulls' championship teams of the 1990s, consultant Allan Koltin outlines what he calls the “triangle offense” – a...more
The "cool" firms are eliminating mandatory Saturdays....more
The problem occurs when the pursuit of profit is driven by efficiency rather than by innovation and customer satisfaction....more
Learn from four firms that each chose a different path in offering their clients payroll services....more
In 2011, it seems that staff are thinking the honeymoon is coming to an end....more
Who should your firm hire to make the most of its time, talent, and money?...more
The key to long-term, sustainable success....more
Predictions and trends you may wish to consider in your strategic planning for 2012 and beyond. RedZone, Play of the Month...more
The AICPA's Private Companies Practice Section Top Talent Survey reveals keys to attracting and retaining "high-potential" CPAs and shows how their priorities have changed over the last five years....more
Most new MPs enter the job with little training and few mentors to guide them. Consultant Gary Adamson offers some suggestions....more
Accountability is one of the top issues for CPA firms today but, according to consultant Bill Reeb, few firms do it well....more
Source: Inside Public Accounting The following includes excerpts from the article "Partner Compensation: What Goes Into Compensating Partners." Below, IPA presents results of the 2009 An...more
Source: AICPA CPA Insider Excerpts from this article by Rick Telberg are reprinted with permission from the AICPA. Cutting back on continuing professional education (CPE) is probably the singularly ...more
Source: The Management Catalyst Excerpts reprinted with permission from The Rosenberg Associates, Ltd. In February, the Rosenberg Associates, Ltd., surveyed 40 MPs from CPA firms across the country ...more
Source: Practical Accountant This article offers tips for attracting and retaining Generation Y and younger Generation X staffers. Here are some of the highlights: Get younger staff members involv...more
Source: VeraSage Institute The following blog entry is reproduced in its entirety with permission from the VeraSage Institute. Ed Kless - 05/04/2009 An open letter to accountants, lawyers, technolo...more
Source: Possibilities for CPA Firm Leaders Following are excerpts from a blog entry by Rita Keller, reproduced with permission. I work almost exclusively with the people who are responsible for mana...more
Source: MarkeTrends Capstone Marketing and Bay Street Group, LLC, have sifted through thousands of survey responses in an effort to quantify how certain management practices correlate with CPA firm s...more
Source: Journal of Accountancy The AICPA's revised peer-review standards, which took effect at the beginning of this year, have far-reaching implications for peer reviewers as well as firms being rev...more
Source: RedZone, Play of the Month Excerpts reprinted with permission from Accountants Advisory Group. An important and often overlooked aspect of distributing annual profits is the message each par...more
Source: Florida CPA Today Author Sandra Wiley offers several innovative strategies for recruiting talented staff in a troubled economy. Examples include: Consider whether someone really needs an a...more
Source: Accounting Today In this article, Gale Crosley urges CPAs to view themselves as consultants. Most CPAs naturally move beyond pure compliance work and become trusted business counselors to the...more
Source: Partner Insights Partner accountability is the theme of this article by August Aquila. Here are highlights, excerpted with permission. In my experience — from being a partner in a top ...more
Source: CPA Trendlines Following are excerpts from a May 22, 2009, blog post by Rick Telberg. If this recession has been about anything, it’s been about failed institutions and failed systems...more
Source: Partner's Report Excerpts reprinted with permission from IOMA, Inc. Even when the economy is especially challenging, a good firm can surmount many obstacles that would topple a weak one. At ...more
Source: Partner’s Report In today’s tough economy, many CPA firms, like other businesses, are considering layoffs. Although this may be a good opportunity to eliminate underperformers, consider the...more
Source: Possibilities for CPA Firm Leaders Following are excerpts from a blog entry by Rita Keller, reproduced with permission. “I am sick and tired of these darn clients!” I am sure you have neve...more
Source: Partner Insights Partner unity is the theme of this article by August Aquila. Here are highlights, excerpted with permission. Everyone knows that partner unity is one of the keys for succe...more
Source: VeraSage Institute The following has been excerpted, with permission, from the VeraSage Institute blog. Ed Kless - 04/20/2009 Kodak in a recent open letter to their customers announced ch...more
Source: Inside Public Accounting Following are excerpts from the article “Double-Digit Billing Rate Increases? In This Economy?” Imagine the reaction if at your next partner meeting you stood up,...more
Source: Inside Public Accounting Following are excerpts from the article “Double-Digit Billing Rate Increases? In This Economy?” Imagine the reaction if at your next partner meeting you stood up, ...more
Source: AICPA CPA Insider Excerpts reprinted with permission from the AICPA. The key to mentoring is to implement a well-structured and well-supported program from day one. Here are eight critical s...more
Source: Accounting Technology The most effective and efficient CPA firms are the ones that best leverage rapidly changing technology, and that means having the right person in the IT leadershi...more
Source: Public Practice The following includes excerpts from an article by Bill Reeb, reprinted with permission from the Texas Society of CPAs. In this continuing series about allocating equity am...more
Source: Journal of Accountancy Part one of this two-part article reviewed some reasons that CPA firm mergers fail. Part two discusses the importance of a properly designed and executed transition p...more
Source: Service Minded Unless you live on another planet, you’ve heard about Susan Boyle, the unlikely contestant on Britain’s Got Talent, who went from nobody to worldwide sensation literally over...more
Source: Services Insider Blog Articles on social networking have been popular in recent literature. Here are some excerpts from one of the best. Mike Schulz (see below) writes: “If your buyers,...more
Source: Golden Practices Following are excerpts from a recent blog posting by Michelle Golden, president of Golden Marketing Inc., which helps professional service firms, lawyers, CPAs and financ...more
Source: Possibilities for CPA Firm Leaders Following are excerpts from a blog entry by Rita Keller, reproduced with permission. Think about people walking on the beach, early morning (like ...more
Source: Innovative Practice Management Following is an excerpt, reproduced with permission, from Mark Bailey’s recent blog entry titled “Get Paid Before the Tears of Gratitude Have Dried.” M...more
...why should CPAs be interested in managing?...more
Gary Boomer believes the profession will fundamentally change....more
Source: Partner Insights Returning to basics is the theme of this article by August Aquila. Here are highlights, excerpted with permission. Look at clients that are only using one of your ser...more
The AICPA recently opened the CPA Job Finder on CPA2Biz for free postings to all AICPA member CPA firms....more
...from Mark Bailey’s recent blog entry titled Thinning the Herd....more
They will be resilient even though they have not been through hard times before....more
AOMAR interviewed several consultants to the profession on how the recession is affecting CPA firms....more
In these troubled times, what is the outlook for mergers of accounting firms?...more
Source: Partner Insights This article from Aquila Global Advisors, titled “How To Help Underperformers,” was excerpted, with permission, from Patrick J. McKenna and David H. Maister, authors of First...more
Source: CPA Trendlines The following, reprinted with permission, is excerpted from a February 3, 2009, blog entry by Rick Telberg. AICPA Top Ten Tech Issues 2009: Security and Privacy Lead the List ...more
Source: Monthly Memo from The Rainmaker Consulting Group The following are excerpts from an article by Troy Waugh, “Be a Bear in This Bear Market.” The first signs of a client’s financial trouble wi...more
Source: Public Practice When 50-50 partners don’t agree, the business can simply split into two, with each partner going his or her own way. But when a third partner is admitted, problems escalate e...more
Source: Partner Insights CNBC commentator Douglas Kass combined the words depression and recession and came up with “Decession.” In this article, reproduced with permission, August Aquila gives some...more
Source: Accounting Today Here are three exposures that can be particularly risky in a tough economy: Mark-to-market accounting permits the client to determine market value for investments that ca...more
Source: Public Practice The following includes excerpts from an article by consultant Marc Rosenberg, with input from Jennifer Wilson, Steve Weinstein, Bob Martin, August Aquila, and Rita Keller. He...more
Source: Inside Public Accounting Following are excerpts from the article “A Career Coach For Staff May Be Just The Right Medicine For Weathering Tough Times.” Jones and Roth, a firm of 80 in Oregon,...more
Source: Practical Accountant Here are a few of the green initiatives reported by accounting firms to Practical Accountant: Recycle ink, batteries, and cell phones. Consider vegetable ink in lieu...more
