Practice Management Articles continued
- Article Dates:
- 2005
- All Months
Displaying Matches 1 thru 99 of 175 Found. NEXTLAST
Client Survey sample questions....
Investments by CPA firms in technology, including telephone systems, maintenance, and training fell from about 6 percent in 2002 to about 5 percent in 2004....
Links to technology web sites....
Malpractice Insurance Providers contact information, rating, and more....
Focus groups usually include business leaders and clients who meet once to provide insight into your firm....
As consolidation continues in the accounting profession, many firms are either merging up, or going out....
Here are some examples of partner and firm behavior that may contribute to malpractice and ethics risk....
Here are some things you can do to alleviate cash flow problems caused by poor collections....
Business relationships today are sometimes conducted solely through e-mail....
Some reasons why most of the firms on the Best of the Best list are large firms....
Three different forms of governance and comparing them to governance in societies....
IPA’s annual survey of accounting firms for 2005 shows the challenges facing accounting firms....
IPA recognizes smaller firms that are not on the list, but are noteworthy for a variety of reasons....
Being different is worthwhile only if it means giving clients what they really want....
“If everything is important, nothing is important.” In other words, don’t set too many goals....
Here are some tips to help you cope with the next tax season....
Some outside the box ideas on recruiting....
The report makes no distinction between accounts in public practice and industry....
The AOMAR 2006 CPA Firm Practice Management Survey results for the billing rates of 94 firms....
Following are selected statistics from the National MAP Survey of CPA Firm Statistics for 1004....
Further data from National MAP Survey of CPA Firm Statistics for 1004....
Large firms are more aware of the need to create opportunities for women....
Few leaders of accounting firms have identified the obstacles to advancement for women....
Every year, based on a survey of hundreds of firms, IPA selects the Best of the Best firms....
Survey results for the compensation questions....
IPA selects the Best of the Best firms....
The profession is moving toward principles-based accounting and away from specific rules....
Retreats should be different from typical meetings, so make them special....
A banker explains how small- or medium-size CPA firms can use lines of credit....
The New York State Society of CPAs created the Quality Enhancement Policy Committee to develop a peer review system attuned to the current environment....
A conflict of interest is inherent when firms bill by the hour because clients are interested in value only, while CPAs are more interested in time....
Even though your client base may not include public companies, you should be prepared to advise your private company clients on SOX...
Current offerings have been improved and will eventually be integrated into business process applications....
The KPMG criminal tax case, familiar to most CPAs by now and which cost the firm more than $450 million, may be an isolated Big Four problem, but it also offers a lesson to small firms....
The KPMG criminal tax case, familiar to most CPAs by now and which cost the firm more than $450 million, may be an isolated Big Four problem, but it also offers a lesson to small firms....
Underfunded retirement plans is one of the most significant reasons CPA firms are sold....
Six characteristics of great partners....
The accounting profession was transformed in the 1980’s by technology, which changed not only how, but what CPAs do....
Services on which CPAs traditionally thrived are becoming obsolete or commodities offering low profits....
How to calculate payback on your investment in training....
New rules by the Public Company Accounting Oversight Board may provide tax service opportunities for accountants....
Private companies are citing the following benefits of voluntary compliance with Sarbanes-Oxley....
While many accountants believe Sarbanes-Oxley was a response to unethical behavior of just a few people in the accounting profession, it has nevertheless caused changes in accounting firm ethics and operations....
An Enron type fraud can occur at smaller firms, though the probability of such is low....
Technologies CPAs should consider now and future technologies....
National firms are looking for people with experience and are raiding local firms for them....
Staffing remains a major problem for one primary reason: the managing partner....
A summary of The Supply of Accounting Graduates and the Demand for Public Accounting Recruits....
When partners retire, they may take with them their knowledge of firm history, information about clients, relationships with referral sources and clients, etc....
One practitioner said he never had a favorable view of outsourcing, but used it as a last resort....
Practical Accountant annually recognizes CPA firms that have launched innovative services....
Management problems including “incompatible service areas,” and sub-par training programs, can increase your exposure to professional liability....
L. Gary Boomer, Boomer Consulting, Manhattan, KS, says “firms can be successful with shared services. However, it is impossible to move the firm from generation to generation without a shared vision.”...
Marketing directors should be evaluated on the degree to which they accomplish their goals....
Partner goals should be set in eight areas....
Forming consortiums of firms to obtain better plans and reduce costs is an idea developed at law firms....
Inside Public Accounting (IPA), has made its annual selection of the All-Star firms. These are firms that have outperformed the hundreds of firms in the IPA annual analysis of firms....
A study by Foley & Lardner, a law firm, reveals that 78 percent of reporting private companies have voluntarily complied with some Sarbanes-Oxley rules....
Fab systems may be the next technological revolution, allowing people to manufacture appliances in their home laboratories....
While accounting firms are often acquired for a multiple of 1.25 times annual fees, partner retirement benefits may be based on lower multiples, often less than one year’s annual fees....
Katrina was a warning that disasters of various kinds can strike almost anywhere....
Some disconcerting information on the dangers of unintended use of e-mails....
Plante & Moran, a large CPA firm in Southfield, Michigan, has designated communication as a core competency, and believes it must be an essential element of firm culture....
Different personalities react in different ways to overload....
Interviews of practitioners and consultants revealed these hurdles to implementing document management systems....
Here is a list of tax preparation vendors....
Although some commentators supported a total prohibition on tax services provided by auditors of public companies, the new rules don’t go that far....
Private company clients sometimes request CPAs to use both GAAS and PCAOB auditing standards....
XBRL is “a new global open standard for formatting financial information, [that] makes reporting and analysis faster, cheaper and significantly easier to automate....
Interviews of 341 CEOs of private companies reveal that Sarbanes-Oxley appeals to many of them....
A graphic depiction of the pricing process as it should be....
Auditor independence was profoundly affected by the elimination of the ethical restraints on marketing in the 1970s....
Banks are offering tax preparation services, bookkeeping, business analyses, and payroll services....
Growth requires more people in your firm, yet many practitioners wonder whether it means a deterioration in service....
Four trends in partner compensation systems....
The executive score card to measure quantitative and non-quantitative contributions by practice leaders to the firm’s performance....
Because capital may have an impact on partner compensation, this article begins with a discussion of the variations among firms in partner capital contributions....
A practical example of how to align compensation with the firm’s strategic plan....
Better management means training staff to be accountable....
People born between 1964 and 1975 are considered to be part of Generation X....
Generations Comparison Chart...
Here are some services offered by consultants interviewed...
The value of an accounting practice depends on many variables....
Alliances among CPA firms are becoming creative....
There can be legal and credibility consequences from your inability to retrieve certain e-mails....
Most business owners say their accountant is their most important advisor....
A report says leaders of accounting firms should be devoting about 23 hours a week in meetings....
When you need to communicate time-sensitive information or tax deadline alerts to all your clients, you can follow the step-by-step process outlined in this article using Word and Outlook....
Here are a few technology trends discovered at the AICPA Tech Show....
It takes two to six times longer for an untrained employee to learn a skill than for one who is trained....
Jennifer Lee Wilson, ConvergenceCoaching LLC, Omaha NE, compares “cultures that value ownership” with “cultures that value helpers.”...
This case study on the implementation of a paperless system in a 30-person firm, was written by L. Gary Boomer, Boomer Consulting, Manhattan, Kansas....
L. Gary Boomer, Boomer Consulting, Manhattan KS, describes two kinds of firms....
Partners in CPA firms may behave like partners in law firms, though law firm partners are thought to be more problematic....
Advice on partnership agreements....
William L. Reeb, CPA and consultant, and award-winning author and lecturer, provides the following case study and comments....
A federal court ruled in June that the Equal Employment Opportunity Commission can seek damages against a Chicago law firm....
CPA firms have long been plagued by failure to implement their plans....
Ten major Canadian law firms sponsored a study conducted by Catalyst on work/life balance issues....