You are a 20 th -c entury style CPA and you want to become a 21 st -c entury advisor to your high-net-worth business-owner clients. The question is how to make that transition? We all know that the CPA landscape is rapidly changing – driven by…
Partner compensation is the perfect gauge for firm success, partner achievement, and partner happiness. Many firms have intricate compensation systems while others are less complicated. The common ground is that the system is expected to drive a…
Accounting Landscape Overview For many years, merger and acquisition (M&A) activity in the public accounting industry was primarily driven by succession planning issues. Surely, succession challenges still play a role in a firm’s decision to sell or…
Here are five lessons to put you on the road to succession success: Time is money. The longer the parties take to come to an agreement and paper the deal, the more likely it is that the contemplated terms will change. Depending on which side of the…
