Insight from experts on current issues for CPA firms, partners, and managing partners.
Source: The Whetstone Group Your clients need a business advisor, especially in these uncertain times. More than just handling the logistics of their accounting needs, clients need guidance from someone who understands what opportunities are…
In good times and bad, service line strength at an accounting practice is valuable. Here are 10 very appealing service areas and the reasons they are worthy of consideration at your CPA firm. High Net Worth. In every economy, there will always be…
The following includes excerpts, reproduced with permission, from an article by Jody Grunden. This article by Jody Grunden looks at four types of billing. Hourly Billing is billing the client a standard hourly rate based on the amount of time it…
The following includes excerpts, reproduced with permission, from a blog post by Marc Rosenberg. Many individuals across the country are now working from home. With such a quick shift to remote work, maintaining your culture may feel like a lost…
Source: a ccountingWeb Are your small business clients enduring a significant loss of business during the coronavirus shutdown? As a trusted advisor, you can offer guidance to help your clients survive these difficult times. Here are some basic…
Source: The Rosenberg Associates The following includes excerpts, reproduced with permission, from a blog post by Marc Rosenberg. The coronavirus crisis has cast a surreal cloud over every aspect of our lives. One of the biggest concerns at CPA firms…
Source: Journal of Accountancy In a recent Journal of Accountancy article, Ken Tysiac addressed the changing landscape of auditing due to social distancing requirements. Firms may have resisted remote auditing prior to the pandemic because they…
Source: CPA Trendlines The following includes excerpts, reproduced with permission, from an article by Jess Coburn. The Coronavirus crisis requires a total re-evaluation of how we conduct our business. For firms with employees it is critical to…
Source: CPA Trendlines The following includes excerpts, reproduced with permission, from an article by Sandi Levya. Here are seven things to consider doing differently in 2020 that will help take you to the next level: Move from reactive to…
Does your firm culture inspire your partners to grow as professionals, gain new business, and work with each other to accomplish firm goals? Or do your partners accomplish their own work in their own way, with little or no accountability? Poor…
Source: Convergence Coaching The following includes excerpts, reproduced with permission, from a blog post by Brianna Johnson. Let’s explore the three most important [business development] strategies for maintaining your rainmaking focus during peak…
Source: The Rosenberg Associates The following includes excerpts, reproduced with permission, from an article by Marc Rosenberg. With so many sellers flooding the market, buyers are able to cherry-pick the best firms and offer prices that are often…
Would you like to earn the income you’re worth and still have time to enjoy it? Of course! It might sound too good to be true, but I promise—it’s not. If you’re motivated to implement the following advice, you will see results. Consider your role as…
Source: AccountingToday Wondering about blockchain and how it will affect the world of accounting? Accounting Today recently featured an article by Antoinette Alexander explaining blockchain and its implications. Here’s a quick overview: What is…
Source: Journal of Accountancy In a recent Journal of Accountancy article, Jeff Drew and Ken Tysiac looked ahead at 2020 to help accountants know what to expect. Here’s a quick overview: Accounting and Auditing The FASB has delayed the implementation…
