December 1, 2012
Public accounting firms all have the same business goal – to make a profit. It sounds simple, so what keeps so many practices from being as profitable as they’d like? The answer is poor planning and inconsistent delivery.
November 26, 2012
Client relationships are the lifeblood of any accounting firm and should be maintained in an efficient, organized system. Too often, firms relay on a number of disparate back office systems to manage this critical information resulting in redundancy, inconsistency and missed opportunities.
November 26, 2012
Every business owner knows that flexibility is a requirement for success. Being able to adapt to changing customer needs, vendor issues and work schedules is a part of the job requirement, whether the business is a shoe store, a restaurant or an accounting firm.
November 26, 2012
There is a good lesson here for small firms. It’s been my experience that many firms are challenged in the areas of hiring the right people and applying the appropriate level of leadership to allow staff to expand business. Instead, many small firm owners build their business around their individual skill set and then wonder…
November 26, 2012
CPA firms, as well as their small business clients headed by those of the “baby boomer” generation, may feel the urgency for an in-house succession plan to be certain their firm or business is headed in the right direction-to build business value and secure a future for themselves as well as their key employees.
November 26, 2012
Firms who recently saw a loss of clients are now looking to shore up and consider building again, not only building bigger firms, but building more successful ones.
November 8, 2012
Almost every firm that I work with has a succession issue in the near term. Baby boomers are retiring at an accelerating rate and firms are coping (or not) with the transition issues surrounding those exits.
November 5, 2012
KPMG LLP has announced the formation of a business alliance with Workday aimed at helping clients streamline and strengthen their financial management and human capital management (HCM) processes and operational effectiveness.
October 29, 2012
I’ve spent the last 30 years running my accounting firm. During many of the early years, I worked as a technician, performing a lot of the day-to-day work myself. When I took over the position of Executive Editor for the CPA Practice Advisor and simultaneously launched the consulting arm of my firm, I knew I…
October 29, 2012
Andrew Poulos has never had a regular office job... Fortunately, technology and the rest of the professional world caught up with his
October 23, 2012
CPA Practice Advisor Announces Winners of the 2012 “Most Powerful Women in Accounting” Awards.