Professional Issues


PCPS—the AICPA Alliance for CPA Firms—and the Texas Society of Certified Public Accountants released the results of the 2004 Management of an Accounting Practice (MAP) Survey. The information, gathered from nearly 2,500 firms of all sizes across the nation, includes comprehensive benchmarking data on salaries, billable hours, service offerings and expenses. For the first time the research included questions on the methods top-performing firms used to achieve exceptional results; other questions focused on marketing, business planning and owner/partner issues. Among other findings, the data showed increased firm growth, profits and billing rates. The results are available at www.pcps.org/member/overview.html

SPONSORED REPORT

Tax reform changes are now in effect

With all the recent tax law changes, this year it’s more important than ever to make sure your clients’ tax situations are squared away before year end. This report provides necessary guidance to ensure 2019 starts without a hitch.

PODCAST

Using drones to enhance audits

Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.