October 2021

FIRM PRACTICE MANAGEMENT

<i><b>Christina Roderick</b>, CPA, CGMA, says her predecessor’s support was key to her successful transition as head of REDW’s tax practice. (Photo by Jennifer Stewart/AP Images)</i>

How one firm gets succession right

A top 200 firm’s plan for transitioning to next-generation leaders offers best practices for other firms to keep in mind when anticipating partner retirements.

AUDITING

5 top-of-mind issues for auditors as focus on quality continues

Practitioners are focusing on new standards, processes, and requirements heading into the fourth quarter of an unusual year.

AUDITING

Making critical audit matters more readable

Practitioners can take simple steps to make sure information newly included in auditors’ reports is understandable to investors.

PROFESSIONAL DEVELOPMENT

Finding purpose in your career as a CPA

Members of the profession offer tips for shifting from a professionally driven career to one of purpose to reinvigorate your love of accounting.

ADVERTISING SUPPLEMENT

Ask the expert: Surcharging

Dustin Hall is the director of CPACharge — an Austin, Texas-based company that specializes in payment processing solutions for accounting professionals.

COLUMNS

FROM THIS MONTH'S ISSUE

Tax Court allows cattle ranch deductions

The Tax Court held that a Texas rancher operated with a profit motive, despite “troublingly large” losses more than 77 times his gross receipts from farming and ranching. Learn more in this Tax Matters article.