CPA firm practice management news and resources

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September 22, 2022

What small firms need to know about succession and M&A

CPA firm partners looking to retire in the next few years need to make sure they have a succession plan in place as soon as possible. An expert on M&A trends and firm succession explains key considerations.

September 13, 2022

CAQ increases diversity efforts with new initiative

The CAQ announced a strategic education initiative intended to expose students to careers in accounting, attract greater diversity and representation within the profession, and address barriers to entry from underrepresented and underserved groups.

September 2, 2022

4 ways to ‘break the bias’ and support women in your organization

Asking questions is a first step towards addressing the problem of gender inequity, says Tracey Walker of RSM US, who will share her experiences at this year’s AICPA & CIMA Women’s Global Leadership Summit.

September 1, 2022

What everyone can do to strengthen the next generation of CPAs

Firms, faculty, and CPAs all play crucial roles in promoting the profession to young people. Here are ways you can bolster the pipeline.

September 1, 2022

Cybersecurity risk: Constant vigilance required

These tips can help diminish the likelihood and
impact of a cyberattack.

August 25, 2022

The payoffs of RPA for one accounting firm

How can organizations and firms evaluate whether robotic process automation (RPA) is right for a project? First, they must know what RPA is and isn’t, and the pain points they are trying to address. An expert shares knowledge on the topic in this podcast episode with transcript.

August 23, 2022

Diversity among CEOs, CFOs continues to rise

Executive recruiting firm Crist Kolder’s annual report shows record levels of female and racially or ethnically diverse leadership at large companies.

August 1, 2022

2022 tax software survey

CPAs assess how their return preparation products performed.

August 1, 2022

Malpractice claims in 2021 and future predictions

A look at claims against CPA firms in 2021 reveals some changes from prior years and points to future trends in this area.

July 28, 2022

Why growing knowledge is more important than proving knowledge

A firm managing director explains how he would approach the start of his career if he could begin again, what’s next for remote and hybrid work, and how organizations can ramp up risk management.

July 21, 2022

Breaking down the top issues facing CPA firms

Two CPA leaders analyze the critical issues identified by firms in a recent survey, including IRS service, succession planning, retention, and more.

July 1, 2022

Kovel agreement basics for you and your client

Kovel agreements, where an attorney, rather than the client, engages a CPA, may provide the client greater protection by extending attorney-client and attorney work product privileges to the CPA.

July 1, 2022

Top firms dig deeper to retain employees

As the Great Resignation continues unabated, top firms are beginning to raise starting salaries and add benefits to keep employees from looking for greener pastures.

June 30, 2022

Top 25 firm Cherry Bekaert reveals transformative private equity investment

Cherry Bekaert LLP has become the latest top 25 firm to attract private equity funding, announcing that Parthenon Capital has made a strategic investment that splits the Raleigh, NC-based firm into two parts.

June 30, 2022

From the archives: How purpose can play a bigger role in business

An author and Harvard Business School professor explains why companies should have a larger role in society than providing shareholder value in this podcast episode with transcript.

June 29, 2022

Survey: LGBT+ employees feel supported by inclusion initiatives

A majority of LGBT+ respondents to a Deloitte survey are more inclined to remain with their current employer because of their inclusion initiatives, although noninclusive behaviors remain a concern.

June 23, 2022

How the Great Resignation has affected the accounting profession

A CPA leader discusses the hiring and staffing trends that have affected the wider workforce as well as the accounting profession in this podcast episode with transcript.

June 21, 2022

A conversation with new AICPA Chair Anoop Natwar Mehta

Get to know more about new AICPA Chair Anoop Natwar Mehta and his points of emphasis in this podcast episode with transcript.

June 8, 2022

IRS challenges emerge as top concern for firms

Challenges when working with the IRS emerged as the top issue for firms with 10 or fewer professionals, according to the 2022 AICPA Private Companies Practice Section (PCPS) CPA Firm Top Issues Survey.

June 1, 2022

Rogue behavior: Risks your CPA firm should avoid

Claim experience of the AICPA Professional Liability Insurance Program has demonstrated that rogue behavior, especially at the partner level, can lead to professional liability claims.