Develop a record-retention policy that follows prudent practice without turning into hoarding.
Financial and admin operations
Increasing staff members’ interaction with clients is one way partners can prepare for their succession, according to Johanna Sweaney Salt, CPA, CGMA, a partner at Gray, Salt & Associates LLP in Claremont, Calif.
An expert outlines three of the top external cyberthreats accounting firms face and provides pointers on how to reduce a firm’s risk of becoming a victim.
Worker-friendly policies — when executed correctly — can assist CPA firms in retaining valuable people.
Technology-savvy accounting professionals describe their old and new ways of doing things, and the pros and cons of those changes.
Seeking professional help when the firm needs it is not as easy as it sounds.
Navigating the acquisition, onboarding, and integration of non-CPA professionals can be tricky.
Protecting your firm from privacy breaches is often a matter of strong internal practices.
CPAs discuss creating a budget, projecting cash flow, and reeling in the right clients in a competitive arena.
Don’t let a “failure to communicate” escalate into a loss of clients or costly litigation.
Jennifer H. Elder, CPA/CFF, CGMA, co-author of the book "Faster Disaster Recovery: The Business Owner’s Guide to Developing a Business Continuity Plan," discusses how to prepare so that an organization’s finances and reputation will be protected if a disaster occurs.
Working outside the office can leave you open to invasions from hackers if your device or the Wi-Fi network you’re on is not secure.
An effective docket system helps reduce the likelihood of a filing error and can make a CPA firm more efficient.
Don’t expose your practice to a severe liability claim by relying on one of several fallacious arguments for avoiding the use of engagement letters.
This article explains the what, why, and how for firms that may benefit from using SBA 7(a) loans in CPA firm purchases and sales.
Switching from hourly billing to value pricing can reward tech-enabled efficiency.
Permitting a client to use a CPA firm’s address exposes the firm to potential problems.
Three reasons why client engagement letters are essential, according to Deborah Rood, CPA.
This article looks at five scenarios that could put CPA firms at risk and ways to mitigate them.
Such actions could prompt a client to file a counterclaim for negligence or a regulatory complaint against the CPA firm.