Firm operations

TOPICS / FIRM PRACTICE MANAGEMENT

October 1, 2025

Are you prepared for the cost of a data security incident?

Accounting records are a tantalizing target for hackers. Learn about the risks, response strategies, and best practices to help safeguard your business.

October 1, 2025

Building a better firm: How to pick the proper technology

Automation and other technologies are essential for business model modernization. Experts offer tips on choosing the right tech.

September 10, 2025

5 essential tactics of future-ready firms

As the accounting profession continues to evolve at an ever-increasing rate, firm leaders need clarity around what to do to be future-ready. Discover five essential strategies to get ahead in this JofA article.

September 1, 2025

7 retirement tips for small firm CPAs

Former firm owners share advice on how to exit the profession after a fulfilling career and set up the practice for success.

September 1, 2025

Start risk management with employee onboarding

Include risk management training during new employee onboarding to
help establish their risk
management mindset from
Day 1.

August 1, 2025

Professional liability risk stemming from CPA firm acquisitions — part 2

Disparity in processes can lead to heightened risk.

August 1, 2025

Building a better CPA firm: Getting governance right

One firm’s example shows what’s important to consider when firms transform their governance models.

July 1, 2025

Professional liability risk stemming from CPA firm acquisitions – part 1

Failure to perform sufficient due diligence could lead to professional liability claims, as highlighted in the following scenarios.

June 1, 2025

Form 1065: Pay attention or pay up

Along with the changes brought about by the Bipartisan Budget Act of 2015, the IRS’s focus on partnership returns appears to be undergoing a renaissance. Understand how the environment is changing and how you can be prepared.

May 1, 2025

Changes at the firm? What to do with working papers

In the event of a malpractice claim or a regulatory inquiry, you may need to produce working papers to support your defense.

April 1, 2025

Employee ownership and taxes: Why firms are choosing ESOPs

Converting to an employee stock ownership plan offers firms tax benefits and an alternative to private equity.

April 1, 2025

Should I disclose my use of gen AI to clients?

Informing clients about the incorporation of generative AI can enhance transparency and trust, ultimately strengthening the client-accountant relationship.

March 1, 2025

The risk of providing unintentional financial advice

Clients often seek their CPA’s advice on potential investments. Failure to respond properly can leave the CPA subject to lawsuits.

February 1, 2025

Retired partners: A liability risk?

A retired partner may expose a CPA firm to professional liability risk if clients believe the former partner still speaks for the firm and rely upon that individual’s advice.

January 21, 2025

Activities to ease busy season stress

CPA firms have numerous options to relieve stress and show appreciation.

January 1, 2025

Building and running an accounting podcast

Two professors explain how they produce their Journeys of Accountancy podcasts, which feature successful accountants in a variety of careers.

January 1, 2025

Why firms should review their pricing

Reviewing and adjusting fees can solve problems with high client demand and low talent supply. Find out how to improve capacity and revenue.

January 1, 2025

Risk management mantras to add to your daily practice

January is a time to reflect on the past and set your intentions for the year to come.

December 1, 2024

How to not lose sleep over NOCLAR

CPAs can be at risk of a claim related to a client’s non-compliance with laws and regulations, or “NOCLAR.” Learn what to do should you encounter suspected NOCLAR.

November 18, 2024