Accounting firms that use cloud technology sell for a higher revenue multiple — and spend significantly less time on the market than non-cloud firms.
Firm practice management
Top challenges in a hot M&A market
As activity ramps up, experts offer advice on both ends of the dealmaking.
CPA firms show progress in diversity amid pipeline challenges
The AICPA’s 2021 Trends report provides information on the status of education, hiring, leadership and diversity in the accounting profession.
8 insights from top-performing CAS practices
Choose both clients and software programs with an eye to efficiency and repeatability.
How accounting firms deal with hybrid working
Switching from remote to hybrid working brings
with it challenges accounting firms have not had to
deal with before. Here is how five firms are tackling
these challenges.
FP&A: A new niche — and an expanded definition
An ENGAGE speaker shares six core principles for business and why the abbreviation FP&A means multiple things to him in this podcast episode with transcript.
New strategies to grow the profession’s pipeline
Organizations seeking to identify and hire finance talent can follow the advice in a recent article or further explore a new apprenticeship program detailed in this podcast with transcript.
Finding ‘untapped’ talent pools of CPAs
Now may be the time to rethink hiring strategies and cast a wider net for talent acquisition.
Recruiting, flexible working, and tax season issues for small firms
An AICPA vice president explains some of the key practice management concerns of smaller CPA firms — talent, technology, and tax season — in this podcast episode with transcript.
The role of accounting firms amid the crisis in Ukraine
The Russian invasion of Ukraine is taking place more than 4,000 miles from the United States, but the uncertainty and economic stress caused by the war means that business leaders need trusted advice and calm counsel. That’s where accountants can play a key role.
Tread carefully when using noncompete agreements
Noncompete agreements should be reasonable in scope and narrowly drafted to protect a legitimate business need.
The legacy of the Paycheck Protection Program
Firms can build on the relationships with clients that
were bolstered during the pandemic.
Firm ownership can be intimidating; here’s how to overcome those fears
A CPA firm owner shares some of the fears she overcame, advice to those thinking of opening a firm, and the ways she takes mental breaks in this podcast with transcript.
Gratitude: How a helping hand can spark a great career
A CPA leader shares how mentors helped him along the way and the advice he now shares with aspiring CFOs in this podcast episode with transcript.
PPP, ERC can lead to sustained business for CPA firms
Firms can turn the connections built doing work related to COVID-19 programs into long-term business opportunities.
What CAS practice leaders should focus on in 2022 and beyond
An accounting profession leader analyzes a recent benchmark survey on CAS practices and shares why talent management must be a focus area for firms in this podcast with transcript.
A blockchain glossary, the CPA firm of the future, and Excel malware
Blockchain — what does it mean to you? A glossary of terms offers clarity. Also, hear or read more about accounting firms’ tech-integrated future.
The 3 components of burnout, and why they are heightened now
Author Britt Andreatta, Ph.D., explains why change is difficult and why now is the time for leaders to spend even more time focusing on employee well-being.
Attributes of top-performing firms revealed
MAP survey finds big differences in per partner revenue, profit, and compensation.
Ozlem Davis, CPA/CFF
Through outsourced CFO and controllership services, CPAs can provide entrepreneurs and small businesses with the support they need to succeed, according to Ozlem Davis, CPA/CFF.
Features
FROM THIS MONTH'S ISSUE
Building a better CPA firm: Stepping up service offerings
A key step in business model modernization is determining how to implement services that satisfy clients and employees.