CPA firm practice management news and resources

TOPICS

September 17, 2021

Peer review proposal changes, clarifies standards

The proposal is designed to clarify peer review standards and make them easier for practitioners to read, understand, and apply

September 15, 2021

Early Black-owned CPA firms spurred diversity efforts

Built by Black CPAs who succeeded despite adversity, these firms continue to play an important role in the profession’s recruitment and advancement initiatives, and with the clients they serve.

September 13, 2021

How to negotiate from a disadvantage

This article discusses steps that could help CPAs turn the tables and come through in a strong position during a challenging negotiation.

September 2, 2021

Inflation worries and a tight labor market lead to a slight dip in optimism

This episode takes a look at the AICPA Business and Industry Economic Outlook Survey findings and what they mean for companies, and an Outstanding CPA in Government award winner shares insights on how finance professionals and accountants can lead strategic change.

September 1, 2021

Ask the expert: Client service

Greg Lockhart is the president of Lockhart Industries, a Dallas-based leader in custom branding, graphic design, and fine imprinting for America’s top financial firms.

September 1, 2021

The impact of mentoring: How to build on success

Progress for Black professionals in accounting can be accelerated with the right moves from firms and other professionals.

September 1, 2021

10 billing myths that can undercut your value

Top-notch billing practices can help
CPAs ensure that they get paid an amount commensurate with the high-value, expertly delivered services they provide. Discounting and lowering fees put CPAs in jeopardy of being underpaid for their services.

September 1, 2021

Frequently asked engagement letter questions

This one-stop guide includes common engagement letter questions and resources to help answer them.

August 30, 2021

Small changes can be a big drain on mental energy

A recent study found that change can affect how engaged employees are, how hard they’ll work, and how long they intend to stay with an organization.

August 26, 2021

Staffing and COVID-19 relief programs are firms’ top concerns in 2021

Hiring qualified staff emerged as the No. 1 concern of firms employing six or more people in the 2021 AICPA Private Companies Practice Section CPA Firm Top Issues survey.

August 23, 2021

How to develop a growth mindset

In today’s competitive global field, those who want to grow and move into leadership roles must demonstrate they’re willing to push themselves beyond their comfort zone to learn and try new things.

August 19, 2021

Driving DEI change in the states

State CPA society leaders are among those spearheading diversity, equity, and inclusion efforts in the profession. See what successful steps they and their organizations have taken to enhance the recruitment and advancement of Black CPAs.

August 16, 2021

How to retain staff amid surging turnover

Experts theorize that the COVID-19 pandemic may have led to increased burnout and that employees who stayed in their jobs in 2020 now feel more comfortable leaving.

August 9, 2021

Board diversity disclosures mandated for Nasdaq-listed companies

Nasdaq-listed companies will be required to provide new information on the diversity of their boards as a result of a new rule approved by the Securities and Exchange Commission.

August 9, 2021

Will sweatpants come to the office when we return?

HR professionals at several CPA firms offer ideas on how to ease teams back into office mode while preserving comfort.

August 5, 2021

Fraud advice and more on the value of client advisory services

A fraud expert shares advice for businesses on segregation of duties, unintended consequences of pandemic-related relief, and more.

August 2, 2021

M&A activity in accounting on the rebound in 2021, expert says

Merger-and-acquisition activity for CPA firms is surging in 2021 after dropping in 2020 due to the COVID-19 pandemic, Joel Sinkin, president of Transition Advisors LLC said in a session at AICPA & CIMA ENGAGE 2021.

August 1, 2021

Energize your practice with a tax innovation challenge

The skills and ingenuity the accounting profession showed in reacting to the pandemic can be applied proactively with a new type of competition.

August 1, 2021

7 tips for starting a client advisory services practice

Many resources are now available to help firms launch CAS practices. CAS experts and firm leaders who’ve taken the plunge share their best advice for getting started.

August 1, 2021

Frequently asked risk management questions

This column provides a one-stop guide for common professional liability risk management questions and the resources to help answer them.

FROM THIS MONTH'S ISSUE

Drafting an AI policy that actually works

As AI use accelerates, many firms are discovering their policies haven’t kept pace. This article breaks down what CPAs and finance leaders should consider when drafting an AI policy that’s practical, flexible, and fit for real world use.