CPA firm practice management news and resources

TOPICS

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.

August 1, 2021

How CPAs helped save businesses during COVID-19

Many small businesses were forced to reinvent themselves to survive the COVID-19 pandemic. Learn how CPAs who offer client advisory services helped business-owner clients explore new options for creating revenue.

August 1, 2021

Graylin Smith, CPA, CGMA

Guiding clients through opportunities and risks requires a careful process, according to Graylin Smith, CPA, CGMA.

August 1, 2021

How to effectively support working parents during a crisis

Helping employees maintain health and efficiency during a crisis requires flexibility, empathy, and consistent communication. Employers can follow these tips to help employees during a crisis.

August 1, 2021

Ask the expert: What is an API?

Calvin Leong helps firms understand what APIs are available at Thomson Reuters and how to use them.

July 27, 2021

Why CPA firms need to know about restricted top-level web domains

New top-level web domains, such as .cpa, are one way for firms to modernize their digital front door. Here’s what you need to know about these new top-level domains (TLDs) and why you may want to consider using them.

July 26, 2021

Ease staff’s fears about returning to the office

Firm leaders can address staff’s anxieties by discussing the rationale for returning to in-person work, communicating transparently about the safety measures they are taking, implementing employee feedback and, when possible, giving staff control over when they return.

July 26, 2021

Learning from Black CPA career role models

A century after John W. Cromwell Jr. became the nation’s first Black CPA, Black role models continue to open doors in the profession.

July 19, 2021

Adapting to workplace culture in a virtual world

This article discusses ways to help integrate new employees into firm culture, even when everyone can’t be together in person.

July 7, 2021

Restaurant industry recovery aided by CPAs, 2 leaders with longtime ties

CPAs and restaurant owners have worked together closely to overcome the devastating consequences of the coronavirus pandemic. Bill Pirolli, CPA/CFF/PFS, CGMA, and Brian Casey, who are Rhode Island natives and chair their respective association boards, endeavor to help the industry recover.