CPA firm practice management news and resources

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June 9, 2015

Staffing issues surge to forefront of accounting firm concerns

Workload compression during consecutive challenging tax seasons has helped contribute to a growing talent shortage for accounting firms seeking qualified staff.

June 1, 2015

How to eliminate time sheets

Firms can use a value council to determine prices and KPIs to measure performance.

June 1, 2015

The future of marketing: Thriving in a digital world

Learn how digital marketing techniques such as social media and content marketing can work side by side with traditional referral marketing to broaden your pool of potential clients and convert online browsers to customers.

June 1, 2015

Experts warn of cybersecurity ‘storm’: Technology round table, part 2

In the second of two parts, the tone at the fourth annual JofA accounting technology round table turns tense as the experts discuss the cybersecurity vulnerabilities they see in the accounting profession.

June 1, 2015

Due diligence with CPA firm subcontractors

The legal and professional responsibilities of a CPA firm related to privacy of client data also extend to the actions of their subcontractors.

May 4, 2015

Q&A: How to determine a client’s price sensitivity

To price effectively, CPA firms first need to determine the price sensitivity of individual clients. Value-billing expert Ron Baker explains how to do it in this Q&A.

April 27, 2015

Q&A: What you need to ask clients before setting a price

Billing by the hour isn’t the only way to charge clients. But to implement a different approach, you’re going to need to ask these questions first.

April 21, 2015

Doughtie to become first female CEO of KPMG in U.S.

KPMG in the United States has elected Lynne Doughtie, CPA, as its next chairman and CEO, adding to the growing ranks of women in prominent leadership positions in the accounting profession.

April 16, 2015

CPAs select security as top technology priority

A steady stream of high-profile cybercrimes involving corporate and customer data has captured the attention of North American accounting professionals, who ranked IT security as their top technology priority.

April 13, 2015

Models of success?

An accounting firm experiment hypothesizes that “there will be multiple successful business models for accounting firms of the future.” Explore the experiment’s results and different visions for public accounting’s future—and examples of that future already becoming reality.

April 13, 2015

Working to close the skills gap

Many organizations are having difficulty finding skilled talent. This infographic explores the methods employers are using to attract top candidates and innovate their talent searches.

April 13, 2015

You made partner: Now what?

Becoming a partner requires a shift in mindset from employee to business owner. Young partners share what they’ve learned about being leaders, setting goals, developing others, and adjusting to new roles.

April 13, 2015

The importance of tax quality control

Quality control (QC) is of utmost importance when delivering professional services, including tax planning and compliance services.

March 18, 2015

Q&A: How can firms implement value pricing?

Value-pricing advocate Ron Baker recommends that firms use price-led costing and nominate a value council to set prices.

March 16, 2015

Accountants get high marks from small business leaders

Small business leaders ranked accountants at the top of the list of the most important professionals who serve their businesses, a new survey shows.

March 1, 2015

Other people’s money

Seemingly disparate services such as investment advisory, bill-paying, and estate planning all have a common denominator: the CPA’s involvement with other people’s money.

March 1, 2015

Finding growth in FVS

Forensic accounting and business valuation practitioners have unique business development challenges. A recent survey helps shed light on where they can expect to find future growth. Plus: Download “This just in: Forensic and valuation services expected to keep growing,” an infographic highlighting key findings from The 2014 AICPA Survey on International Trends in Forensic and Valuation Services.

March 1, 2015

Accounting firms moving slowly toward cloud

CPA firms have their eyes on the cloud, but most of their accounting software remains loaded on their own computers and servers. A new section of the 2014 AICPA PCPS Management of an Accounting Practice (MAP) Survey uncovers the who, what, how, and why of information technology decisions in public accounting.

March 1, 2015

Cash balance plans for professional practices

Understand the rules for this leading form of retirement benefit.

March 1, 2015

How small businesses can keep data secure

Lisa Traina, CPA/CITP, CGMA, president and owner of information technology security firm Traina & Associates, suggests ways for organizations with limited IT budgets to keep their data secure.

FROM THIS MONTH'S ISSUE

How a CPA beat burnout after strokes, depression

Randy Crabtree, CPA, suffered two strokes in four days and struggled with his mental health for years before he learned to recognize, address, and prevent chronic stress. Learn from his insights on how CPAs can avoid professional burnout.