CPA firm practice management news and resources

TOPICS

September 1, 2023

How 3 firms tackle the audit talent crunch

Nontraditional career paths, international expansions, and automation are among the approaches three firms are using successfully.

August 15, 2023

Large firm shakes up business model with employee stock ownership plan

BDO USA calls the decision, effective Aug. 31, a ‘game-changer’ established in part to improve the firm’s ability to retain and attract talent.

August 10, 2023

‘All in this together’: Addressing the CPA pipeline issue

The chair of the newly formed National Pipeline Advisory Group shares how a group of stakeholders aims to address the profession’s talent shortage in this podcast episode with transcript.

August 3, 2023

How one small firm drastically cut its busy-season hours

Two CPA firm leaders share both their family journey and their firm’s journey to a streamlined work environment, including advice on how to shed unwanted clients, in this podcast episode with transcript.

August 1, 2023

Succession and practice continuation agreements

Entering into a practice continuation agreement with another CPA can help you plan and prepare for the unimaginable, giving you, your clients, and your next of kin some peace of mind.

July 1, 2023

Mitigating risk of large FBAR and international tax claims

Claims relating to U.S. filing obligations for foreign activity, including the FBAR, are getting increasingly more severe.

June 20, 2023

Why accounting firms need a strong strategic plan

As accounting firms look to transform their business model to keep pace with marketplace and demographic changes, it is imperative that they have a written strategic plan. This article outlines the plan’s elements and explains their value.

June 13, 2023

5 things to stop doing in your firm

Stop putting clients first? Stop making revenue the primary objective? Presenters at ENGAGE explain how these counterintuitive moves could help move your firm in the right direction.

May 10, 2023

Create a magnetic culture at your firm

To ensure a future of abundance, leaders must do better at attracting and nurturing talent.

May 1, 2023

Bad billing practices can affect malpractice risk

Billing and collection practices may not be perceived as a professional liability risk issue, but proactively managing this risk is important to more than just a firm’s financial health. Learn why.

April 26, 2023

Grow your firm with intention

It’s time to question whether growth is always a good thing. Growth for growth’s sake shouldn’t be the goal.

April 20, 2023

How one firm transformed its partner compensation model

A firm leader and one of the firm’s income partners go into detail on how the firm’s approach to partner compensation has created a more unified work environment.

April 6, 2023

‘Status quo is the riskiest option’: One leader’s proven approach

Joey Havens, CPA, a partner at a major firm, explains how to build enduring culture and why professionals should have an anticipatory mindset in this podcast episode with transcript.

March 30, 2023

Of high interest: What rising rates mean for everyone

Higher interest rates affect more than home or vehicle purchases. Learn more about the associated risks of a high-rate environment for practitioners and the clients they advise in this podcast episode with transcript.

March 30, 2023

Mitigating employment practices liability risks

Learn about common employment practices liability insurance claims against CPA firms and how to help avoid them.

March 20, 2023

Is it time for firms to transform their business model?

After helping their clients survive three tough years, accounting firms should look toward a post-pandemic future. Here are five areas you should explore to determine whether your firm’s business model needs transformation.

March 9, 2023

How to effectively onboard remote hires

Human resource experts and accounting firms offer ways to help remote hires connect with their team and their new employer’s culture.

March 1, 2023

Lessons for every CPA firm from public audit

Keep a close eye on your internal controls and reduce the risk of regulatory action against your firm.

February 16, 2023

Culture you can feel: Advice for making it an accelerator, not a constraint

A workforce transformation expert explains why it’s encouraging to her that CFOs are focusing more on people issues in this podcast episode with transcript.

February 13, 2023

How firms can support employees with sick kids

Accounting firms can support employees with sick children who struggle to balance caregiving responsibilities with work duties. Find out how.

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.