Strategic planning

TOPICS / FIRM PRACTICE MANAGEMENT

September 1, 2025

7 retirement tips for small firm CPAs

Former firm owners share advice on how to exit the profession after a fulfilling career and set up the practice for success.

July 1, 2025

Transform your business model

In a time of dynamic change for the accounting profession, the AICPA Private Companies Practice Section has developed a road map for CPA practice modernization.

July 1, 2025

How to develop your firm’s transformation strategy

The first step in building a better CPA practice is to determine a plan that makes it possible to work less while making more money.

March 26, 2025

JofA-branded podcast: Critical conversations about business transition planning

In this Journal of Accountancy-branded podcast, a senior wealth strategist and managing partner share advice on how to initiate conversations with business clients about transition and succession planning.

November 18, 2024

PKF O’Connor Davies strikes a deal with private equity

The top 30 firm announces investment by two entities in the continuation of an industry trend.

May 23, 2024

Report: Businesses off target on FP&A processes

Businesses are automating the wrong financial planning and analysis processes, leading to FP&A staff being overextended and burned out, according to a recent report from Gartner.

October 5, 2023

Harnessing collaboration for workplace transformation

Advances in technology are turning the business world upside down — and accounting is no exception. The paradigm shift taking place calls for radical innovation and transformation. Collaboration is the key.

September 1, 2023

Innovation for the modern accounting firm

Cathy Rowe, Vice President and Segment Leader, US Professional Market, Wolters Kluwer Tax & Accounting North America, discusses why innovation is critical to the modern accounting firm’s success.

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.

April 20, 2022

Why converting to a cloud firm can be a good exit strategy

Accounting firms that use cloud technology sell for a higher revenue multiple — and spend significantly less time on the market than non-cloud firms.

April 18, 2022

Top challenges in a hot M&A market

As activity ramps up, experts offer advice on both ends of the dealmaking.

October 1, 2021

How one firm gets succession right

A top 200 firm’s plan for transitioning to next-generation leaders offers best practices for other firms to keep in mind when anticipating partner retirements.

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.

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.

June 21, 2021

For firms, advanced tech is no longer optional

Firms that place well-thought-out tech solutions at the forefront of their strategy will be best positioned to gain the most in the future.

April 26, 2021

The pandemic pushed us forward. Let’s keep evolving

This article discusses how CPAs should plan for and expect significant organic growth based on the transformation that occurred due to the pandemic.

March 1, 2021

Don’t let dead weight sink your firm

CPA firms today need more speed, agility, and power to deal with disruption, uncertainty, and clients’ quickly changing needs.

February 22, 2021

The year ahead: CPAs share their ambitions and goals

CPAs from across the country discuss what they’re looking forward, the skills and technology they’d like to master, and the business opportunities they think might be available.

August 31, 2020

When disorganization derails your workflow

Workplace experts offer strategies to help you gain more control of your workflow, even when others cause the chaos.

August 20, 2020

Promoting resilience helps firms and people in turbulent times

Amid the coronavirus pandemic and social upheaval, taking a fresh look at your practice and leading with emotional intelligence can lead to improvements in business results and employee welfare.

FROM THIS MONTH'S ISSUE

Flip out with the latest Tech Q&A

The September Technology Q&A column shows how to create dynamic to-do lists with Excel's checkboxes and also how to set up multifactor authentication texts that don't rely on phones. Flip through both items and view a video walkthrough in our digital format.