Incorporating the right components into a post-merger integration plan and establishing a strong, homogeneous culture can increase the chances of success.
A firm can enrich its value to prospective suitors by investing in a top-notch IT infrastructure and exhibiting a willingness to embrace new technologies.
This data can help CPA firms evaluate and address professional liability risks in their practice.
This article offers tips for maintaining your commitment to the change and gaining traction in the face of change reisisters.
This column discusses tips on how business leaders can adapt to these changes.
This column offers steps to position your firm to keep your corporate clients as they transition their businesses and find new individual clients as your existing clients age out.
This column discusses the financial impact of the fourth industrial revolution and why CPAs need to prepare for changes.
Often overlooked, the real benefit of audit planning is gained from the process itself.
This column explores five reasons that technology has become an even higher strategic priority than talent.
While jobs do disappear with the advent of new technology, new jobs sprout up with them.
Completely virtual workplaces. Flat hierarchies. Employees who set their own hours. Vacation stipends. Silicon Valley? Not quite. Meet seven employers that have radically rethought the ways they relate to their CPAs and are reinventing the accounting workplace.
Offering too many service lines is this not optimal for clients and can create unnecessary risk to your practice.
This article offers factors to consider when deciding when to bow out of their firm.
This column offers crunch time preparation tips.
Client attrition is one of the biggest threats to the success of an accounting firm merger or sale. Buyers and sellers both have pivotal parts to play if they want to maximize the benefits and minimize the risks of the transition process.
As Baby Boomer partners reach retirement age, they are having difficulty delegating work to staff members and developing leaders to replace them.
Technology, specialization, succession issues and other factors are combining to change the marketplace for CPA firms.
Here are some reasons diversity and inclusion make good business sense for CPA firms.
This article examines the most common internal obstacles that firms face when acquiring other CPA firms and offers possible solutions.
CPAs do a masterful job of taking care of their clients' business, but they also need to make sure they look out for their own. Practice-continuation agreements can minimize the chaos in the transfer of a CPA practice to a successor.