This column discusses the financial impact of the fourth industrial revolution and why CPAs need to prepare for changes.
Strategy and planning
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.
Offering too many service lines is this not optimal for clients and can create unnecessary risk to your practice.
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.
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.
The column explores five top strategies to help you better manage your firm’s capacity issues.
If you want your firm to thrive well into the future, make enhancing overall partner unity your No. 1 priority in the coming year.
The AICPA Private Companies Practice Section team shares best practices on preparing for busy season.
Specializing and focusing on a narrow range of services can help CPAs and audit firms reduce training costs and risks.
Looking to buy or sell a practice? Either way, a number of obstacles need to be cleared before you get the deal done.
In the sports world, it is pretty easy to determine whether you are in or out of bounds. It’s not so simple in the accounting world.