CPA firm practice management news and resources

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June 17, 2024

Private equity has big plans for small firms

Investment groups are showing record interest in the field of public accounting, leading many in the profession to look at their options while also looking inward at their business model.

June 6, 2024

Finding qualified staff tops ranking of CPA firm top issues

Accounting firms named finding qualified staff as their top issue, according to biennial survey results released by the AICPA’s firm practice management section.

June 5, 2024

Pipeline Pledge: How small commitments can make a big difference

The National Pipeline Advisory Group has big ideas for growing talent, and a small request related to its efforts could prove invaluable for the profession.

June 1, 2024

Falling hurts; so does litigation

In the first part of a two-part series exploring the basics of negligence and professional liability litigation, find out why CPAs should interpret risk management advice through the lens of how negligence is litigated.

May 28, 2024

Flexible work rankings: How does your region stack up?

A pair of reports break down the states where employees enjoy the most freedom when it comes to where they work and the areas where the flexible work model isn’t as common.

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.

May 14, 2024

NPAG recommends solutions to the talent shortage

The National Pipeline Advisory Group will present an extensive draft of its findings to AICPA Council before publishing the final report over the summer.

May 1, 2024

Time for a tax practice tune-up

Building on busy season’s lessons learned, CPAs can turn to optimizing performance going forward.

May 1, 2024

Navigating the patchwork of pay transparency laws

The patchwork of state and local laws regarding pay equity can create compliance challenges for CPA firms that employ remote workforces, recruit nationally, or expand their geographical footprint.

April 17, 2024

More than 4 in 5 large companies still offer flexible work model

Research reveals that four years removed from the beginning of the pandemic, the majority of the largest companies in America feature a structured hybrid model. The most popular model? Three days per week in the office.

April 12, 2024

The win-win of effective well-being initiatives: 5 steps for leaders

Happy employees are productive employees, but simply offering well-being programs won’t get the job done. The key to success? A companywide commitment that delivers real results in the eyes of current and potential employees.

April 1, 2024

Help reduce risk with formal client onboarding

Systematically onboarding clients can help lower professional liability risk by minimizing misunderstandings, miscommunications, and misrepresentations.

March 28, 2024

Organizations moving forward with generative AI despite concerns, survey shows

More than 70% of finance executives have worries related to privacy, ethics, and accuracy, but some respondents in an AICPA & CIMA survey say they’re moving ahead with implementation of generative AI tools.

March 26, 2024

A firm grasp on reality: M&A activity expected to rise

Four in five M&A professionals see deal volume increasing over the next six months, which should come as no surprise to accounting firms considering a recent flurry of activity.

March 21, 2024

How financial services companies are responding to employee demands

If you’re a CFO struggling to retain talent, it may be time assess whether you’re keeping up with the competition in terms of offering a flexible work schedule and adequate compensation.

March 18, 2024

Grant Thornton deal continues the private-equity investment trend

The top 10 firm is the largest to strike a deal with private equity but isn’t the first. Four other noteworthy deals have been struck in the past two years.

March 18, 2024

Risk concerns remain for CFOs, but they see improvement ahead

Three in five finance leaders say “now is not a good time” to take greater risks, according to Deloitte’s first-quarter North American CFO Signals survey, partly because of expected upcoming interest rate cuts.

March 1, 2024

Firms find it’s cool to be kind

How three firms have employed kindness initiatives to create a culture that attracts and retains talent.

March 1, 2024

Diversification or dabbling? You make the call

Undertaking a new service or providing service to a client in an industry with which the CPA is unfamiliar, referred to as “dabbling,” can elevate the risk of errors and professional liability claims. Learn why.

March 1, 2024