Claim experience of the AICPA Professional Liability Insurance Program has demonstrated that rogue behavior, especially at the partner level, can lead to professional liability claims.
Practice Growth & Client Service
Great relationships with clients can be achieved and maintained by proactive communication practices.
Two consulting company leaders explain the ins and outs of finance transformation and what they learned from a recent client example. Also, get caught up on news related to several CPA-centric topics.
Choose both clients and software programs with an eye to efficiency and repeatability.
The Russian invasion of Ukraine is taking place more than 4,000 miles from the United States, but the uncertainty and economic stress caused by the war means that business leaders need trusted advice and calm counsel. That’s where accountants can play a key role.
Firms can build on the relationships with clients that were bolstered during the pandemic.
Firms can turn the connections built doing work related to COVID-19 programs into long-term business opportunities.
An accounting profession leader analyzes a recent benchmark survey on CAS practices and shares why talent management must be a focus area for firms in this podcast with transcript.
In addition to creating unnecessary stress for CPAs, clients who fail to respond timely increase a CPA firm’s professional liability risk.
Through outsourced CFO and controllership services, CPAs can provide entrepreneurs and small businesses with the support they need to succeed, according to Ozlem Davis, CPA/CFF.
MAP survey finds big differences in per partner revenue, profit, and compensation.
Firm leaders can use the data they gather from client feedback systems to streamline processes and reduce strain on staff.
Companies may need more rigorous assurance on environmental, social, and governance data as regulatory obligations emerge. CPA firms are poised to deliver.
MAP survey finds big differences in revenue, profit, and owner compensation.
Navigating complex deals in rapidly changing markets is a high-pressure challenge. Due diligence remains essential, and it may need to be conducted in a compressed time frame.
Client continuance provides a firm with additional insights regarding the risk of an existing client so the firm may respond accordingly.
"I saw accounting wasn’t just about numbers — it was about getting to know different clients as well as their businesses and industries," says Amish Mehta, CPA.
Respondents to a survey report higher net client fees per professional.
Focus on environmental, social, and governance issues is rising amid investor and regulator interest.
By offering reliable and helpful information, potential clients may turn to you if they need accounting help in the future.