Practice Development news

A&A

The 4 Global Management Accounting Principles Your Company Can Adopt

Developed by the AICPA and the CIMA, the management accounting guidance serves as a blueprint for effective analysis that can be universally applied by public and private organizations of all sizes, worldwide.
Practice

How to Grow Your Firm: Learn How to Perform Business Valuations

Business valuations can fit in naturally with an accounting firm’s existing service line-up because they touch on many areas, such as tax planning, succession planning, and business strategy.
Practice

3 Easy Steps to Networking: Turning Strangers into Clients

Let's start with the basics. You know whom you want to cultivate in the community. You are attending the right event. You see one of these people across the room. How are you going to meet them?
Practice

How to Communicate with Your Clients: Make Technology Your Friend

It is your responsibility to understand how to successfully navigate the complex maze of communication channels to ensure your messages reach your clients. In-house or outsourced, you have options.
Practice

10 Ways Accountants Can Help Themselves When Their Business Is Slow

Slow spells can happen for many reasons. Don't think you'll just wait it out and don't get into bed with a quart of ice cream. If you're serious about business development, there are things to do.
Practice

How Not to be 'Solo' as a Sole Practitioner: Finding Your Water Cooler Friends

Although being in business for yourself is exciting and rewarding, it can get isolating, especially in the beginning. But it doesn't have to be this way. Networking for sole practitioners is essential--here's how to do it.
Practice

Essential Steps to Holiday-Season Marketing: Low Key But Effective

Of course, you're at a party to have fun—but there's no reason not to mix a little business with pleasure. You can find some new clients—the key is keeping everything low-key. Here are the steps to the perfect marketing plan.
Practice

5 Tips for Managing Clients' Expectations and Improving Client Satisfaction

How can smaller CPA firms build client loyalty through exceptional customer service? Here are five strategies firms can use to make the client experience more personal, generating greater loyalty.
Practice

7 Key Ways to Get New Clients

Working in one way or another with local organizations, and other relationships, gives you several different ways to subtly, but effectively, raise your prestige and garner new clients.
A&A

Top 5 Trends Shaping Accounting’s Future

A new survey from Wolters Kluwer, CCH found that 18 percent of all accountants report feeling "very prepared" to address the most significant trends facing their firms in the future.
Practice

3 Rules to Getting Referrals from Other Professionals

Where do you get your referrals from? You probably have a couple of good sources, but chances are you don't know about all the referral possibilities. Don't leave money on the table.
Practice

How to Grow through Alliances

Strategic alliances can enable you grow your practice by providing access to new prospective clients with the potential of taking your business to a higher level than you might achieve on your own.
Practice

6 Reasons Friends Should Work with Friends

In Part 2 of this series, we look at the upside of working with friends. Despite various risks, when people really want something, they will make an effort to work with someone they know.
Practice

4 Ways to Market Your Firm's Niche

If your firm has, or is cultivating, an industry niche, you're already ahead of many other firms. You just have to take the next steps and let everyone know. Here's how to reach out to your niche.
Education & Careers

EY Talks about Coaching: the Keys to Its Success

The use of executive coaching as a leadership development tool is becoming increasingly popular within the accounting profession. EY shows how coaching makes good managers great.
Practice

10 Reasons Your Friends Won't Do Business with You

In Part 1 of this two-part series, we explore working with friends. Here, we list workarounds to various barriers. Next week, we discuss some good reasons for friends to work together.
A&A

Accounting Starting Salaries Projected to Rise 3.5% in 2015

According to a new forecast released on Thursday by staffing firm Robert Half, strong demand is expected next year for such professionals as staff accountants, senior financial analysts, and business systems analysts.
A&A

Small Business Owners Have a Good Feeling About 2015: Survey

A new survey from online accounting software provider Xero found that nearly 90 percent of small businesses are forecasting an increase in revenues next year, while 21 percent are expecting growth of more than 100 percent.
Practice

Internal Complexity Top Challenge CFOs Are Facing: Report

According to a new Accenture study, dealing with legacy systems and environments, managing the complex needs of all stakeholders, new and complex business risks, and supporting increasingly complex operating models were the top four issues cited by CFOs.
Practice Development

The 8 Questions to Picking a Niche

If you're choosing a one-size-fits all approach to growing your accounting firm, it could mean that you're missing out on a valuable, and potentially lucrative, opportunity to develop a niche.

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