Practice Management news June 2012

Practice

Leveraging LinkedIn

Are the partners and senior staff in your firm leveraging LinkedIn, or do they simply start a profile and abandon it?
6889
Practice

Four Reasons CPA Firms Should Consider Putting Wealthcare in the Mix

Leaders of market-dominating CPA firms report that the Golden Age for the CPA profession, the period of high growth from 2002 through 2007, will not be repeated. Additional revenue sources must be sought to achieve profitable growth.
3667
Education & Careers

Eight Ways to Reignite Your Leadership Mojo

The old ways of leadership, the old rules, might as well be hieroglyphics on a cave wall. Since our brave new world is dominated by "unknown unknowns" ‒ and powered by serving rather than winning ‒ organizations have to change the way they lead their people.
6713
Practice

Gen X and Y Bring Assets to Business Development

Phyllis Weiss Haserot has compiled a list of assets that Generation X and Generation Y/Millennials can bring to your business development team.
2396
Practice

Making Money in Turbulent Economic Times

The universal measure of profitability in accounting firms is average income per partner. Another universal tool is the annual Rosenberg National MAP Survey. It's a must have for running your firm.
1831
Community News

Company Announcements: Week of June 25, 2012

Following is the latest roundup of accounting community news for the week of June 25, 2012
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Practice

Succession Planning: Preparing for Success

Jeffery Mowery describes his firm, Mowery & Schoenfeld LLC, as an attractive and viable exit strategy for smaller firms who don't have a succession plan in place.
2697
A&A

Global Survey on Business Ethics

A recent global survey on business ethics explored key ethical questions faced by accounting firms. Read the results and see how other accounting firms are addressing the issue of ethics with an internal code of conduct.
6325
Practice

Twelve Ways to Get a Midyear Boost

Believe it or not, we're nearing the halfway point of 2012. If you're holding a midyear retreat or starting to update your strategic plans, now's a good time to step back and evaluate the best way to take a step forward.
2665
Education & Careers

Rules of Engagement - View on Jobs Outlook

Findings from the latest Randstad Engagement Index show finance and accounting employees believe the job market is going to pick up, and when it does, many plan to leave their current positions for a better job.
3474
Education & Careers

Build Your Practice - Give Clients Personal Attention

The never-ending challenge for accountants is not only to acquire new clients, but also to keep their existing ones. To achieve this, you need to get personal.
3249
Community News

Company Announcements: Week of June 18, 2012

Following is the latest roundup of accounting community news for the week of June 18, 2012.
1899
Education & Careers

Consultant Group Unifies - Now The Rainmaker Companies

Troy Waugh, CEO of Five Star 3, LLC, has announced that the three service lines of the Nashville-based accounting consulting firm will now be unified under one name - The Rainmaker Companies, LLC.
1843
Community News

Company Announcements: Week of June 11, 2012

Following is the latest roundup of accounting community news for the week of June 11, 2012.
3651
Practice

Potential of Disabled Worker Quotas on Federal Contractors

Companies with federal government contracts or subcontracts may soon risk losing their contracts if they do not meet quotas to hire more disabled workers.
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Practice

AICPA Economic Outlook Survey: Second Quarter Results

The second quarter AICPA Economic Outlook Survey reveals that business executives are more guarded about the twelve-month outlook for the US economy than they were last quarter.
2556
Practice

Using Client Surveys to Break the 'Just Fine' Syndrome

Conducting a client survey is the best way for a firm to truly decipher what's working, what isn't, and where new opportunities lie.
2516
Practice

Five Fraud-Fighting Tips for Businesses

Desperate times call for desperate measures, the saying goes. So it's not surprising that fraud in the workplace increased during the economic crisis and recession.
3832
Practice

Managing Partner 101 - What Exactly Is the Job?

Most of us are thrust into the managing partner role in our firms with little or no training or coaching. Who teaches you to be an effective MP?
4585

Voice of the Editor

What would you do if one of your clients won the lottery? We asked several accountants to weigh in with their advice for the lucky Powerball winner, and the tips we received are useful for anyone who receives a windfall, whether it's a lottery win, an inheritance, a big bonus on the job, or a killing in the stock market.
Read more
Gail Perry, CPA
Publisher/Editor-in-Chief, AccountingWEB
editor@accountingweb.com
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This Week on AccountingWEB

CPAs Mira Finé, Scott Hitchcock, Rob Keasal, Kathy Scorcio, and Ken Travis offer ten pieces of financial advice for the newest Powerball winner.
Hang Bower of BDO USA and Dan Black of Ernst & Young share their perspectives on why their firms made the Best Places to Work for Recent Grads 2013 list.
Herbein + Company, Inc. firm members talked with AccountingWEB about their year-round employee wellness program.
Bill Walter of Gross, Mendelsohn & Associates and Harold Gaar of TravisWolff LLP weigh in on mobile technology use while employees are at work.
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