Practice news December 2013

Practice

Rethinking Your Firm's Sick Days Policy

It’s the time of year where everyone is sick. It’s not unlikely you’re reading this to the sounds of coughing fits and sneezing attacks in the background. It’s also a time you might be reconsidering your firm’s sick day policy heading into 2014.
Practice

The Ordeal: Year-end Partner Comp - Slicing the Pie

There's no exact one way to do CPA firm partner compensation – it has to align with the desires and needs of the actual owners and the size of the firm and number of partners.
Practice

Top Ten, Easy-to-Follow Marketing New Year's Resolutions for CPAs

Here are ten New Year's resolutions that every CPA can follow. Once you've begun the process of embracing these ideas, you'll probably see a difference in your attitude toward client service and business development!
Education & Careers

Plan for How You Will Involve Mom and Dad

For the last few years, in many of my presentations to the CPA profession, I have been warning firm leaders that they need to be prepared for involving the parents of new college graduates as they participate in the college recruiting adventure.
Education & Careers

Lessons for 2014 from Three Renowned and Successful Businessmen

One of the most important things you can do for your firm is to continue learning. The people who help their businesses achieve new heights are the ones who are continually learning how to get better.
Education & Careers

What Day Is the Most Productive? Tuesday!

According to a recent survey of human resources (HR) managers by Accountemps, the most productive day of the week to tackle work-related projects is Tuesday.
Practice

Social Networking at Work Is a Major Risk with Large Costs

Spending time on social networks appears to be normal behavior at most workplaces. Employers need to deal with its risks and minimize its costs. Employees should consider the potential ramifications of every post they make.
Practice

Time and Billing - Enlighten Your Team about Time Entry

If you're not a value-pricing firm, like most of the firms I talk to and work with, I bet you get asked: "How do we enter our time for traveling to a client location? Is it chargeable or not?"
Practice

Client Gift Idea: Build the Relationship

It can be difficult to buy gifts for clients, because you don't want to get something they might simply like, you want to get them something that will help them remember you and refer your services.
Education & Careers

Resigning a Client: Four Years Later, It Was the Right Decision

No matter what type of business you're in, it's never easy to resign a client. Yet, the benefits far outweigh the drawbacks. We resign clients based on a number of reasons.
Education & Careers

Deloitte Program Bridges Gap from Barracks to Boardroom

America's business community has instituted many wonderful programs to help veterans transition from the military to the corporate world. Deloitte officials say they're proud to add their own innovative CORE Program to the mix.
Practice

End of Year - There Isn't a Better Time for Marketing!

While your client service schedule may seem a bit overwhelming to you in December, this is actually a perfect time for you to add real value to your client interactions.
Education & Careers

A New Era in Talent Development and Learning

The days of listening to stodgy diatribes about technical accounting standards are over, or at least they should be, according to Tom Hood, executive director and CEO of the Maryland Association of CPAs and the Business Learning Institute.
A&A

Thomson Reuters Sells Outsourcing Businesses to EY

New York-based Thomson Reuters sold its US tax preparation and court accounting outsourcing businesses to Ernst & Young LLP, the two companies announced on December 17.
Community News

CFOs More Likely to Outsource Accounting and Finance Projects

Areas of general accounting and finance – including forecasts and budgets, financial reporting, and mergers and acquisitions – were cited by more than half of CFOs as projects they would likely outsource to financial consultants and interim managers in the next twelve months, according to a recent survey.
Practice

Pittsburgh Firm Alpern Rosenthal Acquired by BDO USA LLP

Chicago-based professional services firm BDO USA LLP has expanded into the western Pennsylvania market by acquiring Pittsburgh-based accounting firm Alpern Rosenthal. The merger is effective December 16.
Community News

Ohio Firms Battelle & Battelle and Rippe & Kingston Merge

Two Ohio accounting firms – Dayton-based Battelle & Battelle and Cincinnati-based Rippe & Kingston – recently finalized their merger and will now be known as Battelle Rippe Kingston LLP.
Community News

Dallas Firm Nicholas Montgomery Merges with TravisWolff

Dallas-based accounting firms Nicholas Montgomery, LLP and TravisWolff, LLP completed their merger on December 2, according to officials from both companies.
Practice

Marketing Your Cloud Accounting Services Differently Than Audit and Tax

Predominantly, when I meet with new firms and go over the Cloud accounting services opportunity, the first thing they want to do is start putting together a marketing plan. Most firms quickly find they're lost when they start this way.
Community News

Resnick Druckman and WeiserMazars Complete Merger

New York City-based accounting, tax, and advisory service firm WeiserMazars LLP recently completed a merger with The Resnick Druckman Group LLC, a full-service accounting, tax, and consulting firm with offices in New York City and Long Island, New York.

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