Practice news

Practice

You, Project Management, and Communication

In her article, Erin Cheever covers the five communication rules to live by when starting a project and what drives it throughout the entire process.
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Practice

New Website Links Sellers/Buyers of Accounting Firms

An online marketplace for accounting practices, launched June 28, offers sellers a place to expose their firm to a national audience and for buyers to search for new opportunities.
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Practice

M&A: Five Variables when Assigning Value

In this world of merger mania and baby boomers dealing with succession, many wonder how accounting practices are valued when being sold externally (not to partners), and what the multiple is.
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Practice

Leveraging LinkedIn

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

Marketing's Say in M&A

What role does the marketing department have in a merger? Does the team get to be part of the pre-agreement strategic discussions or are they brought in at the end of the process?
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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.
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Practice

How Can You Keep the Post-Tax Season Calendar Full and Clients on Target? Periodic Review Meetings

Periodic client review meetings give CPAs and financial advisors the opportunity to put all their tools to work. They’re a good way to reconnect with your clients after tax season and continue to build and strengthen the relationship you have with each other.
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Practice

Who Gets the Business? Why Succession Planning Is Key for Small Business Owners

Much has been written about the demographic trends and macroeconomic factors that continue to affect succession planning for small business owners. Most of it can be boiled down to three key points.
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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.
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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.
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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.
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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.
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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.
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Community News

J.H. Cohn Donates $150,000 to Kids' Charities

J.H. Cohn LLP donated a total of $150,000 to two Cohn for Kids‒supported charities at its twenty-first Annual Charity Golf Invitational held June 11.
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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.
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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.
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Education & Careers

'Financial Fitness' and Accounting Firm Improvement

Jennifer Katrulya, CPA, will kick off her second year of the BMRG Group Advisory Program on July 1 with a revised four-tier program structure.
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Practice

BDO Accepts Deferred Prosecution Agreement

BDO USA LLP (BDO) the seventh largest US accounting firm, agreed on June 12 to pay a civil penalty of $34.4 million to the IRS and forfeit $15.6 million to the US government as part of a deferred prosecution agreement.
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Practice

President Pushes Small Biz Tax Credits

June 8, President Obama hosted a White House press conference to urge Congress to pass “in full” the “bipartisan” jobs plan he introduced in September 2011 and the tax credits listed in his “job creating To-Do List for Congress.”
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Pages

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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