Practice news

Community News

Company Announcements: Week of February 11, 2013

Following is the latest roundup of community news for the week of February 11, 2013.
Practice

BlumShapiro Enters Rhode Island Market in Merger with Sullivan

BlumShapiro, the largest regional accounting firm in New England, has continued its growth with entry into the Providence market, thanks to its January 1, 2013, merger with Sullivan & Company LLP.
Practice

Advising Small Business Clients on Personal Guarantee Negotiations

For your small business owner clients, signing a personal guarantee has become standard practice as part of the commercial loan approval process. While this is often the price of doing business, what does a personal guarantee really mean?
Practice

PMB Helin Donovan Continues on Fast Track with Latest Merger

PMB Helin Donovan LLP (PMB) is on an aggressive growth track, most recently merging with a San Francisco Bay Area CPA firm, BBR LLP. This is PMB's third significant merger in the past two years and is its largest.
Practice

Plante Moran's Latest Merger Ups It to Eleventh Place National Ranking

Plante Moran's merger with a Chicago CPA firm last year moved it up a notch to eleventh place in a ranking of the nation's largest public accounting firms based on revenue and significantly expanded its Chicago presence.
Practice

How Employers Can Ensure I-9 Forms Are Correct

When Abercrombie & Fitch ran into problems with properly completing I-9 forms, it turned out to be a seven-figure mistake. A $1,047,110 fine was imposed, even though there was no proof the retailer knowingly hired illegal workers.
Practice

The Case for Mandatory Partner Retirement

Almost every firm I work with has a succession issue in the near term. Baby boomers are retiring at an accelerating rate, and firms are coping (or not) with the transition issues surrounding those exits.
Community News

Company Announcements: Week of February 4, 2013

Following is the latest roundup of community news for the week of February 4, 2013.
Practice

Bringing Your Firm’s Mission to Life

Writing and publishing a mission statement is the greatest step you can take toward making sure that your practice is in alignment with your values and with your firm's vision and actions. But you must live by it to achieve its full potential.
Practice

What Five More Years Means for Your Retirement

People want to age with dignity, and they want to be assured that they can be independent and free from being a burden to others in their retirement. The key for many to securing a dignified retirement is working a few additional years.
Practice

Dealing with Dementia - Practical Knowledge for Your Practice

Every year, countless Americans with dementia fall victim to financial fraud and abuse. They face an increased risk of being taken advantage of due to their diminished ability to detect willful deceit and understand finances.
Community News

Company Announcements: Week of January 21, 2013

Following is the latest roundup of community news for the week of January 21, 2013.
Practice

Was Your Client Denied Business Credit?

If one of your clients recently applied for business credit and was rejected, he or she isn't alone. Learn five ways you can help a client whose business credit application was denied. A recent survey of banks and asset-based lenders found they had turned down more than a third of all businesses' applications for loans, according to Pepperdine University's 2013 Capital Markets Report.
Practice

Four Guaranteed New Year's Resolutions

When was the last time you came across something that guaranteed you 100 percent satisfaction or your money back? Okay, these types of offers are all around us, so let's drill down a bit to our profession. . . .
Practice

Medical Marijuana Inc. Hires CPA Firm as Auditor

In what may represent an early example of a growing industry opportunity for accountants, Medical Marijuana Inc. said it has hired the accounting firm of Anthony W. Imbimbo CPA & Associates to be its auditor.
Practice

Common Traits of Highly Successful Firms

Too many firm leaders experience "Groundhog Day" when it comes to reliving old challenges that prevent their company from moving to the next level of success. That message kicked off a session entitled "Common Traits of Highly Successful Firms" at the Winning Is Everything conference.
Practice

Patricia Cornwell Sues Accountant for Financial Mismanagement

A high-profile court case in Boston, now in its second week, raises questions about where accountants and financial advisors fiduciary responsibilities for clients end.
Practice

Seven Tips for Branding Your Firm

Branding your firm means putting your firm’s reputation, people, expertise, and knowledge in front of clients and prospects. It means building new relationships, strengthening old ones, and working to keep your firm in people's minds.
Practice

Big Four Firms' Growth Led by Advisory Services

The Big Four accounting firms posted solid revenue growth in 2012 thanks to an improving global economy, increased business deal activity, and, in particular, rising demand for their advisory services.
Practice

Help Clients Save Time and Money

Firm owners are always looking for ways to save time and money. So why not take those findings to your clients? In other words, teach your clients what you've learned so that they, in turn, can save time and money and pay you for your consultative advice.

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