Practice news

Education & Careers

Understanding the Client Experience

Have you ever wondered why some clients leave or seem dissatisfied when you feel you haven’t done anything wrong?
Practice

ParenteBeard Adds 26 Employees in Recent Acquisition of Invotex

Philadelphia-based CPA and business consulting firm ParenteBeard LLC will open a new office in Baltimore after acquiring specialized consulting business Invotex. As part of the deal, twenty-six Invotex employees, including four partners, will join ParenteBeard, which now has nineteen offices in the United States.
Practice

Small Business Is Halfway to Hiring

When you talk to your small business clients, are about half of them hiring? The other half aren’t?
Practice

Obamacare Shocker: Mandate Delayed Again for Some Employers

On February 10, the US Treasury Department issued new final regulations pertaining to the employer mandate under the Patient Protection and Affordable Care Act of 2010. But the government dropped a bombshell in the new regulations: It postponed the start date of the employer mandate for certain employers to 2016 – the second extension approved in less than a year.
Practice

How Is Your Accounting Firm Protecting Its Intellectual Property?

Have you ever stopped to think that you have valuable property right on your hard drive?
Practice

We Need More Super CPAs Like Greg Padgett

Ours is an unusual business, in that very few CPAs are actively involved in their communities and giving back compared to other professions. Many of my nonprofit clients over the years would ask, “Where are the CPAs?” I have a pat answer; they are “busy.”
Education & Careers

NJSCPA Unveils New Compensation Study

The New Jersey Society of CPAs (NJSCPA) just released its "2013/14 NJSCPA Compensation & Benefits Study of Public Accounting Firms in New Jersey." Not limited to just salary, the report also covers such topics as incentive plans, health insurance, and training/development.
Practice

Nominate Your Accounting Firm for Awards to Earn the Recognition You Deserve

In today’s competitive climate, one way for you to distinguish your firm is for you to be honored or recognized in the community.
Practice

Sqrl Is a ‘Digital Hunter-Gatherer’ for Accounting Firms

The web-based application, launched last week by the founders of the Ohio-based online accounting firm Upsourced Accounting, efficiently collects and manages information for professional service organizations.
Practice

21 Work-life Balance Reminders for Tax Season

Tax season is upon us and the challenges of maintaining work-life balance become acute. With that in mind, here are twenty-one ways that professionals with work-life balance are different from others.
Education & Careers

Can the Philanthropic Ambitions of Baby Boomers Meet Those of Gen X and Y?

As professionals and executives become more senior, there’s often a desire or expectation that they will want to devote themselves to "good works" as a legacy.
Practice

AICPA Issues Practice Standards for CPAs on Personal Financial Planning Services

The American Institute of CPAs (AICPA) earlier this month released additional guidance, "Statement on Standards in Personal Financial Planning Services," that ensures the profession’s “rigorous code of professional conduct” applies to all CPA financial planners.
Practice

New Kid on the Block: The ‘MyRA’

A new type of retirement account, "MyRA," which President Obama proposed during his 2014 State of the Union address on January 28 and authorized the creation of yesterday, is intended to encourage retirement savings by workers who currently aren’t participating in an employer-sponsored retirement plan.
Practice

Could Accounting Firms Operate Without Job Titles?

I'd imagine having no job title makes it difficult to explain what you do at parties.
Practice

For CPAs, Workplace Wellness Programs Transcend the Fiscal Bottom Line

A recent study by RAND Corporation revealed that when it comes to workplace wellness programs, there may be a distinct difference in the type of programs that reduce costs and lower net savings. However, many accounting firm leaders say their workplace wellness programs do not have costs or savings in mind. Instead, they are designed to keep employees engaged, healthy, and happy.
Practice

Anyone Know of a Support Group for Graphophobic Accountants?

This morning, after I had my coffee, I got ready for a mind-clearing jog. After opening the door and feeling an arctic blast on my face, I quickly turned around and thought about another activity, writing.
Practice

Small Business Looks Like It's Resolving to Be More Optimistic in 2014

Many of you recently celebrated ringing in the New Year. Some of you did it by going out on the town, others by getting in their pajamas and curling up on the couch with a glass of your beverage of choice. It's a time for new resolutions, new loves, new babies, engagements, lifestyle changes, and getting a fresh start.
Practice

Bramwell’s Lunch Beat: The Merits of Mentoring

Here are “Bramwell’s Lunch Beat” menu items for January 23.
Practice

Does Your Accounting Firm *Really* Provide Client Service?

CPAs working in public practice tell me all the time..... "We are different!" They go on to relate how they do this different and how they do that different. They truly believe they are different.
Practice

Bramwell’s Lunch Beat: Honesty Is the Best Policy

Here are “Bramwell’s Lunch Beat” menu items for January 21.

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