Practice news

Practice

Bramwell’s Lunch Beat: What’s With All of the Mergers in Cincinnati Lately?

Here are “Bramwell’s Lunch Beat” menu items for January 15.
Practice

Public Relations Should Be Kept in Your Firm’s Mix

Building relationships with the press should not be overlooked as a way for your firm to receive some great exposure and to help build its reputation within the business community.
Practice

Here Are Some Best Practices for Admitting New Partners to Your Accounting Firm

As we work through the succession and retirement of senior partners in our firms, a lot of us are also reviewing and updating our internal documents and agreements. A key part of the update should be focused around how we bring new partners into the firm to replace the “old guys."
Practice

CFO Survey: Workers Taking on More Health Care Costs

A recent survey of nearly 100 US financial executives by Deloitte LLP found that 42 percent of respondents pointed to the Affordable Care Act as the reason they had to pass further health care costs on to their employees during the fourth quarter of 2013 – and 63 percent are planning to do so this year.
Practice

Three Attainable PR Goals Accounting Firms Can Set for 2014

Based on my history of breaking them moments after I've set them, I'm not a big proponent of setting New Year's resolutions.
Practice

CliftonLarsonAllen Acquires Mortgage Consulting Firm

Minneapolis-based national CPA and consulting firm CliftonLarsonAllen LLP has bought Bankers Advisory Inc., a Belmont, Massachusetts-based consulting firm focused on helping US mortgage companies with regulatory compliance and quality control.
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.

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