Firms looking to add new partners need to abandon "archaic approaches" to doing so, be it with existing staff or when looking at outside candidates. This is the message from "How to Bring in New Partners," written by Marc Rosenberg of The Rosenberg Associates consulting firm.
Do you serve a particular niche especially well? Have you served clients with complex issues that took a great deal of research? Do you have more knowledge than most in a particular area of tax or accounting? If so, congratulations – you're an expert. But are you keeping your hard-earned expert status a secret?
Krista McMasters – the first and only female to serve as CEO among the nation's current top fifty CPA firms and currently co-CEO of CliftonLarsonAllen (CLA) – has announced she's retiring from the firm as of April 1, 2013.
The young online accounting software company Xero announced a recent coup – hiring Stuart McLean away from Google Australia, where he was Cloud business applications development leader. McLean will lead Xero's worldwide sales and marketing team.
One look at the El-Paso, Texas-based public accounting firm Strickler & Prieto, LLP's website, and there's little doubt that happy, healthy employees are considered an integral part of the firm's skill set.
On March 11, the Financial Accounting Standards Board (FASB) announced the appointment of new members to the Emerging Issues Task Force, the Investors Technical Advisory Committee, and the Not-for-Profit Advisory Committee.
Being able to offer sound financial planning advice for clients will require an accountant to gain certification, designation as a financial advisor, or to partner with someone who can be entrusted to serve clients well in this area.
Accountants with solid credentials should have no employment worries, because demand and pay throughout the profession are showing strong gains this year, according to reports from the recruitment firm Robert Half International.
A new report, “Drivers of Change in the US,” is an analysis of a 2012 survey of 550 members of the ACCA and the IMA who were asked to rank their concerns about the changes and challenges facing the accounting profession now and in the future.
The Public Company Accounting Oversight Board (PCAOB) announced March 1, 2013, twenty new and reappointed members of its Investor Advisory Group (IAG). These members will serve three-year terms ending in October 2015.
Recommending a financial advisor to a client is one of the most important recommendations you can make. Customers will trust your recommendation; therefore, there is a potential your future with that customer could be impacted.
College students, eager to get a taste of the accounting profession, are once again turning out to assist low-income taxpayers file their tax returns through the IRS Volunteer Income Tax Assistance (VITA) program.
Every accountant knows the stereotype: the cautious, change-averse perfectionist more comfortable in the world of numbers than the messy world of people and experiences. CFOs suffer some of the same misperceptions.
Most firms are faced with the dilemma of keeping long-term managers who are major contributors to the firm, but for whatever reason, are not ready to be equity partners (or who perhaps never will have what it takes to be equity partners).
Ernst & Young recently joined the ranks of seventy top business leaders in proclaiming their support of the Common Core State Standards for education, which are designed to ensure students leave school with the skills needed to succeed in college and careers.