Consulting

Technology

Technology Consultants Must Lead to Succeed

In this ever-changing world of technology and solutions in the small business accounting world, it's natural for consultants to be overwhelmed by all the vendors in the market who claim to have the best solution in their market space.
Practice

Target the 'Right' Clients - Become Their Trusted Advisor

Adding business advisory services is essential to growing your firm, but you shouldn't offer these services to all your existing clients. Determine which clients you should "wow" and how to become their trusted business advisor.
Practice

3 Reasons to Offer Business Advisory Services

USA TODAY/Gallup polls show that accountants are considered the most trusted business professionals, which enables them to move beyond traditional accounting services and position themselves as trusted business advisors.
Practice

CPAs Give Business Advice to Veterans through Partnership with SCORE

CPAs now have an opportunity to volunteer and provide up to five hours of free financial advice to veterans about how to start or grow their business. The program was launched through the AICPA's participation the Veteran Fast Launch Initiative sponsored by the Service Corps of Retired Executives (SCORE).
Tax

Web Sites Designed for Accountants by Thomson Reuters & Emochila Team

On December 9, Thomson Reuters announced it had acquired Emochila, a leading Web site design company that works specifically with accounting and tax firms. Thomson Reuters and Emochila will now work in collaboration to assist accounting professionals in creating and maintaining their Web sites.
A&A

Survey: Consulting work enables CFOs to stay active

They may be ready to hand over the keys to the company car, but chief financial officers aren’t ready to hit the golf course full time. For this segment of the workforce, a career in consulting holds some appeal.
Community News

Auditors hope to buy large chunks of BearingPoint

BearingPoint, the global management and technology consulting company headquartered in McLean, Virginia, filed for Chapter 11 protection on February 18,2009. Just over a month later, on March 23, the company announced an update to the plan, which involves selling virtually all of its businesses.Deloitte and BearingPoint have entered into an asset purchase agreement, in which Deloitte will purchase most of the company's largest business unit, BearingPoint Public Services, out of bankruptcy for $350 million and certain of the company's liabilities.

It's Chapter 11 bankruptcy protection for Bearingpoint

Bearingpoint, originally KPMG Consulting, has filed for Chapter 11 bankruptcy protection. According to a company press statement, the firm has filed a voluntary Chapter 11 petition in the Southern District of New York as part of a pre-arranged restructuring plan with its lenders. Operations outside of the U.S.
Education & Careers

Tips for the would-be accounting consultant

Being a consultant sounds like an enviable job that comes with a great deal of freedom and respect, and possibly a lot of money. That may all be true, but keep in mind it doesn't come without earning the title. After all, when you're the pro that business owners call in, you're expected to be well worth your fees. Obviously you have to start with a formal accounting education. Once that's under your belt, you need time to build a solid foundation of knowledge, preferably in public accounting where you can gain broad experience.
Community News

A Conversation With Allan Boress: Why Clients Leave CPA Firms

The year is almost over and it's a good time to reflect on what happened. Did some clients not return this year? Do you know why they really didn't come back?Every two years we conduct a study of about two hundred clients of CPA firms all over the US and Canada.
Community News

BearingPoint Faces Delisting From NYSE

BearingPoint, the tech and management consulting firm forced to split off from parent KPMG by the Sarbenes-Oxley Act (SOX), could be dropped from the New York Stock Exchange (NYSE), the company’s 2005 annual report said.Advertisement
A&A

Accounting software source code presents consulting opportunity

Modifying source code in accounting software applications has emerged as a strong opportunity for accountants who want to be involved in technology consulting but may want to stop short of reselling or implementing systems.There is much confusion in the business community over the availability of source code in popular accounting software products and over other issues associated with modifying the software to meet users' special needs, says Richard Morochove, a Toronto Canada-based technology consultant and columnist for PCWorld magazine.
A&A

SMB Growth Expectations Spell Consulting Opportunity for CPAs

In good news for CPAs providing consulting services to small and midsized businesses (SMBs), that market sector is bullish about its near term prospects but is failing to tap into key areas that could further spur growth, according to a nationwide survey of SMBs conducted by accounting and consulting services giant RSM McGladrey.Advertisement
Technology

A Conversation With...Ron Eagle

After a long, successful career centered on accounting profession technology, Ron Eagle is winding down his work life, but still has plenty to say about accounting and the Information Technology Alliance (ITA), the group he has led since its inception in the late 1990s.
Community News

Accounting Firm J.H. Cohn LLP Posts 12% Growth

“This past year, we positioned ourselves to leverage all the positive events in the marketplace, and our business has never been better at the firm,” Thomas J. Marino, CEO of J.H.Cohn LLP said in a statement announcing that the firm’s revenues increased by 12 percent, from $128 million to $144 million, during the fiscal year ending January 31, 2006.
A&A

Good Estate Planning Involves Communication with Family Members

When getting their “financial house in order” through setting up an estate plan, is high on a person’s list of New Year’s resolutions, he or she should remember that communicating the details of the estate plan to family members is an important part of the process, according to research by The Hartford Financial Group.
Technology

Accounting for Campaigns

Political campaigns, whether they are for the local school board or the Senate, are run on money as much as on issues. And all that money must be accounted for. Candidates, election officials and the public have a right to know how much money was raised from whom and how it was spent. Two software applications, DirectFile and CompleteCampaigns makes the job of campaign accounting and financial reporting easier.Calling itself “the most advanced political accounting software available today”, DirectFile was created in 1995 for campaign treasurers in California.

CPAs Hold Umbrella of Protection Against Gathering ‘Legal Storm’

Like a sudden summer thunderstorm, the surprising number of ERISA-related lawsuits filed last year – more than 11,000 according to the Administrative Office of the U.S. Courts – seems to have blown in out of nowhere.In reality, the Department of Labor has been predicting this “Legal Storm” for more than a year.
Community News

New Relationship Offers Innovative Compliance Solutions

How do small issues become costly problems? What can executives and business owners do to prevent such situations?A new relationship between Dixon Hughes, an established name in the accounting, auditing, tax and consulting world, and Intercede, Inc., a provider of innovative compliance, risk management and feedback software applications, offers clients a comprehensive solution for identifying, managing and resolving risk in the workplace.

Personal Ethics and On-the-Job Standards in Politics

Members of Congress who travel routinely on official trips for their congressional committees or make weekly visits to their home districts accumulate substantial frequent flier miles. If they travel at the invitation of private groups they gain more mileage credits. Yet, the Associated Press reports lawmakers are not required to disclose their mileage on reports about trips or on their annual ethics statements.Representative Ray LaHood, Republican of Illinois, uses the frequent flier miles for upgrades and personal free trips. “There’s no question, it’s a definite benefit.

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