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Practice Management

Practice Management

Advice for Accountants Transitioning to Business Advisors

Like it or not, accountants are transitioning to a more consultative role. But taking those first steps can be difficult.
Practice Management

Editor's Corner: What Kind of Firm Do You Want to Be?

With Memorial Day weekend upon us the unofficial start of summer is here; time for reflection, decision making and direction for your practice.
Practice

Editor’s Corner: Is Sage Innovating? And Other Tales

Quite a week for accountants, getting some brand-new offerings just for them from the vendor community, so we hope they’re all feeling the love.
Practice

Succession Planning Myths vs. Reality

Transition Advisors Managing Director Bill Carlino explains five common myths and often harsh realities associated with firms and succession planning.
Practice

What Young Accountants Know That You Don’t

Recent graduates from some of the nation's top accounting programs weigh in on what many firms don't know, but should, about growing a practice.
Practice

7 Reasons Your Firm Should Automate Client Messages

Sending tax reminders and special-occasion notes to clients is essential to your relationship, but is often time-consuming. It’s time to get automated.
Practice Development

Editor’s Corner: So It’s Conference Season, So What?

'Tis the season, conference season that is. This week's Editor's Corner explores what it should mean to you and your practice.
Practice Management

Receipt Bank Launches Apple Watch Bookkeeping App

The Practice Platform reports dashboard has been released as an app on the Apple Watch. It is also available via a web browser, iOS, and Android apps.
Practice Development

Editor's Corner: Security Seriousness and Practical Tips

This regular column will present my views on the week's content, as well as on trends and issues facing the profession.
A&A

CPA Firm Revenues Continue Steady Climb Upward: Report

Annual revenues last year increased 6.7 percent, marking the third straight year of continued growth at CPA firms in the United States, according to the "2014 Rosenberg Survey."
A&A

Reconciliation of Accounts Still Mostly Done by Hand: Report

Fifty-nine percent of US companies and 66 percent of Canadian businesses are still reconciling their general ledger accounts manually, according to a new report from Robert Half and the Financial Executives Research Foundation.
Education & Careers

PwC Takes Top Spot in Vault Accounting 50 for 2015

For the second-straight year, the Big Four firm was named the No. 1 accounting employer in North America, according to Vault.com's latest rankings that were released on Tuesday.
Practice

Exhaustion and Other HR Issues

They seem like children today, but be patient: someday your newbies will be essential members of your team.
Practice

Help to the Finish Line: Complete What You Start

The first in a series of quizzes from Jeff Davidson that help you gauge how well you are managing your personal and professional lives.
Practice

HARO: Easy-to-Use, Low-Hanging PR Fruit

Scott Cytron has a public relations tip for you that has brought success to one of his clients no less than three times in the last month. It’s HARO (Help a Reporter Out), a database that enables you to respond to reporter queries that you normally would never know about, all for free and with a very minimal time commitment.
Practice Management

Tax Professionals: How Do You Respond When Someone Asks About Your Fee?

There’s a discussion going on in the Tax Business Owners of America LinkedIn forum about fees. It’s quite lively and has a lot of voices joining in.
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

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

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.

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