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Practice Management

Practice

Making Money in Turbulent Economic Times

The universal measure of profitability in accounting firms is average income per partner. Another universal tool is the annual Rosenberg National MAP Survey. It's a must have for running your firm.
Practice

Twelve Ways to Get a Midyear Boost

Believe it or not, we're nearing the halfway point of 2012. If you're holding a midyear retreat or starting to update your strategic plans, now's a good time to step back and evaluate the best way to take a step forward.
Education & Careers

Rules of Engagement - View on Jobs Outlook

Findings from the latest Randstad Engagement Index show finance and accounting employees believe the job market is going to pick up, and when it does, many plan to leave their current positions for a better job.
Education & Careers

Build Your Practice - Give Clients Personal Attention

The never-ending challenge for accountants is not only to acquire new clients, but also to keep their existing ones. To achieve this, you need to get personal.
Education & Careers

Consultant Group Unifies - Now The Rainmaker Companies

Troy Waugh, CEO of Five Star 3, LLC, has announced that the three service lines of the Nashville-based accounting consulting firm will now be unified under one name - The Rainmaker Companies, LLC.
Practice

Potential of Disabled Worker Quotas on Federal Contractors

Companies with federal government contracts or subcontracts may soon risk losing their contracts if they do not meet quotas to hire more disabled workers.
Technology

Xero's New Cloud-Based WorkflowMax

Xero has recently added WorkflowMax - a complete practice management suite ‒ to its Cloud-based offerings.
Practice

Using Client Surveys to Break the 'Just Fine' Syndrome

Conducting a client survey is the best way for a firm to truly decipher what's working, what isn't, and where new opportunities lie.
Practice

Five Fraud-Fighting Tips for Businesses

Desperate times call for desperate measures, the saying goes. So it's not surprising that fraud in the workplace increased during the economic crisis and recession.
Practice

Managing Partner 101 - What Exactly Is the Job?

Most of us are thrust into the managing partner role in our firms with little or no training or coaching. Who teaches you to be an effective MP?
Practice

Are We At an Awkward Stage about Age?

Whether or not 60 is the new 40, or 30 is the new 20, etc., age perceptions and realities are confusing and not aligned with perceptions and realities of decades ago.
A&A

Financial Metrics Every Business Owner Should Know

Is your business successful? How do you know? If you're like most business owners, your days are filled by efforts to make your company successful. Those tasks might be focused on making a great product, generating sales, or building customer relationships. And you might be great at those things. But . . .
Education & Careers

Sage Survey: How Small Businesses Deal With an Unpredictable Economy

Sage North America announced the results of its Reinvention of Small Business Study, a survey focused on how small businesses are changing the way they conduct business in an unpredictable economy.
Practice

AICPA Calling for Firms to Participate in 2012 National MAP Survey

The American Institute of CPAs (AICPA) Private Companies Practice Section (PCPS), in partnership with the Texas Society of CPAs, is now gathering data for its much-anticipated 2012 benchmarking survey ? the National Management of an Accounting Practice (MAP) Survey.
Technology

Money-Saving Web Portals = Secure and Efficient Document Exchange

If your clients are unfamiliar with web portals, you can explain how web portals save everyone time and make the exchange of files easier. For end clients, using a web portal means they never need to be concerned about an e-mail server being bogged down or rejecting the exchange of large QuickBooks files.
Practice

BSA Study Finds Over Half of Computer Users Admit to Pirating Software

According to the Business Software Alliance's (BSA) ninth annual study - 2011 BSA Global Software Piracy Study - the value of software theft is at an astounding all-time high ? $63.4 billion in 2011, up from $58.8 billion in 2010.
Education & Careers

10 Tips for Hiring College Graduates

Are you planning on hiring this spring? There are a lot of great reasons to add a new college graduate to your workplace mix. Job search engine company, Simply Hired, has compiled a list of best practices and strategies for targeting this unique group of candidates.
Practice Management

12 Tips for Mastering Your To-Do List

Some people are more effective that others at maintaining a to-do list and executing the items on the list. Here are a number of dos and don'ts that can help you be the master of your to-do list.
A&A

It's Not Me, It's You: Ten Signs Your Client Might be Dumping You

In any business, it's extremely difficult to sustain growth through a series of transactional sales activities. Building strong, lasting relationships is crucial to the long-term success of your business.
AccountingWEB Life

Smashing the Clock: Conference Focuses on Results-Only Workplace

On April 29, forward-thinking CPAs attended the THRIVEal +CPA Network online conference to explore a revolutionary idea in the accounting world: replacing the profession's conventional billable hours and "presenteeism" work culture with a results-only work environment (ROWE).

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