Firm & Practice Management


3 Busy Season Pitfalls to Avoid
 

3 Busy Season Pitfalls to Avoid

Posted: February 14, 2018
As your firm heads into busy season, whether you’re implementing new processes or not, keep an eye out for these three busy season pitfalls to avoid.

Maintaining Independence During the Client Lifecycle
 

Maintaining Independence During the Client Lifecycle

Posted: February 12, 2018
Building a long-term relationship with a client no longer consists of just sending an engagement letter, preparing the financials and issuing the opinion letter. Rather, it is now a strategic process of the long-term implications of the life cycle of services needed by the client.


Establishing KPIs That Fit Your Firm
 

Establishing KPIs That Fit Your Firm

Posted: November 22, 2017
Identifying which key performance indicators are the right fit for your firm is no easy task. From measuring performance over time or against a budget to more qualitative metrics, such as how effective processes are, there is no 'one size fits all' when it comes to monitoring your firms KPIs. Here are some tips.

Moving from Hourly Billing to Value Billing
 

Moving from Hourly Billing to Value Billing

Posted: November 21, 2017
Whether your firm’s value proposition is peace of mind, saved time or a healthier cash position, value billing can be both exciting and rewarding for all players. Find out how it helps.

How Diversity and Inclusion is Shaping the CPA Profession
 

How Diversity and Inclusion is Shaping the CPA Profession

Posted: October 30, 2017
Whether working in an accounting firm, as part of the CFO’s department, or as a sole practitioner, accountants have benefitted immensely from diversity in the work­place. Find out how many firms are embracing diversity.

Disengaging to Benefit Your Firm and the Client
 

Disengaging to Benefit Your Firm and the Client

Posted: October 5, 2017
While the subject of disengaging is typically thought of as (at best) unpleasant, disengaging can be a practice management tool that increases firm profitability and creates a better situation for both the CPA and the client.

Engagement Letter Essentials Can Help CPA Firms
 

Engagement Letter Essentials Can Help CPA Firms

Posted: October 5, 2017
Engagement letters help CPA firms improve communication with clients, document engagements more effectively, and protect the firm from litigation. Letters should be as detailed as possible.

Changing Mindsets for Advisory Services
 

Changing Mindsets for Advisory Services

Posted: September 26, 2017
Having first class advisory services requires great leadership, different skills, and new processes. It’s not enough to just follow “best practices.” Read to find out some useful tips.