Firm & Practice Management
Posted: April 9, 2018
Owners with a company in pristine condition are rewarded with a top-dollar offer, while businesses that need improvement or lack a key component are more likely to be passed over, garnering few – if any – offers. Here is some advice to keep sellers on track.
Posted: February 8, 2018
As CPAs begin to look at the first quarter of 2018, albeit in the middle of busy season, there is an undeniable fact that must be addressed — the CPA profession is undergoing dramatic changes from virtually every angle.
Posted: December 13, 2017
Acquiring a firm with the talent you need can be challenging in itself, but even a small, targeted acquisition of specific talent can be the boost you need to grow a niche practice.
Posted: October 13, 2017
NJCPA member Gail Rosen shares the lessons from combining her practice with another.
Posted: August 31, 2017
Mergers and acquisitions have proven to be far more productive and much more
successful than building growth organically. The most successful firms that use M&A
as a growth strategy start with small deals and target larger M&A prospects. Find out how they do it.
Posted: August 3, 2017
Are you considering the purchase, sale or discontinuance of all or part of a CPA firm? Consider these case examples as to how the Code might apply to the transaction.
Posted: August 3, 2017
With fewer highly experienced employees to replace those who retire, accounting firms may need to get serious about succession planning. Here are four steps firm leaders can take to make this a priority and adapt to the talent shortage.
Posted: June 26, 2017
Enrollments in accounting programs nationwide are at or near all-time highs. Nevertheless, in percentage terms, fewer graduates of accounting programs are proceeding to become CPAs. Find out what are the challenges today.
Posted: June 5, 2017
Many CPA firms wish to remain independent, but few of them have completed and implemented formal plans to ensure their legacy. Succession plans shouldn’t be static. Read to find out more.
Posted: May 24, 2017
When it comes to a merger of accounting firms, the process can depend on way more than the bottom-line financial terms of the deal. Without a clear view of the culture, one side or the other may be surprised later in the negotiating process.