Succession planning should be an everyday event, not a series of events taking place just prior to partner retirements. By running their practices as a business, accounting firms can achieve financial stability, operational efficiency and strategic growth.

CPAs are in possession of their clients’ most sensitive personal and financial details, so it’s no surprise they’ve become prime hacking targets. Steps need to be implemented to ensure better data protection.

New Jersey high school teachers and college professors gathered last month to discuss challenges and solutions to the accounting talent shortage. From firm offshoring implications to image and teaching style, a variety of issues were addressed.