Firm & Practice Management
Posted: June 29, 2017
The managerial approach Lean Six Sigma is not necessarily new but those who have not implemented it can be seen falling behind. Here are five strategy trends to position your firm in the best way to use LSS to its fullest potential.
Posted: May 22, 2017
By using judicious, solid components of recovery, such as business continuity planning (BCP), disaster recovery (DR) and penetration testing, businesses can diminish losses and emerge from misfortunes relatively unharmed and ready to persevere.
Posted: May 12, 2017
Competing in today’s complex business environment presents unique challenges for CPAs and their clients. Growing business, staying one step ahead of the competition, and attracting and retaining staff have become top priorities. Read more on playing the game.
Posted: March 30, 2017
Not only does a huddle meeting let managers know what’s going on, but it also gives other team members an opportunity to step up and help.
Posted: December 8, 2016
The IRS aggressively examines C corporations and S corporations to make sure that shareholder-employees are not over or underpaid. A key consideration is properly structuring executive compensation to stay out of trouble with the IRS.
Posted: November 8, 2016
Explore why pricing upfront - providing the client with a price for each job before you start the work - is the only way for your firm to go.
Posted: November 7, 2016
On Nov. 8, voters in nine states will consider ballot initiatives to legalize marijuana – a move that could create new businesses that will need CPA services. However, conflicting federal and state laws mean that CPAs have to carefully consider the risks of providing services to these businesses.
Posted: October 28, 2016
The key to providing great client service and meeting the professional and legal requirements for third-party verification is understanding the real question and expected response from the client and third party.
Posted: October 3, 2016
Traditionally, accountants have been seen as boring stuffed suits worried only about “the numbers.” But with the influx of younger accounting professionals forming their own full-service CPA firms before the age of 40, those perceptions are quickly changing.
Posted: September 28, 2016
The most difficult and complicated partner compensation scenario may surprise you – it’s firms with 2-3 partners. Why?