Firm & Practice Management
Posted: July 16, 2018
The purchase or sale of a CPA firm brings into focus a whole new set of ethical considerations for buyers and sellers, as they need to take great care to protect clients' best interests. Obtaining clients’ permission for transfer of files is a key responsibility.
Posted: June 21, 2018
Attendees at the New Jersey Society of Certified Public Accountants (NJCPA) 2018 Annual Convention & Expo stepped out of their comfort zone to reflect on what the future of accounting holds for themselves and the industry — automation, artificial intelligence and all.
Posted: May 16, 2018
Preparing for the future of one's own firm can be far more daunting to CPAs than planning for those of their clients’. From making themselves more marketable to succession planning for the firm, CPAs today need to not only adapt to changes in the accounting profession but learn to thrive in spite of them.
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.