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1. 2012 MAP Survey: Signs of recovery   CPEDirect

BY Jeff Drew
Accounting firms aren’t all the way back to where they were before the Great Recession, but they are making progress. That’s one of the many findings of note in the 2012 National Management of an Accounting Practice (MAP) survey, sponsored by the AICPA Private Companies Practice Section in association with the Texas Society of CPAs.

2. 2012 MAP Survey: Signs of recovery   CPEDirect

BY Jeff Drew
Accounting firms aren’t all the way back to where they were before the Great Recession, but they are making progress. That’s one of the many findings of note in the 2012 National Management of an Accounting Practice (MAP) survey, sponsored by the AICPA Private Companies Practice Section in association with the Texas Society of CPAs.

3. 2012 MAP Survey: Signs of recovery   CPEDirect

BY Jeff Drew
Accounting firms aren’t all the way back to where they were before the Great Recession, but they are making progress. That’s one of the many findings of note in the 2012 National Management of an Accounting Practice (MAP) survey, sponsored by the AICPA Private Companies Practice Section in association with the Texas Society of CPAs.

4. Gaining (from) your clients' trust  

BY Lindsey Ferguson, CPA
For decades, CPAs in public practice have laid a foundation of trust with clients by competently handling confidential financial data and performing core services such as tax preparation. Today, forward-thinking CPAs are building on that foundation, expanding their business offerings, nailing down new revenue streams and cementing a more profitable position as their clients’ trusted business adviser (TBA).

5. Gaining (from) your clients' trust  

BY Lindsey Ferguson, CPA
For decades, CPAs in public practice have laid a foundation of trust with clients by competently handling confidential financial data and performing core services such as tax preparation. Today, forward-thinking CPAs are building on that foundation, expanding their business offerings, nailing down new revenue streams and cementing a more profitable position as their clients’ trusted business adviser (TBA).

6. Gaining (from) your clients' trust  

BY Lindsey Ferguson, CPA
For decades, CPAs in public practice have laid a foundation of trust with clients by competently handling confidential financial data and performing core services such as tax preparation. Today, forward-thinking CPAs are building on that foundation, expanding their business offerings, nailing down new revenue streams and cementing a more profitable position as their clients’ trusted business adviser (TBA).

7. Planning and paying for partner retirements   CPEDirect

BY Joel Sinkin and Terrence Putney, CPA
John was one of three founding partners in a firm formed 35 years ago. He oversaw the buyout of the other two founding partners and, as managing partner, groomed three young managers as his successors. However, when the time came for these managers to be admitted as partners, two of them declined, citing their reluctance to take on John’s buyout.

8. Planning and paying for partner retirements   CPEDirect

BY Joel Sinkin and Terrence Putney, CPA
John was one of three founding partners in a firm formed 35 years ago. He oversaw the buyout of the other two founding partners and, as managing partner, groomed three young managers as his successors. However, when the time came for these managers to be admitted as partners, two of them declined, citing their reluctance to take on John’s buyout.

9. Planning and paying for partner retirements   CPEDirect

BY Joel Sinkin and Terrence Putney, CPA
John was one of three founding partners in a firm formed 35 years ago. He oversaw the buyout of the other two founding partners and, as managing partner, groomed three young managers as his successors. However, when the time came for these managers to be admitted as partners, two of them declined, citing their reluctance to take on John’s buyout.

10. Pricing, billing and collecting fees  

BY Edward Mendlowitz, CPA/ABV/PFS/CFF
CPA firms provide invaluable advice to business clients but often struggle to run their own businesses effectively, particularly in the areas of pricing, billing and collections. Failure to set appropriate fees, deliver bills in a timely fashion and collect payment promptly—or even in full—cuts into a firm’s profitability, hurting the business and the accountants in it.
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