Accounting firms perform several services which are critical to the growth of organisations. These services tantamount to practising accountancy as determined by the Accountants Act, 2013 and they ...
IMGCAP(1)] The value of your accounting practice not only affects your firm’s success today but will affect your performance years down the track. Performing an honest assessment of where your firm is ...
Accountants spend a lot of time learning their craft and keeping current. What many do not do as well is keep up with practice management. An easy way is to read some of the many books on that topic.
Emphasis on understanding business processes and data analytics is being expanded while other topics are being phased out as the CPA Exam undergoes a refresh designed to maintain its relevance to the ...
Niche practices are a way firms can distinguish themselves from the competition or offer unique client services. Some firms specialize exclusively on one type of client, while others have a ...
Many accounting firms have family office practices to better serve their clients and generate new business. The wealthy increasingly prefer working with multi-family offices to other private wealth ...
The economic conditions over the last 5-10 years have created a serious demand for CPAs to become much more proactive and act as the ‘trusted business advisor’ for their clients. The reality is there ...
The day-to-day activities of running an accounting practice can make it easy to forget about planning for its future. Yet creating a strategic plan for growth and setting a long-term vision is ...
Balancing the tasks of crunching numbers and managing client expectations reflects the average day of accounting firms. While handling financial transactions is their main function, there's always a ...
Intense competition is forcing accountancy practices to look to non-accountants to help differentiate, bringing into question the value of a traditional partnership model. “There’s a shift in ...
This is a preview. Log in through your library . Journal Information The Accounting Review is the premier journal for publishing articles reporting the results of accounting research and explaining ...
Finding the best accounting practice management software can transform the way your business operates. That’s why we’ve carefully selected the best options based on features, ease of use, and value ...