Partner's Report for CPA Firm Owners
Provides actionable information that firm owners can use to enhance their profits as well as their leadership of the firm. Offers practical guidance on compensation and benefits and distributions, retirement plan alternatives, partnership agreements, professional liability coverage, "rainmaking," profit and operating ratios, and other management/leadership issues. Each issue also includes digests of pertinent management articles from scores of publications.
October 2008 - Table of Contents
Acquisitions of CPA firms—and their very valuable partners and staff—continue despite the uncertainty of the economic roller coaster ride that is still not over.
As anticipated, the Securities and Exchange Commission has set a proposed road map for convergence of U.S. accounting standards with International Financial Reporting Standards. IFRS would replace the use of U.S. Generally Accepted Accounting Principles (U.S. GAAP) (see PR, August 2008, page 2).
An appeals court has ruled that the way the Public Company Accountability Oversight Board appoints and oversees its members under the Sarbanes-Oxley Act is constitutional.
With year-end drawing closer and the continued economic challenges still quite real, cost control is likely to be on your clients’ minds more than ever.
Measuring the results of your CPA firm’s marketing initiatives is important—yet this step in the marketing process still eludes many companies.
Beware the effects of "bad-boss syndrome."
It’s still not too late to do some review and updating on your firm’s financial practices to streamline for the rest of 2008 and into 2009. This is especially practical given the changing economy.
The economy, gas prices, the housing crisis—all contribute to a sense of upset that may be permeating your firm‘s offices.
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