Selling a practice is a life-changing event for most people. It means letting go and deciding to retire. It also means monetizing the practice that provided your living and added savings for your long ...

If you own an accounting practice, you will likely sell or merge it within your lifetime. For many Baby Boomers, the time for such a transaction may be just around the corner. Before you are ready to ...

Traditional accounting practices track business performance based on long-established standards and systems. While accounting practices should be a close function of the business they measure, they ...

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 ...

A CPA firm, like any business, is subject to legal risks for the simple fact that it is a business that employs people, maintains vendor relationships, and owns or leases real estate, among other ...

After observing client accounting services (CAS) practices at many firms, Bill Reeb, CPA/CITP, CGMA, noticed a pattern: CAS revenue would grow steadily until it reached about $2 million a year. At ...

Becoming a Certified Public Accountant (CPA) is no small feat. After all, if it were easy, everyone would be one. CPA licensure requires a deep understanding of complex accounting principles and a ...