Practice management

These six factors are the common drivers of every high-performing practice.

Accounting firms have been facing problems in filling their open positions as the number of new accountants declines, and one solution may involve rehiring past employees.

Dozens of firms have signed onto an initiative to stop underselling the worth of accountants and collect payments on time from clients.

Buy-sell agreements provide some calm during an upsetting period.

In absence of secure systems that clients and staff will use, horror stories abound.

Five experts helped FP compile a big list of potential deductions and strategies surrounding retirement plans and business entity structures.

Corporations relying on carbon credits to support their green claims now face "robust and credible" proof that the vast majority of such securities aren't fit for purpose.

IMA and EFWA award annual scholarships; Dean Dorton appoints pair of Kentucky market leaders; and more news from across the profession.

Tax professionals may be unaware of the potential benefits that can be gained by partnering with a wealth manager.

Keeping the staff you have is just as important as finding new employees, but firms aren't focusing on it enough.

How many inefficient meetings do we have in which 10 people, each billing out at $100 to $400 an hour, sit around talking about things without having a clear-cut objective or next steps from the meeting?

Technology saves us a lot of time and effort — but it also requires a lot of time and effort. Are we really coming out ahead?

Profits at the U.K. arm of the Big Four firm declined to £1.3 billion in the year to June 2023, from £1.5 billion in 2022

Most accountants and financial professionals think AI will make their individual skills even more highly valued, but many feel it will be the doom of their profession.

The Top 20 Firm is expanding its reach in California and Washington State by adding a firm with offices in the Los Angeles, San Francisco and Seattle areas

For CFOs with passion for the industry and who are willing to buckle up for the long haul, the cannabis niche has plenty of potential.

The managing partner of Market Street Partners — now heading into a major merger with Smith + Howard — says accounting firms are ripe for a fresh approach.

If partners do not have a buy-sell agreement and one of them dies or is suddenly disabled, there will be problems between the survivors and the family of the affected partner.

Your efforts in this area are the essential driver for sustained success in your practice.

Client accounting services come in all shapes and sizes, depending on what clients want and need.