at aronson & co., lisa cines says technology is reshaping workflows, roles, responsibilities, and how cpas form and maintain professional relationships. by rick telberg if you’re looking for clues to the future, ask lisa cines. until last june, lisa cines … continued
cpas brainwash themselves. here’s how to fight back and finish strong. by jason m. blumer thriveal +cpa network i hear it all too often from the old guard retiring: “i’m worn out,” or “we are merging because we don’t have … continued
and will “the cloud” make them obsolete? there’s a good conversation underway at a posting by david bergstein, “cloud based services or internal technology departments… do we need them?” bergstein, cpa.citp and director of strategic relationships for cch, poses two … continued
we work with hundreds of cpa firms across the country primarily assisting them with m & a of their firms. firms that are successful with using m & a as a strategy to grow have to be agile and open to change. one of our mantras is if you want to stay the same, we can’t help you.
the characteristics of the firms we work with that are the most successful are found in their leadership. the most agile firms have strong leaders that are able and willing to make informed decisions quickly. firms that cannot make decisions quickly find that m & a opportunities pass them by.
strong leadership is derived from several things, including: read more →
there is still a lot of uncertainty in the economy right now.
access to clients is the number one driver behind most of the merger and acquisition activity we are seeing. a broader client base means greater client diversity which translates to more stability for an accounting firm.
‘dealing with the recession has not been pleasant or easy.’ steve erickson www.steveericksonllc.com the “great recession” has reduced the spending of countless millions that has a negative impact on the clients we serve. as a result, our revenues have been … continued
how building the right kind of “learning organization” can be the key to long-term survival. by rick telberg doug thompson, the recently retired president of the cpamerica network of accounting firms, was thinking about the key to success in today’s … continued
new regs, new oversight to drive new demand. paul v. stahlin, the newly elected 2010-11 aicpa chairman said in his inaugural speech that the u.s. is emerging from a period of economic turmoil that has “driven demand for new business … continued
it’s actually much easier to talk about a niche practice than a jack-of-all-trades accounting firm. by hugh duffy build your firm there are many opinions on whether accounting firms should offer services to specific vertical industries and unique audiences. some … continued
if you think you’re immune, think again. the harvard business review has listed the top 10 fatal flaws that derail business leaders. while some may seem obvious, the study revealed something else about ineffective leaders that may surprise you: the … continued
industry shows steady expansion since june. by rick telberg as the nation’s jobless rate ticked up to 9.6%, the accounting and bookkeeping industry showed a new upward trend by adding 3,700 new jobs in the latest month, according to the … continued
everyone knows that partner unity is one of the keys for success. and we know the benefits of having greater partner unity than the next firm – better client service, less employee turnover, superior profitability.
the problem than many firms face is this – they don’t know how to create partner unity.
first, let’s define what partner unity is not.
all partners are not clones of each other
all partners do not have the same skill sets
all partners are not at the same stage of their lives
all partners do not agree on how the firm should be managed
as technology reshapes the world, accounting firms and finance executives must aggressively reshape their business strategies and their own corporate hierarchies, according to a new manifesto from leading thinkers at mckinsey & company.
given mckinsey’s “reach and influence in the senior executive community” (as even a competing gartner analyst admits), finance and accounting professionals need to know the firm’s new list of “10 tech-enabled business trends to watch.” pay attention: your boss or your client (or both) could quiz you about any or all of these hot topics.