The following online publications are among the many benefits to AICPA Firm Global Connection membership. They cover news, topics and developments related to practicing CPAs in firms of varying sizes. Here you’ll find news and articles on best practices in firm practice management, as well as developments in accounting, auditing, compilation/review, ethics standards and more.
Accounting firms are amongst the most complex business entities from an IT perspective as their individual departments require unique applications and equipment to optimize each department’s production processes. The average accounting firm utilizes more than sixty applications that are constantly being updated on a wide variety of workstations, ranging from multi-monitor tax desktops to mobile workstations designed for auditors and remote consultants....
The feature focus article in the January issue of The Practicing CPA e-newsletter provides tips for the 2016 busy season. The article provides ideas on how to keep calm during busy season stress and highlights solutions to common busy season mistakes. The article also highlights the PCPS Busy Season Calendar, the Tax Practitioners Toolkit, 1040 Tax Return Status Updates, Identity Theft Resources, the PCPS Exploring SSARS No. 21 Toolkit, and the Practitioners Symposium and Tech+ Conference.
A top priority for firms is to grow and maintain a thriving practice in this evolving economy. Join Bill Pirolli, Partner at DiSanto, Priest & Co., as he guides you through the Practice Growth and Client Acquisition Centre, showing you how to utilize powerful customizable tools and sharing best practices and practical tips that are designed to help you win, keep and grow your clients.
Recruiting and retaining quality staff is key to firm success. In this 60-minute webinar, Cheryl Burke, Partner and COO at DiCicco, Gulman & Company LLP, will share best practices and guide you through how to use the tools and information in the Human Capital Centre to help you attract and retain top-quality talent, boost morale and find solutions to your top HR issues.
No matter your level in the firm, you can become a strategic partner to your clients by translating day-to-day client challenges into consulting opportunities. Join Jacquelyn Tracy, Partner at Mandel & Tracy, LLC, for this hour-long tour of the AICPA Firm Global Connection and its Trusted Client Adviser Centre. This webinar will showcase the process and existing tools that you could use today to assist you in transforming your client service and growing your practice.
Workload compression: unfortunately, it’s a new reality in today’s firms. In this issue of Feature Focus, we are going to take a closer look at workload compression. We will start by highlighting key insights to help you gauge how your firm stacks up. Then offer proven strategies you and your colleagues can put to work in keeping it...Read More
My dad was a shoe salesman and entrepreneur. He taught my brothers and me how to sell shoes. I financed college selling shoes. My brothers did too. Then, unlike our dad, we became CPAs. Selling shoes taught us many things. We learned about problem solving and adapting to trends. Most importantly, we learned that it’s not really about shoes at...Read More
“We don’t have a choice on whether we do social media, the question is how well we do it.”
- Erik Qualman
Like it or not, social media has become a mainstay on the professional landscape. The good news is social tools such as the firm’s website, Twitter feed, blog, Facebook page and...Read More
“Why do I need succession planning?
I’m very alert. I’m very vibrant. I have no intention to retire.”
- Sheldon Adelson
Yes, it is a bit daunting to be sharing the latest succession planning news with such an illustrious group of planners. For starters, you totally understand...Read More
The greatest strength of the internet is also its greatest weakness. Sitting at a keyboard, you can quickly access vast and valuable resources which are available at your fingertips. However, unless you are very careful, malware may tag along for the ride. Consider this scenario:
You are at work perusing email and...Read More
The advent of busy season draws many of us towards the dark side of long hours sitting at our desks, craving and eating unhealthy foods, drinking way too much caffeine, and passing by regular exercise opportunities because we “promised to finish one more project before going home.” While we can seldom do much about the number of work hours...Read More
What do tax season and cupcakes have in common? Not much according to my life experience! Over the course of my 33 years in our firm, I’ve raised three kids and they always knew that Mommy didn’t make cupcakes from January 1 to April 15. But cupcakes were a priority once the last return was filed.
Now my children are grown and I’m the...Read More
CES is the largest consumer electronics show held with 3,800 vendors from around the world descending upon Las Vegas each January to pitch the coolest gadgets and deliver the latest product announcements for home, automotive, robot and fitness technology. Many product trends are first proven in the consumer market and then evolve to find their...Read More
The buzz about social media has been around for more than a decade, but there are still those that have not taken the leap for fear that it is too technical an endeavor or a waste of their time. The reality is that as our practices get more specialized and consultative, it becomes increasingly important to reach out to the specific types of...Read More
I took over as managing partner of Brown Smith Wallace on January 1, 2016, after leading the firm’s audit practice for 10 years. We have three offices in the St. Louis area and a total head count of 280 and growing.
We serve private companies with traditional audit, accounting and tax services and provide many of the St. Louis area’s...Read More
Smartphones and tablets have become standard tools utilized within accounting firms and while major accounting applications are adding mobile functionality to their tax, audit and accounting tools, there are a large amount of applications that make CPAs more productive in their day to day office work and when they are on the road. Below are...Read More
CPAs were among the earliest adopters of home offices and remote work as many would drag home their tax files and audit binders to review at the kitchen table after the kids went to bed. This led to many accountants formalizing their remote work environment by setting up home office workspaces so they could work more efficiently. The advent of...Read More
I’ve practiced public accounting for over 30 years. I was a tax partner in a regional firm before launching my own boutique tax practice in Santa Fe, N.M. a few years ago.
Tax season is when I have the most contact with my clients. I love learning about what they’re doing and helping them find the best solutions to their concerns. We...Read More