Complex workloads, staffing and work/life balance, the next pandemic surge, engaging and encouraging your team, pivoting for increased profitability … Are You Ready for the 2022 Busy Season?
This article emphasizes the importance of small firm practitioners developing a plan for succession early, including cultivating potential successors within your firm and delegating to specialists.
Maintaining trust in your remote team requires more intentionality and empathy than ever before.
Referrals are a major source of new business for CPA firms, but they aren't the only way new clients find their next CPA. Finding out how clients found your firm can help you develop strategies to ensure your firm remains an attractive option.
The Committee of Sponsoring Organizations of the Treadway Commission has teamed up with Deloitte on a new guide to help organizations combine their risk management efforts with their artificial intelligence initiatives.
Accounting firm leaders long resisted the idea of a workforce that was either completely remote or spent only a few days in the office per week. Thanks to the pandemic, though, resisting remote work is no longer an option.
Pricing is a crucial part of the modernization process for traditional accounting and bookkeeping firms looking to revamp the way they do business and open themselves up to new value. But views on what Value Pricing is can vary as much as advisory among accounting firms.
During National Small Business Week, the Internal Revenue Service wants small business owners to know that information and resources to help them understand and meet their tax obligations are available free at IRS.gov.
The AICPA Professional Ethics Executive Committee (PEEC) issued a revised independence interpretation for practitioners providing information technology services. The revised interpretation clarifies which aspects of providing information technology (IT) services could impair a CPA firm's independence.
What would you do if 40% of your firm quit next week? While such a mass exodus is highly unlikely — at least all at once — it’s a question that every employer should be asking themselves right now.
Economic conditions have long had a significant impact on CPA professional liability claims. In light of the current economic challenges, CPAs will need to be prepared and vigilant to minimize the potential of additional liability exposures.
Since 2016, Luis Vega has run North Haven-based hemp company Wepa! Farms, but now he’s looking to expand into Connecticut’s newly-legalized recreational cannabis market.
The Internal Revenue Service has issued the special per diem rates that take effect Oct. 1, 2021, which taxpayers can use to substantiate the amount of expenses for lodging, meals, and incidental expenses when traveling away from home.
While accountants are among the unsung heroes of the ongoing pandemic recovery, the changing landscape of practice has made them vulnerable to risk.
A growing number of companies are finding it difficult to hire and retain workers, with little relief in sight, according to Willis Towers Watson.
Small, frequent changes in the workplace can drain employees' mental energy, a Gartner study found. That, in turn, makes it less likely that workers will stay with a company and more likely that they'll resist all change at work.
Professional services firm Deloitte will require vaccination against COVID-19 for employees to enter its office beginning Oct. 11.
These tips can help accountants expand their career opportunities.
Hiring and retaining staff are perennial concerns for CPA firms. This year, some employers may be finding it especially difficult to keep staff on board.
A new set of regulations (Regulations 2021-010) requires that any licensee, individual, or firm notify the State Board of Accountancy in writing within thirty days of any change of email address or any other information provided on the last renewal application. This is in addition to the previously required information including mailing address and change of employment.