Running a Firm (824)
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Sage Picks Accountant Program VP
- Monday, 17 August 2015
- People & Moves
- Written by The Progressive Accountant
Sage North America has hired Ray Barlow as VP of accountant solutions. Barlow comes to Sage after leading Intuit's Accountant & Advisor Group at a time when that company was building a program to service accounting firms. At Sage, he has responsibility for the accountant business in North America.
Valuing A Practice for Partner Retirements
- Wednesday, 22 July 2015
- Running a Firm
- Written by Gary Adamson
There are 76 million Baby Boomers in the United States, defined as those of us
born between 1946 and 1964. Accounting firms across the country are full of
Boomers with 61 percent of all partners now over the age of 50, all marching toward
retirement.
Weaver Promotes Names Six New Partners
- Monday, 13 July 2015
- People & Moves
- Written by The Progressive Accountant
Weaver, a Dallas, Texas-based accounting firm, has named six employees as partners. These include Sara Dempsey in assurance services, who joined the firm, in 2005 and Rob Myatt, in tax and strategic business services, who came to Weaver in 2006 as a manager.
Protecting Against Elder Fraud
- Sunday, 05 July 2015
- Running a Firm
- Written by The Progressive Accountant
Older Americans are perhaps the most vulnerable targets of financial fraud. In fact, according to a new survey from the American Institute of CPAS, in the last five years elder fraud has increased 47 percent. However, the AICPA PFP Trends Survey found that fraud against the elderly, in most cases, causes more of an emotional impact (37 percent) than a financial impact (5 percent).
Read more...Xero Picks Next CFO
- Tuesday, 30 June 2015
- People & Moves
- Written by The Progressive Accountant
Xero has hired Sankar Narayan as its CFO effective in October. He will move into the position vacation when Douglas Jeffries resigned the position in February after eight weeks on the job. Narayan joins the low-cost cloud accounting software manufactuer after serving as CFO of Virgin Australia for four years.
How Many Charge Hours for Managing Partners?
- Monday, 15 June 2015
- Running a Firm
- Written by Gary Adamson
Most CPA firm partners ask the question a little bit differently. It goes something like: “We have X amount of revenue and Y number of partners, so how many chargeable hours should our managing partner have compared to the other partners?” And the next question usually is: “How big should the managing partner’s book of business be compared to the other partners?"
Read more...Keeping a Practice Ahead of Consumer Trends
- Thursday, 04 June 2015
- Running a Firm
- Written by Rene Lacerte
You run to the corner store to pick up some milk. At the register, you pay with A.) Debit card; B.) Credit card; C.) Cash; D.) Check. How did you answer that question? I'll bet that most people responded with A or B. There could even be a couple that answered with C.
Effective Business Valuation Report Writing
- Tuesday, 02 June 2015
- Running a Firm
- Written by Mary Ellen Biery
Business valuation services are among the highest-growing niche services among Top 100 accounting firms. One aspect of providing this service, however, is notoriously time-consuming and frustrating: Writing business valuation reports. At the same time, it's crucial that you produce a quality report, according to Rod Burkert, who teaches a course on business valuation report writing and who is founder of Burkert Valuation Advisors.
Five Top Mistakes Rental Owners Make
- Tuesday, 05 May 2015
- Running a Firm
- Written by Rob Stephens
Purchasing a rental property is a significant investment and what can be the start of a scary, but rewarding, adventure for many of us. We purchased our first vacation rental over 15 years ago in Colorado, and we needed the rental income to afford the property.
Read more...Report: Making Work Flow Smoothly
- Tuesday, 28 April 2015
- Running a Firm
- Written by The Progressive Accountant
Tracking paper through an accounting firm can resemble the historic search for the origin of the Nile River—everyone knows that information into the firm and comes out, but nobody is exactly sure how it finds its way from one end to the other. Processes can be a tangle of partner quirks and things that have developed by accident. Workflow cannot be that way if firms want to maximize profits. They need to determine how paper moves from one person to another and what tasks each performs. This special report discusses how modern software can provide a well-lit trail.
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