Practice Management

The tool, called the Enterprise Attractiveness Score, evaluates 10 dimensions similar to what PE due diligence teams consider when putting a price on a firm.

For years, tax firms have talked about moving beyond compliance and offering more strategic advice. Clients want that shift, too.

Firms are sourcing new solutions from field staff, which serves to both expand their available tools and upskill their professionals. But like any other project, they aren't just throwing together programs and calling it a day.

Gusto's newest release is focused on the accounting practice management arena: six new AI agents designed specifically for business development for CPA firms.

Many firms aren't prepared for the shift in capacity that's coming. The next few years will sort firms into those that used this moment to grow, and those that didn't.

There are three proven ways a CPA firm can move beyond the revenue level to start pulling the "multiple" lever.

The firm is offering voluntary redundancy packages to a number of staffers in response to low levels of staff attrition in its audit practice.

The International Ethics Standards Board for Accountants decided to move ahead on a project to update its International Code of Ethics for Professional Accountants.

Regional Leader Kernutt Stokes will acquire accounting firm Fordham & Co, effective July 1, to grow its presence in Portland, Oregon.