What's the Big Idea?

10 concepts that could be the Next Big Thing for your firm and the profession.

Inclusion Inclusion

While it functions as a modern lens for traditional diversity initiatives, the concept of inclusion goes far beyond an update in terminology, instead offering a more expansive, progressive idea of a representative workforce.

Higher Level Client Advisory Services Higher Level Client Advisory Services

While the general public usually pigeonholes accountants as tax preparers, CPAs should be capitalizing on another, more lucrative public perception to market their unique skillset—that of "trusted advisor." Some firms already have, by adding higher-level advisory work to their client services.

Soft Skills Soft Skills

What does strength-based psychology have in common with an accounting firm's strategic plan? Not much, before soft skills-based leadership training made its big mark on the profession, giving accountants new tools of introspection and goal-oriented planning.

Value Pricing Value Pricing

Firms that have embraced the progressive, anti-time-sheets model continue to perfect the blueprint, with some forming proposal-approving value councils and others offering clients "value solutions" packages.

Entrepreneurship Entrepreneurship

Progressive firm leaders are striking a new tone at the top, one that celebrates autonomy and creative freedom, and ripples down to challenge and empower staff to do their best work. As business owners, these firm heads understand the value of personal growth and trial-by-fire, and encourage that entrepreneurial mindset.

Big Data Big Data

Big data can reap big rewards for firms that use their predictive power to advise clients. And with technology vendors optimizing predictive market analytics to integrate into traditional decision-making processes, firms have a unique opportunity to be the vanguard of this valued service.

Hiring Non-CPA Professionals Hiring Non-CPA Professionals

In today's economy, marketing and sales can no longer be the part-time pursuit of senior staff, and some client industries require dedicated, non-CPA experts. Mid-level accounting talent is also becoming scarcer, so hiring outside the profession is not only a differentiator but economical.

The Virtual Firm The Virtual Firm

The few accounting firms that have completely ditched the bricks of a company office to prove their case for a more productive and mobile workforce are admittedly still refining their new ideal. As pioneers, they do have the rapid pace of technology on their side, as the hot mobile trend, especially, keeps staff and clients more effortlessly connected.

Continuous Auditing Continuous Auditing

The technology-enabled liberation from traditional time constraints responsible for most of today's fastest-gaining trends also brings viability to the continuous auditing model. Busy seasons could be a thing of the past, as today's reporting tools have the potential to keep the books open for near real-time, detailed scrutiny.

Knowledge Management Knowledge Management

Think of this as asset management for one of your firm's most valuable assets: the knowledge and expertise of your staff. Most firms don't know what their employees know, and so are unable to capitalize on it for solving client problems or developing profitable new services. Some, though, are beginning to find a new home for this knowledge base in software that connects a firm's valuable network of internal experts.

Year-End Tax Tips

Steps to take before the New Year for a better tax return in 2017

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2017 in Numbers

Your peers' plans for the next year in accounting

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Meet the 2016 Best Midsized and Large Firms to Work For

An inside look at some of the best midsized and large workplaces in accounting

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Meet the 2016 Best Small Firms to Work For

An inside look at some of the best small workplaces in accounting

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10 Year-End Tax-Planning Tips for Individuals

Grant Thornton has released a collection of Year-End Tax Guides for 2016. Here are 10 of the most important 2016 tax-planning considerations for individuals.

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10 Ways to Lose a Client

BKR International shares the quickest ways to shrink your business.

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The 2016 MP Elite

The fifth edition of our annual report highlights eight outstanding accounting firm leaders.

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CPAs Giving Back

Illinois CPA Society holds its 7th annual CPA Day of Service

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10 Habits That Threaten Your Firm’s Data Security

EFilecabinet CEO Benoy Tamang shares the bad practices that are endangering your firm’s and your clients’ critical information

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7 Things You Need to Know About Private Tax Collectors

H&R Block’s Jim Buttonow shares critical facts about the upcoming IRS program

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