Practice Management

Last week I conducted a breakfast meeting of the Withum Partners’ Network and I was asked a question that was not answered, so I’ll answer it in this column.

Thomson Reuters’ Jon Baron warns that roughly a third of accounting practices are likely to disappear.

CPA firms aren’t just merging with other CPA firms any more – they’re scouting out practices in HR, IT, engineering, financial planning and many other areas, according to Transition Advisors’ Bill Carlino.

Carr, Riggs & Ingram, a Top 100 Firm that has mostly operated in the Southeast, is expanding to New Mexico and Texas by merging in RPC CPAs + Consultants, LLP, New Mexico’s largest CPA firm.

Armanino gets approved, KPMG wins an award, associations add international members, and other highlights from practices around the country and the world.

BerryDunn hires en masse; CohnReznick names a new New York City tax leader; and other personnel news.

Hurricanes Harvey, Irma and Maria, and the recent wildfires in California have affected millions of people and led to an outpouring of charitable gifts and donations, including contributions from businesses with employees in the path of the disasters.

Time to exhale, sit back and think ahead to what you want 2018 to look like at your accounting firm.

Firms are joining forces in Texas, Michigan and Pennsylvania.

Cherry Bekaert LLP, a Top 100 Firm, is expanding its presence in the Washington, D.C., area by adding Berlin Ramos & Company PA, effective Nov. 1, 2017.