Partnership agreement

A buy-sell agreement between the joint owners of a closely held business or professional practice is critical for the orderly continuation of the business following a “triggering event,” such as the death, divorce, disability, bankruptcy, retirement or termination of an owner.

Many firm leaders are in denial and fall short of what’s required, and that’s the principal reason why so many firms can’t get to the next level.

How can we adapt techniques that educators and educational institutions use in preparing for online classes to our fall work lineup?

Transition in CPA firms is a process that has passed the test of time and has been managed in good times and bad.

It's not just about higher status and more pay: There is plenty for new partners to know and do, and unfortunately many firms do not have any training for them.

Small and midsized firms need to prepare for a world of reduced liquidity and lower organic growth.

The pandemic is restructuring many of the calculations in mergers.

If your firm doesn't have a plan, you need to start working on it fast.

Mergers take numerous forms.

These seven questions can determine where you stand in the grim landscape of CPA firm succession planning.