Practice and client management

The Sustainability Accounting Standards Board and the Global Reporting Initiative announced a collaborative work plan to provide more clarity on how their two sets of standards can be used together.

The controls over the pseudonym program used by Internal Revenue Service employees to protect their identities could be improved, according to a recent report.

As an accounting professional, these are tough days. But that doesn’t mean your practice can’t grow during this season.

2020 is testing the profession’s resiliency like nothing has before, and accountants are losing sleep, skipping vacations, and working longer hours to adapt to the challenges COVID-19 has brought.

A “new normal” is framing day-to-day life as those in professional services return to work.

Your clients don’t want to have to pick up the phone and wait four days for an answer.

You can’t have a bunch of B, C, D or even F clients if you want it to be an A+ practice.

KPMG appointed new leaders in the U.S. of its audit, tax and advisory businesses as the Big Four firm tries to regain trust after a bruising series of scandals.

Disclosures of nonfinancial information, such as environmental, social and governance issues, aren’t always “clear or useful,” according to a report by the Government Accountability Office.

With the switch to remote work, new training methods are needed. Here are some things you can try.

Audit firms can enhance the reliability of environmental, social and governance reporting, according to a new report from the Center for Audit Quality.

Finding ways to not just maintain revenues but increase them is becoming Job One for accounting practices large and small in the pandemic.

BDO USA is adding CFO Advisors and MorganFranklin Consulting’s public sector practice; RubinBrown Advisors combines with Wealth Management Advisors; Wessel & Co. merges in Perry & Co.; and CA PA joins Hancock Askew & Co.

The Sustainability Accounting Standards Board voted during an online meeting last week to open a new standard-setting project to address single-use plastics and bio-alternatives in the chemicals and pulp and paper industries.

It is important to develop a specialty, but it needs to be balanced with the needs of the practice and your interests.

Every accountant and financial planner will make mistakes, says John Napolitano of U.S. Wealth Management -- the question is how you handle them.

A recent webinar hosted by Inovautus Consulting found that polled firms are largely optimistic about the future, but marketing and advisory services remain vital amid the pandemic.

Setting partner compensation is an art and not a science. Show me your compensation plan and I’ll tell you your firm’s strategy.

CPAs have a unique view into their clients who will exit their businesses in the not-too-distant future.

Accounting firm leaders need to hold fast to growth principles in changing times.