Practice and client management

BKD and MBAF each relocate NYC offices; AAM celebrates 30 years with new logo and Facebook Live event; and more CPA news.

Illinois firm Scheffel Boyle also donated 34 care packages to active U.S. service members.

For years, accounting firms have relied on firm partners to use their personal and professional connections, charisma, and contacts to “make it rain” — to bring in new business and revenue that would enable the firm to grow and succeed.

The International Ethics Standards Board for Accountants has released a set of revisions to the International Code of Ethics for Professional Accountants, making some changes in the independence standards for assurance engagements, other than audit and review engagements.

Get working on it now, before the filing season rush begins.

The Internal Revenue Service’s announcement last month delaying a requirement for reporting partners’ share of partnership capital offers some extra time to busy tax practitioners, but the issue still isn’t going away and may lead to some other problems.

The Avantax Wealth Management parent views HK Financial as another way of working with CPAs and tax professionals branching into the field.

The clients and markets of the future will require firms and accountants to think more clearly about the investments and effort they want to put into developing new capabilities, according to consultant Gale Crosley.

Start 2020 by firing yourself as the boss, CEO or managing partner. Then rehire yourself. As the new, CEO what would you do to justify the confidence you had in you?

Armanino and its Armanino Foundation also announced $50K in donations to various nonprofits to mark the firm's 50th anniversary.

A college student client may not initially provide a lot of income for the firm, but with the right guidance, there could be a big return on investment.

Teach clients to avoid the end-of-the-year rush to make the most of their donations.

The seven characteristics of a strong firm compensation plan.

A starter pack of 12 tasks to help accounting firm leaders work on their businesses, instead of just in them.

Everyone benefits from a well-thought-out plan, including staff and clients.

How about a “Christmas” letter about your practice, describing how you did professionally, what you wish you had done and what you now resolve to do next year?

Technology should be an ongoing part of your business.

For tax year 2018 filings, the IRS made a drastic change to the Form 1065, U.S. Return of Partnership Income, that went unnoticed by most practitioners.

Rea & Associates complete annual Help Can Hunger competition; KPM promotes six; and more CPA news.