Practice and client management

Changes are only accomplished if the firm leaders are committed to improvements.

Plus, Paystand enhances support for Microsoft Dynamics; and other accounting tech updates.

Baker Tilly names chief growth officer; Marcum and KPMG release surveys; and more news from across the profession.

A group of lawmakers has urged the IRS to drop the mandate to follow stringent ID.me standards.

An updated, funded buy-sell agreement can allow a surviving partner to maintain sole control of the business if one of the owners or partners were to die prematurely or become disabled.

Creating unique, clear and meaningful names for your offerings sets your firm apart from competitors and communicates value more effectively to clients.

Whether it's a toxic client, a rogue partner, or an uncooperative superstar employee, high-stakes scenarios inevitably have a negative impact on the firm.

Communications between you and your clients can contain sensitive information that neither of you would want distributed to others.

Too many accounting firms are relying on outdated or inappropriate data to measure their success, says Sarah Dobek.

Whitman Transition Advisors launched two new teams focused on talent solutions and profit strategies.

Fish are literally jumping into the boat these days, and accounting firms need to ensure that they get the best possible catch.

Rapper Fat Joe's 2022 lawsuit accused a former BDO employee of using his accounts and credit cards to withdraw thousands of dollars in cash.

Accounting firms could greatly benefit from adopting some of the strategies and mindsets these technology companies are using to thrive.

Each year Ed Mendlowitz prepares and provides to colleagues with a free, updated checklist file. This year's has 370 pages with 205 separate checklists.

Financial advisors can delight their newest customers by steering them away from the typical traps, deploying new strategies and using technology, experts said.

Many accounting firms run up against the dreaded profit plateau for a simple reason: The owner is too involved.

In an environment of constant change, simply managing change isn't enough.

Learn to be intellectually promiscuous.

Impress upon your clients the importance of engaging you to perform an array of services for them.

The cuts include roughly 240 employees in RSM's consulting businesses, and come as demand for the profession's consulting services wanes.