Practice structure

I’ve always wondered if others see me as a bit of a “yes person.” I work hard, and I’m proud that the individuals and teams I work with consider me a team player. But always being on deck to help has not always served me well.

Perhaps the most important staffing decision is to know when to hire your first employee. I believe this decision needs to be guided by your goals.

BDO USA said Wednesday its revenue for the fiscal year ending June 30, 2017, climbed to $1.41 billion, a 9.6 percent increase from $1.29 billion in fiscal year 2016.

Survey data has shown that many firms derive very little revenue from value-added, consultative services.

Partners will rise to the task when faced with no alternative.

In 2009, Fourlane was founded in Texas – with no physical offices. Founder and CEO Marjorie Adams talks about the system she’s built over the years to make this possible.

The contest awards firms that have embraced technology.

Females are substantially underrepresented compared to males as accounting firm partners, according to a new academic study that found only 17 percent of audit partners with U.S. audit clients are women.

PricewaterhouseCoopers has recruited two prestigious outside board members in what appears to be a first for a Big Four firm: former Commerce Secretary and Kellogg CEO Carlos Gutierrez, and former U.S. Navy Admiral Carol Pottenger.

I have long advocated hiring entry-level people rather than those with two or three years’ experience.

I have always tried to run my practice as the business that it was. As such, I used certain numbers or metrics to evaluate how I was doing. I did this when I started out and every step along the way as my practice grew.

Professional services companies such as CPA firms are unique animals when it comes to marketing.

Firms are taking a multi-pronged approach to growth, according to Charles Hylan of the Growth Partnership.

The driver behind M&A is no longer always growth, according to Charles Hylan of the Growth Partnership.

Charles Hylan of the Growth Partnership talks about why firm strategies often aren't realized.

In a keynote with institute chair Kimberly Ellison-Taylor, the AICPA prez says accounting will be unrecognizable in five years.

Marcum LLP has named its longtime managing partner, Jeffrey M. Weiner, as chairman and CEO, and David Bukzin as vice chairman.

Most firms face a never-ending challenge finding and acquiring new clients. According to a recent study, over 70 percent of firms make business development a major priority. Here are five basic mistakes that undermine many firms’ ability to attract new business.

Small firm accountants do it all, not just the wide variety of services.

Prof. J. Edward Ketz's commencement address at Penn State offers lessons for all young accountants.