Practice structure

The international association adds members is Belgium and France; EisnerAmper wins a PAM Award, Armanino is named Adaptive Insights Partner of the Region; and more news from across the country.

My two columns in January on having a firm specialty of being a generalist have generated considerable comments and emails to me.

Why do so many firms fail to get to the next level? Arguably the principal reason is the lack of a quality partner group.

A generalist has to be knowledgeable in most areas, but possibly expert in none.

The right number and titles of positions in a firm lead to stronger firm stability and growth. They can also lead to better employee job satisfaction and employee longevity because they set a clearer path to partner.

For all the fears of the older generations, the accounting profession (and your firm) will be in good hands with the Millennials, ConvergenceCoaching partner and consultant Tamera Loerzel tells Accounting Today – though it may require some adjustments all around.

Here's one task for each month of the year to help you build your practice.

Talent is the lifeblood of any company, and in the current competitive environment, CPA firms face plenty of challenges to becoming a place people want to join -- and stay.

As we reflect on the upcoming year, leaders in mid-market CPA firms need to address five practice challenges as they approach 2017.

Construction expert Aaron Woosley joins the firm to head the new Bowling Green office; Armanino releases its CFO Evolution Survey; and a roundup of other news from practices across the country.