Succession planning

The best prepared accounting firms manage to be more productive and profitable, according to a new study by Wolters Kluwer CCH.

The American Institute of CPAs has asked the Equal Employment Opportunity Commission to reject appeals by EEOC staff to investigate and litigate against accounting firms about their mandatory partner retirement provisions, saying in a letter Monday that the classification of partners as employees would be disruptive to the accounting profession and its business practices.

The CPA Consultants' Alliance has launched a new survey to collect information on succession planning in order to determine how partners in CPA firms view their firm’s ability to address the succession of their partners as they approach retirement.

U.S. Wealth Management president and CEO John Napolitano discusses how accountants can help clients find opportunities for financial planning when preparing their clients' taxes, in an interview with Accounting Today managing editor Tamika Cody.

CPA firms need to treat succession planning like Sylvester Stallone’s character, Barney, does in the movie "The Expendables 3."

H&R Block has created a new program to draw CPAs and other accountants who are interested in selling their practices or becoming H&R Block franchises, with the new service spearheaded by accounting industry consultant Jennifer Katrulya.

Succession planning requires a pipeline

Thousands of firms are working through the succession and retirement of senior partners and deciding along the way whether or not they can pull it off internally and stay independent.

Check out the digital edition of the July 2014 issue of Accounting Today.

Highlights of some of our favorite tax-related blogs from the past week.

Transition Advisors president Joel Sinkin discusses how firms should handle succession planning when considering a merger, in an interview with Accounting Today editor-in-chief Daniel Hood.

Transition Advisors president Joel Sinkin discusses his new book on how accounting firms can execute a successful merger or acquisition, in an interview with Accounting Today editor-in-chief Daniel Hood.

CPAs come in all shapes, sizes and colors. Each one has their strengths and weaknesses. And each one bases success off of what they see as success.

As we work through the succession and retirement of senior partners in our firms, a lot of us are also reviewing and updating our internal documents and agreements.

Software partner veteran Terry Petrzelka, now a valued advisor and consultant to vendors and resellers discusses the oft avoided issue of succession planning, how firms should be measuring themselves and what exactly is going on with cloud ERP, or the comparative lack thereof.

The digital edition of the December 2013 issue of Accounting Today is now available.

Check out the digital edition of the November 2013 issue of Accounting Today.

Aquila and Grissom on finding solutions to the feuds between different age groups in the workplace

Every firm is working through the succession maze and dealing with the exit of key partners in the firm.

Three different generations offer advice to each other