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New Year’s Resolution: Healthier accounting firm growth with a pipeline full of better clients

Abrigo

In the same way, for those of you who would like to ensure accounting firm growth in the new year, it’s not too early to make an important resolution and begin considering implementation strategies. percent, according to The 2013 Big Four Performance Analysis by Big4.com.

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Thought starter: Top challenges accountants face and actionable ideas to solve them

Abrigo

This shift can be of particular concern to accounting firms that are not as forward-thinking as their peers. Grooming promising CPAs to become a partner in the firm should be kept top-of-mind for human resources and the current management.

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4 Ways providing valuations can help your accounting practice

Abrigo

Providing business valuations is a type 2 service, or a higher-level engagement beyond traditional accounting, auditing and tax services. Appraisals can also fit in naturally with an accounting firm’s existing service line-up because they touch on many areas, such as tax planning, succession planning and business strategy.

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More banks predict larger impact from CECL model

Abrigo

Compared to polls conducted in February 2014 and February 2013, the percentage of bankers expecting a 10 to 50 percent increase has steadily risen, while the percentage expecting an increase of less than 10 percent has decreased. Each poll conducted had more than 250 responses. Each poll conducted had more than 250 responses.

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How to increase efficiency and minimize risk in the audit process using analytics

Abrigo

Jackie McLaughlin, CPA, started her career in a Big 4 public accounting firm. Since leaving public accounting, she has been an internal auditor, a tax preparer and a controller. She's also done forensic accounting and has written extensively on the accounting field.

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Poll: Accountants want substantially more revenue from advisory services

Abrigo

Indeed, a 2013 research study estimates that nearly half of total U.S. employment is at high risk of becoming automated over the next 10 to 20 years, and the study ranked accountants and auditors in the top one-sixth of the most automatable occupations. Experts offer numerous tips.

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The state of U.S. small businesses

Abrigo

Small firms accounted for nearly two-thirds of the net new jobs created between 1993 and mid-2013, and they provide nearly half of private-sector employment. Through its cooperative data model, Sageworks collects and aggregates financial statements for private companies from accounting firms, banks and credit unions.