Most accounting firms reach a point in their life cycles where their ability to generate growth internally falls short of their profitability goals and objectives. Mergers and acquisitions (M&A) have proven to be far more productive and much more successful than building growth organically, which can be a painfully slow process (especially for small firms) and requires significant investments in marketing and practice development efforts and strategies.
Read MoreAccounting firms of all sizes have been challenged to measure and manage partner performance using quantitative Key Performance Indicators (KPIs) for partner performance. Such KPIs include revenue per partner, new business generated, chargeable hours, partner realization rates and write-offs.
Read MoreContemporary succession planning for CPA firms is crucial to ensuring the continuity, stability, transitioning and growth of the firm.
Read MoreErnst & Young LLP will reset base salaries for its accounting recruits starting this fall with pay raises of more than 10%, the Big Four firm said Friday.
Read MoreAn in-depth exploration of the factors driving M&A, private equity, and hybrid deals in the public accounting industry beyond the scope of succession planning.
Read MoreIn this informative and insightful webinar, Joe Tarasco will discuss the private equity model and structure and how it compares to traditional M&A.
Read MoreWhat made your firm successful in the past may not be the same formula that will lead to success in the future, which makes strategizing and planning so critical. The following are some discussion topics that you may wish to consider in your agenda planning process.
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Dan Geltrude is unequivocal about what’s in store for accounting firms. “It’s absolutely a gamechanger for the entire profession,” the CPA told NJBIZ. The gamechanger is a new pilot program, being tested in New Jersey, to create an alternative path to the 150 credits needed to be eligible for a Certified Public Accountant license.
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Private equity is making an impressive return to the public accounting industry. What is the goal of private equity? What is the difference between a private equity investment and a traditional merger?
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