Firm Management
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Report Says Undocumented Immigrants in U.S. Pay Nearly $100 Billion in Taxes
Emburse and Finexio Partner for B2B Payments
How Generative AI Will Disrupt Accounting
Mid-Market Optimism Hits Pre-Covid Record Highs
Paperback Version Of “Next-Level Accountants” Now Available
The paperback version of Next-Level Accountants: Your guide to growing a firm of trusted advisors is now available. The book that brings together top accounting and valuation industry thought leaders to provide advice on how firms can add value to client engagements and grow their practices. Just in time for summer reading, the book is now […]
Illinois CPA Society Awards 34 Accounting Scholarships
Each year, The Society and The CPA Endowment Fund provide about $185,000 in financial support and outreach assistance to qualifying students who are working towards becoming CPAs. ICPAS scholarship programs are funded by contributions to the CPA ...
5 Ways Managers Can Improve Performance Reviews
Performance review meetings can bring stress to both sides of the table. But it doesn't have to be that way. With the right planning by supervisors, the meeting can be a productive, stress-free event. Business Management Daily's Editorial Director ...
Should Your Firm Join an International Accounting Alliance?
Small to mid-sized accounting firms are traditionally viewed as serving only local clients, but with rapid increases in technology, the world is quickly becoming a smaller place to do business. As globalization presents numerous opportunities for ...
Most U.S. Companies Lagging On New FASB Revenue Recognition Standard
60 percent of respondents indicated that they are running behind schedule in their overall implementation of the standard, which has an effective date as early as January 1, 2018, for many organizations.
Keys to Profitability That CPA Firms Overlook
Partner income percentage is impacted much more by staff-partner ratio than by innate profitability. Many partners have a rule of thumb that 33% is an acceptable partner income percentage, and that to be truly profitable, 40% or more should be the ...
Professionals on the Move – June 28, 2016
A roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.
IT Efficiency Tips for Accounting Firms
Using outside IT consultants. Most small firms can’t justify having a Terry or a Matt on board full time, so they make generous use of outside IT consultants. One of the main issues to be alert to: Consultants may do a good job when contacted, but ...