Firm Management

The practice of conducting a business valuation is a mix between art and science. There are standards that guide the professional appraiser, such as the Statement on Standards for Valuation Services (SSVS) published by the AICPA and the Uniform Standards of Professional Appraisal Practice published by the American Society of Appraisers. However, there is also a good bit of discretion involved in developing business valuations, requiring the appraiser to apply professional judgment throughout the process.

A weekly roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.

AICPA survey finds modest growth in plans for bonuses, training, recruitment and capital investment.

Could you ski for 24 hours straight, even for a great cause? An accounting firm in Maine has accepted the challenge.

Nine out of ten times, when a client complains about a price, the price is not the real problem, the problem is some aspect of the service, but the client may not know how to articulate their real complaint, so they focus on price. If you ask why, you can find out the real problem.

The accounting association, CPAmerica International, released the results of its second Information Technology (IT) Benchmarking Survey to all its participants. The online survey collected data from association members in order to provide benchmarking data on software, certifications, training and disaster recovery.

CohnReznick, with operations concentrated in the Northeast and Middle Atlantic States, will combine its offices in Glastonbury and Farmington and lease 50,000 square feet on the top two floors of the Metro Center tower on Church Street. The lease runs for 11 years, and the move is expected in November.

A new report shows that the unusually cold winter across the United States may have had an effect on hiring at small businesses, as sales revenue in many parts of the country were down due to weather conditions.