From harnessing cutting-edge technology and artificial intelligence (AI) to redefining client relationships, the next chapter of public accounting promises to be one of reinvention, with innovation as the key to thriving in a rapidly evolving market.
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 MoreStatistics support the number of upward mergers that have swept through the accounting profession and added to the growth of many of the top 100 firms in the country. Many of these upward mergers occurred due to the seller’s inability to attract talent and a lack of succession planning.
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There are many essential factors in planning an Annual Partner Meeting, including selecting the appropriate discussion topics, and developing a relevant and strategic agenda. The following are discussion topics to consider in your agenda planning process.
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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The CPA profession is changing rapidly ̶ ongoing consolidation, a shortage of quality CPAs, baby boomer founding and rainmaker partners retiring, keeping pace with and the cost of technology, intensified competition for new clients and staff, private equity changing the marketplace for deals, etc.
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