Daily Archives: May 17, 2010

12 Hot Growth Tips for CPA Firms

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Four top experts lay out action plans.

by Rick Telberg

Accountants and finance executives are finding a newly complex and competitive landscape that requires new strategies and determination, according to a sampling of leading experts.

Bourke

James C. Bourke, CPA.CITP, partner at WithumSmith+Brown, tells me that “keeping competitive and profitable at the same time” is one of the three key challenges he sees facing accountants today.

In addition, he says, accounting and finance managers are struggling to keep “staff busy” and stay “on top of client confidentiality rules and regulations.” Some 47 states have now passed privacy security rules that CPAs need to understand, Bourke says.

To be sure, the opportunities for accountants are just as broad as the challenges.

Bourke sees potential leverage at firms that can: READ MORE →

Big Firms Exit Hawaii Market

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Locals gain strength. Grant Thornton is selling its Hawaii practice to two partners who are taking the new firm into the PKF network. It’s the latest news from Hawaii. A couple weeks ago we reported Hawaii Mandates Peer Review for … Continued