October 2011 - CPA Trendlines

Politics Trumps Common Sense at FASB

October 27, 2011

FAF rejects independent private-company rule-making panel: Just “politics and turf?”

by John Sharbaugh
Texas Society of CPAs

A couple weeks ago, the Financial Accounting Foundation issued a proposal to create a new Private Company Standards Improvement Council responsible for determining whether exceptions to GAAP should be allowed for private companies in appropriate situations. Any recommendations from this new PCSIC would have to be ratified by FASB before they would become effective.

Is ‘Expertise’ Blocking Innovation at Your Firm?

October 27, 2011

By L. Gary Boomer

And five areas where innovation will produce significant results

by L. Gary Boomer

Accounting firms generally are not who you think of when you mention “innovation,” yet many firms excel at innovation and there is a pattern to their success.

5 Strategies and 13 Tactics for Client Retention

October 25, 2011

By Rick Telberg

Special Report The New War for Clients — Click for the Special Report

Step 1: Start showing how much you care.

by Krista Remer and Jennifer Wilson
ConvergenceCoaching

So, what does it really take to retain clients?

Here are a few ideas that could help you focus on what really matters most to your clients:

READ MORE →

Top Tech Habits of High-Performing Firms

October 24, 2011

By Rick Telberg

High performing firms continue, year after year, to experience measurable increases in productivity, by a margin of 6-to-1 over low-performing firms

Seven Tech Lessons for Busy Season

October 21, 2011

By Rick Telberg

It’s the best time to learn the tough lessons to apply next year.

1239742151239_Roman-Kepczyk — Roman Kepczyk

With busy season a frenzy, most professionals keep their heads down and their noses to the grindstone.

But if you’re in management, you can’t afford to waste the once-a-year opportunity to take notes on what’s working, what’s not and what to do about it before the next busy season.

With that in mind, Roman H. Kepczyk, CPA.CITP, lists seven tech tends to watch: READ MORE →

The Top Ten Things the AICPA Wants You to Know about ‘The Future of the Profession’

October 20, 2011

By Rick Telberg

aicpa horisons 2025 cvr — Click to Download

The forecast: challenging, but cheerful.

After a year-long project gathering comments from 75,000 of some 350,000 members, the AICPA has released a long-awaited study on the future of the profession.

The report, CPA Horizons 2025, identifies “global and local trends and the steps CPAs can take to plan for the challenges and leverage the opportunities the future will hold,” according to the AICPA.