Daily Archives: January 31, 2012

Seven Steps to Building a Great Partnership

By

August Aquila
August Aquila

What makes an accounting firm great? by August Aquila Aquila Global Advisors  Too many firms don’t give a lot of thought to the question.Their main concern is surviving. But the sooner a firm can start focusing on what makes a great partnership, the better off it will be. Think about this, if you don’t address this question, how will you know if you are admitting the right types of partners?  What technical and personal skills would you want? What personal values (character) would you look for? Here are seven characteristics that form the foundation of a great partnership. If you are missing any of them or if you merely need to improve in some areas, now is the time to start strengthening your firm’s foundation. READ MORE →

SURVEY UPDATE: Busy Season Shifts to Hi Gear

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red pencil survey

And so, too, the mood of the accounting profession.

 by Rick Telberg

The outlook for a better busy season is improving among tax and accounting practitioners, with 16% reporting “much better” operations in January, up from 11% in the year-ago month and continuing a string of monthly year-over-year advances in the CPA Trendlines polling.

Complete findings are published in The CPA Trendlines Practitioner’s Tax Season Performance Review and Outlook Report. (Learn more here)

Overall, practitioners are headed into the jaws of the February busy season with 57% of them reporting generally positive results. Only 19% are calling for worse and 25% forecast no change.

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75% of CEOs See Shortfalls in Accounting for Value

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Survey unveiled at launch of new credential.

About 75% of the world’s CEOs say more emphasis should be placed on measuring the value of non-financial assets such as intellectual capital and customer relationships to drive long-term performance.

But just 51 percent of nearly 300 CEOs surveyed in 21 countries say their organizations currently measure the value of non-financial assets well or very well. And only 12 percent now turn to their finance teams for help with the task.

FREE INSTANT DOWNLOAD for CPA Trendlines PRO Member
For the full report, click: READ MORE →