2014 Roundtable: Re-Recruiting Top Talent without Regard to ‘Parity’

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What to do when your best rainmakers are at the front of the retirement line.

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By Sam Allred
Upstream Academy

Analysis

Leaders of firms are optimistic as they begin to see the firm dials move in positive directions.

Allred
Allred

In most markets, there are positive signs that the recession is beginning to lift: clients making more money, clients asking for more projects/services and a pipeline fuller than this time last year.

On the people side, the exodus has once again started. Most firms have reported they have lost key partner-track people to industry jobs in the past six months. BD is a top-drawer issue with all firms.

The stark realization that the firm’s best rainmakers are at the front of the retirement line has caused firms to get very serious about developing future rainmakers. More and more firms are taking a team approach to landing significant new clients and engagements. Many firms are getting better with the partner goal process and they are excited about the results that come from doing it right. READ MORE →

Tax Return Reviews: The Key to a Smooth Tax Season

EM HTRTR cvr clipTop leadership must set the tone for solid review work.

By Ed Mendlowitz
How to Review Tax Returns

Tax season is a microcosm of everything done in an accounting practice. One of the primary concerns of a business is having the proper processes and quality control procedures. Many firms, however, do not have uniform tax return review procedures, and even when they do, they are not always adhered to. Choosing how to properly use the reviewers’ time and interface them with the staff can contribute immensely to a smooth tax season. READ MORE →