The Importance of Accounting Firm Benchmarking
Comparing your accounting firm with others not only helps you see how you stack up against the competition but also gives you insight into what you’re doing well and where…
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Getting a Cost Segregation Study Before Time Runs Out
This article discusses a unique tool that many CPAs do not utilize or even know about. The cost segregation study is a way to recognize the fact that a building…
Re-evaluating Employee Benefits to Support Working Parents
This article walks through some of the best practices in terms of human resources that companies should be following during this difficult time. Specifically, reevaluating work policies and benefits packages…
Robotic Process Automation in Auditing and Accounting
Technology has allowed financial professionals to rely on automation systems that change the way accounting and audits are performed. This article discusses how robotic process automation is transforming accounting auditing,…
Record Retention Guidelines
Record retention can be a confusing subject. Many individuals and business owners struggle to understand which records to retain and for how long. You likely understand that it is extremely…
Implementing Crypto in Your Practice
As blockchain and cryptocurrency becomes more relevant, accounting firms find themselves wondering whether or not to implement crypto technology. This article discusses what steps accounting firms can take to familiarize…
4 Steps Accounting Firm Leaders Can Take to Improve Succession Planning
Many firms are competing to retain talent and employees. As the baby boomer generation begins to retire, is the accounting profession ready for a talent shortage to hit the industry?…
How Machine Learning is Disrupting Accounting
Artificial Intelligence (AI) has become the new norm in industries across the globe. For the accounting profession, AI automates tasks such as data entry and audits. Using AI saves firms…
5 Ways to Help Your Team Achieve Work-Life Balance
Employees are at their best when their work and personal life are in balance. When a professional struggles in one area, the other area seems to also lag behind the…
Big Headaches for Small Accounting Firms
With limited resources and not much time to keep up, smaller accounting firms are often faced with some big headaches that larger accounting firms can ignore. In an article from…