What small firms need to know about succession and M&A

We’re delighted to share this podcast interview with our Managing Director, Terry Putney, on the Journal of Accountancy Podcast.   CPA firm partners looking to retire in the next few years need to make sure they have a succession plan in place as soon as possible. That’s one of the messages shared in the latest […]

Live Webinar – Data Strategies As A Profitability Builder for CPA Firms

Typically CPA firms have not thought about the myriad of data points that are generated in their firms. Everything from CRM to Staff Scheduling, Payroll to Engagement Budgeting and Time Entry, and Financial results at the client engagement level. Well as one of our clients clearly stated “If you’re not managing your date, you’re not […]

Client Relationship Management: A New Paradigm

When the COVID-19 pandemic hit, most staff at accounting and advisory firms – and the staff of their clients – packed up and went home. For the firms, however, business didn’t stop or even slow down. In fact, clients needed more services and guidance from their advisors than ever. How and where accountants and advisors […]

Firm of the Future Conference

Event Date: October 24, 2019. Specifically designed for partners and firm managers, this brand new conference focuses on best practices for building and managing your firm.  Topics will include Advisory Services, Human Capital, Technology and Succession Planning. Date: Thursday, October 24, 2019 (Add to calendar) Time: 8:00 am – 12:00pm (opens at 7:30 am) EST Location: CTCPA Education Center, […]

Are You Prepared? 5 Cyber Liability Tips and Best Practices

In the past, many CPAs assumed that cyber breaches were limited to large corporations and retail establishments. However, it has become all too apparent that CPA practices and other small businesses are just as vulnerable as large multinational organizations. Moreover, the financial and private nature of financial data and client records many CPAs are responsible […]

Everybody, Somebody, Anybody & Nobody

When it comes to accountability we frequently see leaders have seemingly great meetings, but typically everyone walks out of the room without clear expectations as to who is doing what.  We believe every meeting should end with an accountability matrix.  What things are you not doing that you think everybody else is doing?

7 Aspects of your CPA firm culture that can make or break a merger

When it comes to a merger of accounting firms, the process can depend on way more than the bottom-line financial terms of the deal. President and CEO of Whitman Business Advisors LLC,  Philip J. Whitman, CPA, suggests many features of the firms involved will have an outsized impact on the key merger factors, such as compensation […]

Don’t let a fearful mindset hold you back

Of all the obstacles to success in accounting, accountants’ own fears may be one of the most important. Consultant Phil Whitman discusses the many ways the profession gets in its own way — and how to overcome them. Originally broadcast on Accounting Today

Keys to Stress Management

Stress is a long-term effectiveness and happiness killer.  Stress is also part of our lives so taking the time to learn methods to handle it more effectively is worth the effort.

Little things mean a lot

So often, when I walk into a firm, it appears that the client is unimportant. Magazines that are old.  Chairs that are uncomfortable.  Lights that flicker. Tomorrow walk into your office – and ask yourself – “If I was a client is this a place, would I want to do business with them?” Is the […]