Practice Management

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Practice Management

To help improve the management and operational efficiency of practices, especially small- and medium-sized accountancy practices (SMPs), this area is intended to help those managing practices to address opportunities and challenges; improve their competitiveness, profitability, and sustainability; enhance their expertise, competence, and efficiency; create an environment conducive to the provision of high-quality services; and showcase global best practices and latest practice management techniques. Read More


The Evolving Advisory Role of SMPs in Supporting the Internationalization of SMEs

by Paul Thompson, Director, Global Accountancy Profession Support, IFAC and Robin Jarvis, Professor of Accounting, Brunel University | December 18, 2014 |

In today‚Äôs global economy, small- and medium-sized entities (SMEs) are increasingly expanding their operations beyond their home jurisdictions, and they are looking to their accountants for support. As trusted business advisors, accountants can play a key role in supporting the internationalization of their SME clients. Read More


It’s All about Culture—And Culture Starts at the Top
by Carla M. McCall, Co-President Alexander Aronson Finning CPAs | December 1, 2014 |

Carla M. McCall, Co-President Alexander Aronson Finning CPAs, provides insights into some of the features that make for a winning corporate culture. Read More


Growing Your Practice: Agreed-Upon Procedures Engagements
by Dawn McGeachy, IFAC SMP Committee Member & Chair of the Implementation Guidance Task Force and Christopher Arnold, Technical Manager, SME & SMP Affairs, IFAC | October 28, 2014 | 1

Recognizing that agreed-upon procedures engagements have the potential to be an attractive and fast-growing service offering to SMEs, the IFAC SMP Committee is interested in how these engagements are being performed under ISRS 4400, Engagements to Perform Agreed-Upon Procedures Regarding Financial Information. Read More

 2 Recommended

Carbon Accounting for Small Businesses: How Accountants Can Help Everyone Be Greener
by David York, Head of Auditing Practice, ACCA | September 24, 2014 |

New guidance from the ACCA is intended to help accountants advise SMEs on how to establish and operate carbon accounting. Read More

 1 Recommended

The Evolution of an Accounting Practice: The Impact of Technology
by Giancarlo Attolini, Chair, IFAC SMP Committee and Paul Thompson, Director, Global Accountancy Profession Support | September 24, 2014 |

IFAC SMP Committee Chair Giancarlo Attolini interviews five committee and IFAC Board members on the technologies that have and will most impact them. Read More

 2 Recommended

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