Practice Management

Global Knowledge Gateway

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

 

How Accounting Practices Can Support the Globalization of Small Business

by Stuart Black, IFAC SMP Committee Member and Paul Thompson, Director, Global Accountancy Profession Support, IFAC | August 19, 2014 |

Small businesses are going global, and their accountants can help them on the journey; a look at recent surveys and trends, plus nine recommendations to help accountants enhance their ability to provide international services. Read More

 1 Recommended


Monitoring and Benchmarking Key Performance Indicators: Part Two
by Stuart Black, IFAC SMP Committee Member, and Paul Thompson, IFAC Director, SME & SMP Affairs | August 5, 2014 |

Part One of this two-part series looked at how to select key performance indicators; Part Two looks at benchmarking and using the data. Read More

 Recommend


Is Value Pricing the Way of the Future? We Asked and You Said Yes!
by Andreas Noodt, Member, IFAC SMP Committee | July 25, 2014 | 2

We asked if you think Value Pricing will be the strategy of the future—results are in! Read More

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Implementing the International Standard on Quality Control 1 (ISQC 1): Challenges, Solutions, and Benefits
by Jason Pang, Manager, Quality Assurance, Institute of Singapore Chartered Accountants, and Christopher Arnold, Technical Manager, SME & SMP Affairs, IFAC | July 21, 2014 |

Key points from 2013 interviews of sole practitioners by the Institute of Singapore Chartered Accountants on their experiences implementing Singapore Standard on Quality Control 1, which is based on ISQC 1. Read More

 2 Recommended


Monitoring and Benchmarking Key Performance Indicators: Part One
by Stuart Black, IFAC SMP Committee Member, and Paul Thompson, Director, SME & SMP Affairs | July 21, 2014 | 2

Part One of this two-part series looks at selecting KPIs, while Part Two will look at benchmarking and using the data; Which KPIs does your practice use as benchmarks? Read More

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