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


Accountants’ Biggest Concerns in 2015

by Antoni Gómez, IFAC SMP Committee Member | April 1, 2015 |

The 2014 IFAC Global SMP Survey found a number of challenges facing SMPs and their SME clients, and highlighted key factors in the rapidly changing business environment to which accountants will need to adapt.  Read More


Quality Control in Accounting Practices—What Are the Specific Issues?
by Christopher Arnold, Technical Manager SME & SMP Affairs, IFAC and Sara Ashton, Senior Technical Manager, IAASB | March 19, 2015 |

The IAASB has issued a survey to inform the scoping of its quality control project, specifically with respect to issues encountered by small- and medium-sized practices (SMPs) in complying with the requirements of ISQC 1 and ISA 220. Read More


Perspectives on Strengthening Small- and Medium-Sized Practices (SMPs): Part Four
by Giancarlo Attolini, Chair, IFAC SMP Committee | February 23, 2015 |

Part Four of the nine-part video series: IFAC SMP Committee Chair Giancarlo Attolini offers an international outlook on the importance of networking in building and cultivating relationships between SMPs and SMEs. Read More

 1 Recommended

Perspectives on Strengthening Small-and Medium-Sized Practices (SMPs): Part Three
by Giancarlo Attolini, Chair, IFAC SMP Committee | February 11, 2015 |

In Part Three of a nine-part video series, IFAC SMP Committee Chair Giancarlo Attolini discusses new service offerings firms can provide to their SME clients.  Read More

 1 Recommended

Small Business Matters
by Henry Irving, Head of Audit and Assurance Faculty, ICAEW | January 21, 2015 |

The first report from the ICAEW’s Small Business Matters Program, The 99.9%: Small- and Medium-Sized Businesses, takes a close look at the small business community and their use of accountancy services. Read More

 1 Recommended

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