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 | 1

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

 1 Recommended


SME Acquisitions and the Added Value of a Registered Auditor
by Daniel Kroes, President, of the Belgian institute of Registered Auditors; Audit Partner, Deloitte Bedrijfsrevisoren | March 23, 2015 |

Hiring a registered auditor when acquiring an SME can help to reduce obstacles and increase the success of the acquisition, according to recent insights from the Belgian Institute of Registered Auditors (IBR-IRE) Congress, “Acquisitions (Transfer and Takeover) of SMEs: Approach, Risks, and Valuation.”  Read More

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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

 1 Recommended


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

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