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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
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Sustainability: Challenges and Opportunities for SMPs and SMEs
September 4, 2013 - IFAC
SMEs that integrate sustainability into their core business strategy can benefit from lower costs, reduced risk, and new opportunities. And their accountants, typically operating in small- and medium-sized practices (SMPs), can play a key role in their journey.
IFAC SMP Committee member Andreas Noodt interviews Ronald J. Baker about "Tomorrow's Firm" and the role of value pricing.
How to Cope with Pressure to Lower Fees: Practice Management Tips for SMPs
September 28, 2012 - IFAC
This article offers tips for SMPs in reacting to pressure to lower fees. While this pressure is nothing new, it has been exacerbated in many jurisdictions by the economic climate.