|Global Knowledge Gateway||
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
You are now viewing all "succession planning" resources. View All Practice Management Resources
What partners need to know to maximize proceeds when selling their practice
Here are the challenges in succession planning, from the eyes of younger and future partners
Answering the 4 Most Common Client Transition Questions
September 15, 2014 - American Institute of CPAs
The time is now to address this key component of succession planning.
Owners need to think about strategic position, not just current value, when entertaining buyers.
Last in a series: The when, what, and how of making sure everything checks out in a merger.
Firm leaders weigh many considerations during the due-diligence, negotiation, and integration phases of a successful merger or acquisition. One of the most important considerations is the professional liability risk that can arise from combining with another firm. This column identifies those risks and recommends how to address them.
Eleventh in a series: How to assess and manage the most important factor in accounting firm mergers