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All Linkslinks posted by ifacsmpcommitteeUpdated: 21 hours 1 min agoElaine Clark writes about recently seeing an email sent from an accounting competitor to their client who was thinking of transferring their services to her company.
Determining a Selling Price for Your Financial Planning Firm | Viewpoints content from WealthManagement.comNicholas Gudz, C-Founde and Managing Partner, Succession Link writes about when preparing your financial advisory practice for sale, one of the most challenging aspects of the transaction is coming up with a proper value.
ASB issues clarified auditing standard on using the work of internal auditors | Journal of AccountancyKen Tysiac writes about how with the release of a new auditing standard addressing the external auditor’s responsibilities if using the work of internal auditors, the AICPA Auditing Standards Board has completed the clarity redrafting of its final AU section in AICPA Professional Standards.This article mentions five ways to develop your business.Articles shows a checklist on what do you do if a customer repeatedly refuses to payJoel Sinkin and Terrence Putney, CPA write about how the success of most accounting firm succession plans rests on the firm’s ability to develop young talent into owners capable of buying out retiring partners and carrying the firm into the future.Alan Heyman, CEO of SMLR Group, Inc. writes about how accounting firms are repositories of personal information and have become targets for criminal hackers. They are like an auto accident waiting to happen.Blake Christian, CPA explains how staff and managers are key to your ultimate success in executing that plan, which probably includes some combination of enhanced services, revenue growth, and improved client relations and quality control. Now is the time to get your employees on board with your 2014 plans.Chris Cantwell, Technical Manager ICAEW Audit and Assurance Faculty gives a webinar offereing guidance on the practicalities of group audits.The Information Management and Technology Assurance Section's "Top 10 Tips for CPAs Performing a Service Organization Control Engagement" white paper offers tips as an initial guide for accounting professionals addressing matters that may arise when performing SOC engagements.In response to a regular stream of queries Simon Hurst of The Knowledge Base sets out to catalogue the software and systems needed to equip a practice.Gary Adamson writes about the changes in valuations and process that we really need to be aware of. Citing some of the best practices.This is the final article in a series of four presented by John O’Donnell, ICAEW Practice Consultant, exploring the different ways in which you might consider structuring your practice to make it as effective as possible and achieve your objectives.We work in a global economy, and UK accountancy firms are well positioned to take advantage of foreign business. But how, asks Peter Bartram, do you go about selling your services overseas?Alice Tan, Manager, Technical Standards Development and Advisory Department, ICPAS writes about how the recent global trend shows that more and more small and medium-sized entities (SMEs) are exempt from audit requirements.Stefan Töpfer gives advice on how ‘As a business owner your top priority is to generate business’, he says. Don’t waste your time pursuing any other goals.This article’s approach engenders this SME emphasis and examines financial, strategic, development techniques widely used across smaller businesses internationally.News article highlights findings from Kansas State studySharon Letcher, CPA Author of Save Wisely, Spend Happily speaks about how setting realistic financial goals is a key part of successfully managing money.Steve Collings takes a look at 10 of the most common pitfalls flagged up by file reviewers and the professional bodies which auditors should try to avoid.
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