Preparing Future-Ready Professionals

Guide to Practice Management for Small- and Medium-Sized Practices

4th Edition

IFAC
May 23, 2018 | Guidance & Support Tools
2468 Pages
ISBN 978-1-60815-350-3
English

All available Translations: Albanian Albanian Catalan Polish Romanian Spanish Vietnamese + View All

In Progress Translations: Georgian

Don't see your language? Request permission to translate

Welcome to the fourth edition of the IFAC Guide to Practice Management for Small- and Medium-Sized Practices.

The Guide provides comprehensive guidance to help small- and medium-sized practices operate more efficiently in the increasingly complex and competitive global marketplace for professional services. The fourth edition is organized into eight stand-alone modules, with a comprehensive range of topics including:

Strategic planning
Practice models
Firm expansion
Managing staff
Leveraging technology
Client relationship management
Risk management
Succession planning

We've updated our Practice Management Guide to reflect changes made to the 2018 International Code of Ethics for Professional Accountants (including International Independence Standards), effective June 2019. The update includes:

Changes to section 7.2 ‘Professionalism and Ethics within the Firm';
Information on identifying, evaluating and addressing threats; and
Available safeguards to reduce threats to an acceptable level.

In order to help member organizations and practices maximize the Guide's use, IFAC provides a companion manual with suggestions on making best use of the Guide.

Note: The full-length version has fully functioning links within modules. Individual modules links don't function between one another or with the full-length document.