the multiple of compensation method, fully explained

those who aren’t rainmakers still need to have their contributions recognized.

by marc rosenbergextreme close up of female hand with pen pointing on cash flow document.
retirements & buyouts

there are numerous methods used to calculate the goodwill payable to a retiring partner.

multiple of compensation is the most common method, especially among firms with five or more partners. each partner’s retirement benefits are equal to their compensation immediately prior to retirement times a predetermined and approved multiple.

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40 ways to make your cpa firm profitable

money tree growing in the middle of green meadowby marc rosenberg
retirements & buyouts

it has been said that organizations should never make profitability their goal. why? because profitability should be the result of an organization’s efforts, not its goal. create and maintain a world-class organization that satisfies the clients’ needs – and profits will result.

that’s just, may i say, poppycock.

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non-equity partners have important role to play

businesspeople having a meeting over coffee sitting together at a table discussing a document, young man and two middle-aged women presentpercentage of women in partner roles is on the rise, but they’re still underutilized.

卡塔尔世界杯常规比赛时间 exclusive

partner positions in cpa firms are ever so slightly going increasingly to women and non-equity partners, who have some of the same authority and prestige as full partners, but don’t hold equity stakes in their firms.

more from the map survey: geography plays part in firm success | financial services up at largest firms, down at smaller ones | big firms keep getting bigger

non-equity partners are in place at 49 percent of all cpa firms with multiple partners, up from 46 percent the year before, while women hold partnership positions at 16.4 percent of firms in 2013, up from 15.6 percent, according to the current “rosenberg survey: the national map survey of cpa firm statistics.” read more →