featured

are you overthinking an m&a deal?

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two businessmen holding giant puzzle pieces in silhouette against a sunrisefive areas of focus.

by ira rosenbloom

this year so far has been a hot time for cpa firm mergers and acquisitions. firms in the m&a mindset and process may be in turbulent times as they confront many hurdles.

more: how to put the ‘success’ in succession
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unfortunately, some of these hurdles are self-created, especially for those seeking to merge into another firm or establish an exit. rather than waste mental and emotional energy overthinking – and risk walking away from a good deal for the wrong reasons – this is the time to turn that energy into smart thinking.
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five reasons you’re not swot-ready

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the tool works. but you need the prerequisites.

by steven e. sacks
the new fundamentals

cpa firms that seek to position themselves for the future must be brutally honest and self-aware. they might normally start with a top-down or bottom-up analysis of their operations. one tool that has been around forever is the swot analysis.

more: who needs another meeting? | 4 questions for cpa firm boards | are you productive or just busy? | the five big rules for powerpoint presentations | how aging boomers impact the accounting profession | accounting is a profession, not an industry
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swot stands for strengths, weaknesses, opportunities and threats. there are benefits to this tool because it serves as a motivator to examine a situation (e.g., operational, cultural, financial), assess core competencies and capabilities, identify the need to (and key drivers of) change and enable – if conducted correctly – an organizational cross-section of input and insight.
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your firm needs a cas champion

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businessman explaining something on laptop to another manare your clients happy? have you told your staff?

by hitendra patil
client accounting services: the definitive success guide

unless you become the “cas champion” or make someone accountable to be one, your cas practice will not take off the starting blocks.

more: lower your costs by 75% with cas | how cas drives virtual cfo billings | the roi on identifying clients for cas | what clients need now, more than ever | how to launch cas in eight steps | survey: why some firms fall behind in cas | how to lead clients into client accounting services
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

and the single biggest initial challenge for the cas champ is how to communicate the value of cas to the firm’s future fortune to every stakeholder – be it partners, staff, clients or prospects. for this post, i will assume that your cas champ absolutely “gets it.”
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