surveys & research

eleven questions about kids, wealth and the family business

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three people discussing a document

cpas have a role to play.

by 卡塔尔世界杯常规比赛时间 research

inheritance is notorious for ripping families apart. many manage to divvy up their parents’ wealth with the kind of mutual love and respect we expect to see in families.

but sometimes, with the smell of moolah in the air, it’s more like a knife fight.

it’s even more complicated when there’s a family business involved.

more: twelve years and out: seasoned accountants join the exodus | how accounting firms are handling the staff shortage | gen ai in accounting: epic transformation, or overheated hype? | survey shows big opportunities in small business | salary guides for accountants vary widely: whom do you believe? | are you earning what you deserve? | the slow, painful death of the 150-hour rule | partner comp earnings gap: what’s the right spread? | main street accountants see turbulence ahead for small business
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so many questions

unless there’s just one inheritor, one who wants to own and run the business, there are many complex issues – financial, legal, psychological – that need to be resolved.
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history could help accountant-vendor relations

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older woman showing young woman something on office computer screen

think about where you want your business to be.

by seth fineberg

the phrase “history is the greatest teacher” can be applied in many ways, but to me it does not ring truer than when thinking of the current state of accountant-vendor relations. in short, it’s not all that good.

more: accounting needs a ‘rethink’ not a ‘rebrand’ | big change comes with deep reflection | three ways to raise the bar for your business
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the accounting profession has evolved to the point to where there is a tool for every task, and the choices have never been more plentiful or the process of selecting one more challenging. at the same time, having overseen this profession as long as i have, the thing that’s been clear is the risks of tying so much of what you do to one vendor.
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