today's features

eight questions for estate planning

woman speaking across desk to couple

difficult conversations: it’s difficult to talk about wealth transfer, but it’s vital.

by anthony glomski

many accomplished entrepreneurs are looking beyond their own financial needs. they want to ensure that their heirs, parents, children and grandchildren are well taken care of in accordance with their wishes – with minimal difficulty and cost.

more: check tax effects before liquifying | control the level of risk | how to flip the switch to wealth preservation | three ways to work together on wealth | five challenges of liquidating a business
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according to vanguard, more than half of affluent americans say they are highly concerned about their kids’ (and grandkids’) financial situations. and yet, too many successful entrepreneurs have outdated estate plans or charitable giving plans that are not in sync with their current life circumstances and needs.
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put the ethics code to work for your clients and your firm

accountant searching for laws

future audits will yield far more information much faster.

by alan anderson, cpa
transforming audit for the future

some cpas say that auditors can’t provide any kind of advice without harming our independence and violating our professional ethics. but remember, the pillars of our ethics as cpas are objectivity and integrity. independence is the measure chosen by our profession to measure our objectivity.

more: is audit in crisis because of definitions? | stop sending the wrong message to audit teamsthe big issues in audit: frustration, inconsistency and technology | talent retention: five tips for an audit adjustmentthe ten financial controls that’ll make you a hero | five cash reports you can’t live without | when an audit is a great thing
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if we remind ourselves of those pillars and make our decisions from that viewpoint, we’ll be fine. you can offer advice and options for a client, but they must be the ones who make the management decisions. the decision-makers at the client must be the ones who choose an option and who implement that option. we can’t choose and we can’t implement.

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firms must choose best workplace model

man sitting at desk in otherwise empty office, facing glass wall

what will help you move forward?

by kristen rampe
the rosenberg map survey

editor’s note: every year, the rosenberg map survey asks the industry’s top consultants to share their observations from cpa firms across the country. how do you think the next 12 months will unfold? also, how would you assess the last 12 months?

the obvious: staffing challenges will continue. firms that are stuck in their old ways must add younger talent with the ability to influence leadership ranks. senior partners who are seeking an internal buyout, or better priced external sale, need to recognize how essential this is.

more: tech, capital will drive accounting profession growth | new energy comes from new ways of doing business | ai for accounting automation will be significant | a 40-hour workweek is feasible | it’s time for a new business model
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less obvious: workplace models will continue to be varied, and there is no one-size-fits-all. i have clients who hardly went home during covid-19, and their staff have to be asked to work from home to free up office space for a growing team. i also have clients with thousands of square feet of vacant office space because no one has returned. of both groups (and those in between), some have critical failures in productivity. some are crushing it.
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seven benefits of trade show marketing

woman holding tablet and smiling, talking to man at trade show

plus eight tips.

by august j. aquila
price it right: how to value accounting services

trade shows have once again become popular since the end of the covid-19 pandemic. they are great marketing opportunities, but you need to know how to work them.

more: sixteen marketing activities to try | make your practice better | eleven marketing strategies for smaller firms | five questions for developing your marketing plan | you only have four strategies | the damage that traditional fee methods do
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

i recently attended a trade show, and it amazed me how “un-marketing” many of the people behind the booths were. what a waste of time and money for their companies!
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ten things small firms can do to compete

six people in business clothing lined up at start of athletic track

what you need to know and why.

by bruce marcus
professional services marketing 3.0

editor’s note: 卡塔尔世界杯常规比赛时间 was privileged to have a long relationship with bruce w. marcus, who was ahead of his time in his thinking and practice in marketing for accounting. we are publishing some of the late expert’s evergreen work, which retains wisdom for the present. 

great turbulence in the accounting profession, as well as in the business world itself, make these difficult and unusual times. public outcry against the misdeeds of a few accounting firms, corporations, investment bankers and others in government and the business community is tarring the innocent as well as the guilty.

more: how and why client service teams work | when clients think they know marketing | how to put target marketing into context | everyone in your firm is marketing | professional services marketing requires flexibility | how to set marketing objectives | nine fundamentals for a healthy marketing culture in an accounting firm
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

in the meantime, the loss of arthur andersen and the consolidation of the now big five can alter the competitive landscape for firms of any size. it’s likely that the major firms will accelerate a long-standing practice of reaching into the low end of the market – the very market of the smaller firms. for the smaller firm, competition will come from unaccustomed quarters.

can the small accounting or law firm successfully compete? history says yes, if the firm follows at least some of the following points…
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