ThomsonReuters

JUNE 16, 2023

Many of today’s accounting professionals have a new perspective on when and how they want to work. Are firms heeding the call? The onset of the COVID-19 pandemic forced countless businesses, including accounting firms, to go remote essentially overnight due to mandated shutdowns and stay-at-home orders.

Accounting Firms 111

Accounting Firms Finance Technology Marketability 111

Peak Business Valuation

JULY 15, 2023

The accounting industry has experienced rapid growth in recent years. As businesses suffered the effects of COVID , many turned to accounting firms for financial advice and consulting. However, competition is intense and increasing in the accounting industry. We work with accounting firms throughout the country.

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ThomsonReuters

JULY 6, 2023

As accounting firms look to differentiate themselves from the competition, one trend is leading the way: business advisory. From advising on mergers and acquisitions to specializing in accounting and advisory in your clients’ specific industry, there are many ways to take advantage of this unique opportunity.

Accounting Firms 98

Accounting Firms Start-ups Compliance Mergers & Acquisitions 98

ThomsonReuters

AUGUST 3, 2023

Instead, firms are embracing specialization to tailor their expertise and solutions to match the unique requirements of their target clients. Accounting firm specialization is a competitive edge Specialization allows tax and accounting firms to stand out from the crowd by offering the unique and specialized services their clients require.

Accounting Firms 98

Accounting Firms Start-ups Marketability Technology 98

Peak Business Valuation

AUGUST 12, 2023

As such, there is a steady demand for accounting firms. If you are looking to buy , grow , or sell an accounting firm , it may be a good time to do so. However, there are many challenges that may prevent success in the accounting industry. You can start by learning how to value an accounting firm.

Accounting Firms 52

Accounting Firms Discounted Cash Flow Business Valuation Firm Value 52

LaPorte

JULY 5, 2023

LaPorte is honored to announce that we have been named “Top Winner” in the “Best Accounting Firm” list in CityBusiness’ Reader Rankings poll. This is… The post LaPorte Named to “Best Accounting Firm” List by CityBusiness Readers first appeared on LaPorte.

Accounting Firms 98

Accounting Firms 98

Peak Business Valuation

JULY 10, 2023

According to IBIS World , there are about 88,000 accounting firms in the United States. As the demand for accounting services increases, it may be an ideal time to buy , grow , or sell an accounting firm. To do so, it is important to receive a business valuation for an accounting firm.

Accounting Firms 52

Accounting Firms Business Valuation EBITDA Appraisal 52

ThomsonReuters

AUGUST 2, 2023

It takes a combination of insight and determination to recruit the right talent for your accounting firm. Recently, respondents to the 2023 State of the Tax Professionals Report shared their top ten tips for a successful accounting firm recruitment strategy. Read the TRI Talent report to learn more.

Accounting Firms 98

Accounting Firms Marketability 98

ThomsonReuters

JUNE 4, 2024

In today’s fast-paced business landscape, accounting firms face constant pressure to increase efficiency, upskill staff , and meet increasing client demands. So, how can AI-powered tax software help accounting firms drive growth and set achievable goals? Let’s take a look. Automation of routine tasks.

Accounting Firms 52

Accounting Firms Technology Data Analysis Compliance 52

LaPorte

SEPTEMBER 6, 2022

For the thirteenth consecutive year, LaPorte CPAs & Business Advisors has been named one of the ‘Top 200 Accounting Firms’ in the country by INSIDE… The post LaPorte Named a 2022 Top 200 Accounting Firm first appeared on LaPorte.

Accounting Firms 98

Accounting Firms 98

ThomsonReuters

JULY 30, 2024

Historically, accounting firms have operated under a transactional billing model, providing once-a-year services primarily focused on tax compliance and reporting. As with value pricing, these prices will likely evolve as you better grasp what it costs your firm to complete each task.

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Accounting Firms Compliance Technology 52

ThomsonReuters

JUNE 16, 2023

Hire more talent (if possible) This may be easier said than done in today’s challenging job market, but if the firm can find ways to expand the team, that will no doubt prove beneficial. The VSCPA survey found that more accounting firms are not only exploring remote hiring , but also outsourcing , and even offshoring.

Accounting Firms 98

Accounting Firms Technology Marketability 98

ThomsonReuters

FEBRUARY 2, 2022

the potential market available to tax and accounting firms is massive. Here are a few ways you can market your firm’s services to individuals and small businesses. Build a referral system that allows or even incentivizes your clients to recommend your accounting firm to others. With more than 144.3

Accounting Firms 98

Accounting Firms Marketability B2C Start-ups 98

ThomsonReuters

NOVEMBER 9, 2023

In an era of staffing shortages and scarcity of technical tax professionals , accounting firms must increasingly look outside the box to fill gaps in talent. Many firms are shifting their hunt for talent beyond the traditional accounting background.

Accounting Firms 105

Accounting Firms Technology Compliance Marketability 105

ThomsonReuters

MARCH 23, 2022

The key is to foster an environment and culture conducive to productivity and flow at your accounting firm. Change the physical environment of your tax and accounting firm. Allow flexible schedules and remote accounting work. Employees can do accounting work remotely.

Accounting Firms 98

Accounting Firms 98

ThomsonReuters

MAY 6, 2022

Many accounting firms provide invaluable services that go far beyond tax prep and financial reporting. For small to mid-size accounting firms that want to explore other revenue streams, accounting consulting services can be a great place to start. Building a well-rounded tax and accounting practice.

Accounting Firms 93

Accounting Firms Start-ups Compliance Finance 93

ThomsonReuters

JUNE 6, 2024

Once the decision is made, accounting firm managers are then tasked with implementation. The solution to executing firm vision Clear communication and asking the right questions are vital tools for firm managers to use when understanding and executing the accounting firm vision.

Accounting Firms 52

Accounting Firms Technology 52

ThomsonReuters

FEBRUARY 24, 2023

This is due, in part, to a growing number of private equity firms entering the accounting market. As Allan D. Koltin, CEO of Koltin Consulting Group, explained, private equity firms perceive accounting firms as being low risk, high reward. The post What attracts investors to accounting firms?

Accounting Firms 59

Accounting Firms Private Equity Firm Technology Equity 59

ThomsonReuters

APRIL 10, 2023

As a governance framework, CPR broadly includes the issues a company wants to take a stand on, how they will employ their resources and influence, and ensure transparency in doing so. With investors and stakeholders taking note , accounting firms are following suit. What is corporate political responsibility?

Accounting Firms 59

Accounting Firms Marketability 59

ThomsonReuters

JUNE 18, 2024

Jump to: Understanding the challenges with search functionality Overcoming constraints by utilizing AI-powered tax and accounting solutions Optimizing your tax research strategies with AI In a world of information overload, many tax and accounting firms are facing challenges in finding trusted answers to complex and evolving tax topics.

Accounting Firms 52

Accounting Firms Start-ups Data Analysis 52

ThomsonReuters

MAY 22, 2024

There are, however, other considerations at play and challenges that accounting firm leaders may face when looking to move to the cloud. To help firms navigate the change, this article will take a closer look at both some of the opportunities and challenges that firm owners and partners should consider.

Accounting Firms 52

Accounting Firms Technology Finance Compliance 52

Trout CPA

AUGUST 22, 2023

We are immensely grateful and deeply honored to share the wonderful news: Trout CPA has been named the Best Accounting Firm in the 2023 CPBJ Reader Rankings by the esteemed readers of the Central Penn Business Journal.

Accounting Firms 52

Accounting Firms 52

Trout CPA

AUGUST 30, 2022

Trout CPA is excited and humbled to announce that our firm has been named the #1 Tax Preparation & Accounting Firm and the #2 Business Advisory Services firm by the LNP readers.

Accounting Firms 52

Accounting Firms 52

ThomsonReuters

MARCH 12, 2021

We’ve seen the impact the COVID-19 pandemic took on succession planning for accounting firms. In this episode of Pulse of Practice “Setting Course for the Next Chapter”, Paul Miller, CPA from Business by Design , and I discuss the importance of accounting firm leaders to continue to build out their succession plan.

Accounting Firms 98

Accounting Firms Start-ups Marketability 98

LaPorte

JUNE 17, 2022

Readers of New Orleans CityBusiness, a weekly business publication, named LaPorte “Top Winner” in the “Best Accounting Firm” list in the publication’s Reader Rankings poll.… … The post LaPorte Named Top Winner in Accounting Firms in CityBusiness Poll first appeared on LaPorte.

Accounting Firms 52

Accounting Firms 52

ThomsonReuters

JUNE 22, 2021

How then can IT leaders in large tax and accounting firms best make their case for new technology? Getting people to change is a huge hurdle with firms. For most people in accounting firms, driving change, and leading people through change is not a natural skill set for them. Says Will Hill. I like that.

Accounting Firms 89

Accounting Firms Technology 89

ThomsonReuters

APRIL 13, 2023

Understanding how to manage client expectations and concerns and how to get through the process is an essential skill in the tax and accounting professions. That is true for both large accounting firms and small accounting firms , since any client could be the target of an audit.

Accounting Firms 52

Accounting Firms Technology 52

ThomsonReuters

MAY 5, 2022

Growing your accounting firm through specialization. Many accounting firms have tried to grow their practice by being all things to all clients. The potential problem with this approach is that it can hurt the firm when they get very specialized client requests. Don’t let your accounting firm fall victim.

Accounting Firms 96

Accounting Firms Start-ups Technology Marketability 96

Financial Times M&A

JANUARY 6, 2024

Buyout groups hope to roll smaller companies into bigger businesses to attract larger clients

Accounting Firms 93

Accounting Firms Equity 93

ThomsonReuters

DECEMBER 20, 2021

Now that tax season is approaching, you may find yourself contemplating the upcoming season and whether you’d be happier as the owner of your own accounting firm. From tax software geared toward small firms to curated news and insights for firm owners, the barriers to starting your own CPA firm have never been lower.

Accounting Firms 52

Accounting Firms Start-ups Technology 52

ThomsonReuters

JUNE 24, 2024

The post Leader at accounting firm discusses trends and best practices regarding unclaimed wages appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

Accounting Firms 52

Accounting Firms Compliance Start-ups 52

ThomsonReuters

SEPTEMBER 17, 2021

Though viewed with certain strengths such as agility, the small accounting firm has its own unique set of challenges due to size. At the forefront of those challenges is staffing, and how properly outsourcing affects your firm’s client relationships. In this episode of Pulse of Practice “Get big!

Accounting Firms 52

Accounting Firms Start-ups 52

LaPorte

JUNE 21, 2022

(authored by RSM US LLP) In a two-part Q&A interview, we speak to RSM’s Michael Gerlach, a professional services leader who specializes in advising law firms and legal organizations, about the tight labor situation roiling the professional services industry.

Accounting Firms 52

Accounting Firms Marketability 52

Financial Times M&A

JUNE 10, 2024

A wave of talks with financial bidders comes as regulators voice concern about audit quality and ‘tone’

Accounting Firms 104

Accounting Firms Equity 104

Financial Times M&A

FEBRUARY 5, 2024

Hellman & Friedman-led deal is largest in a sector reconsidering its partnership model

Accounting Firms 102

Accounting Firms Equity 102

National Law Review M&A

AUGUST 29, 2023

Hutcheon Jurisdiction: United Kingdom All Federal Type of Law: Securities & SEC Antitrust & Trade Regulation Mergers & Acquisitions Special highlight:

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Accounting Firms 52

ThomsonReuters

SEPTEMBER 5, 2024

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Accounting Firms 52