Accountants are well positioned to provide high-caliber advisory services to business owners. However, to do so most effectively and most profitably requires adopting excellent interpersonal skills ...

One of the most profitable types of accounting practices today is a well-run family office. Thus, many accounting firms and other organizations are highly motivated to build or acquire them. Many, ...

From giant corporations to solopreneurs, every enterprise uses accounting. It’s important for businesses to consider ways they can improve accounting practices, as this vital piece of business ...

Effective management accounting practices can improve decision-making in organizations, which need sound fundamentals but also speed when trying to decide which strategic paths to follow. In short, ...

John Wiley & Sons Inc., 2007, 490 pp. Steven M. Bragg is back with new and enhanced tips designed to improve the efficiency of business accounting departments. Bragg, a prolific author and former CFO ...

As high-net-worth individuals and families choose multi-family offices, many accounting firms offer various services they categorize as such. However, when analyzing self-identified family office ...

Managerial accounting is unlike financial accounting due to its sole goal of providing useful operating information to managers, as they strive to meet business goals and objectives. Financial ...

Service line and practice offering leaders stand at the point where a firm's overall strategy meets the delivery of its actual services, and they have a unique role and set of responsibilities, says ...

A well-drafted engagement letter provides essential protection and important benefits to CPAs in tax practice and in other ...

Barry Melancon is retiring as president and CEO of the AICPA at the end of this month. One of his last presentations in that role was at the Accountants Club of America last week. I have been ...

Balancing the tasks of crunching numbers and managing client expectations reflects the average day of accounting firms. While handling financial transactions is their main function, there's always a ...