Take your practice to a higher level
Make more with less effort while improving the value of your practice.
Accountant’s Flight Plan is filled with practical, time-tested strategies designed to help you take your practice to a higher level … while enjoying your work.…

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Added by Brannon Poe on February 3, 2012 at 8:40am —
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Smart accounting firm owners plan ahead in getting their practice ready for market. If you start to take action sooner rather than later, the improvements you make not only make the practice easier to sell, but also make the practice easier for you to own.
Here are 5 powerful questions to ask yourself if you want to dramatically improve your accounting practice:
- What services does my firm…
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Added by Brannon Poe on January 30, 2012 at 12:40pm —
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photo source: SOXRight
Internal accounting controls are not being properly tested by auditors, according to James Doty, chairman of the Public Company Accounting Oversight Board. Instead, he said, "some auditors are just taking the business process that the company has put in place as a control." Internal controls were a chief change mandated by the Sarbanes-Oxley Act. Doty also said recently that a PCAOB…
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Added by CPAnet on November 17, 2011 at 11:40am —
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The cost of a typical Thanksgiving Day meal has risen 13% from last year to nearly $50 this year, according to the American Farm Bureau Federation. Rising commodity and food prices are the culprit, according to a study by 24/7 Wall St., which found that the cost of a 16-pound turkey is up 22.1% from last year; the cost of fresh cranberries by 2.9%; sweet potatoes, 2.1%; green peas, 16.6%; and rolls, 8.5%.…
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Added by CPAnet on November 17, 2011 at 11:00am —
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We live in an era where every task from ordering pizzas, booking movie shows, making online payments to getting technical support for computers and laptops is done instantly at the click of a mouse. The utilization of modern technology has turned dreams into reality allowing real time accessibility for business applications. Whether it is a fax, email, message, chat or video call a single device suffices to receive crumbled bits of information the moment they arrive. The ability to access…
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Added by Mike Jones on November 3, 2011 at 11:52pm —
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Mineola, New York October 14, 2011 For the second year in a row, ncCPAp President Andrew Hult has been named as one of the Top 100 Most Influential People in Accounting.
Accounting Today, a leading provider of online business news for the tax and accounting community, compiles this annual list, an accounting equivalent of Whos Who in America.
Hult, president of ncCPAp since November 2009, has been a strong advocate, educator and voice into Congress and the…
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Added by CPAnet on October 13, 2011 at 1:26pm —
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Added by CPAnet on September 21, 2011 at 8:30am —
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"Remember when intern projects might also include re-organizing the file cabinet in alpha order? Well, times have definitely changed. Now, our interns are invited to take part in some of our most important PwC projects. In July, 100 PwC interns from across the United States headed for the heart of Central America to conduct Project Belize. Their objective: to work for a week helping…
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Added by CPAnet on September 19, 2011 at 11:00am —
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"A colleague asked me not so long ago: “Why is the world run by bean counters?” Interesting question. My take is that for the last 150 years, Western culture has been in the grip of left-brain thinking, and manipulating people like things. This made sense as long as there were huge economic gains that came from it. So the bean counters, the accountants, the economists, the green eyeshade people were on top of the world. They were good at counting things. The…
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Added by CPAnet on July 19, 2011 at 9:20am —
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CPAnet QuickBooks Training Giveaway for CPAnet members: We are excited to announce a giveaway for CPAnet members! By entering Webucator's new contest, you can win one of two free seats in our Comprehensive QuickBooks Training class. Each seat is valued at $490 each. Click for entry form!!…
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Added by CPAnet on June 5, 2011 at 9:56pm —
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A CPA’s business can be notoriously seasonal. There’s a flurry of activity and anxious clients around tax time. But once April 15 (or April 18 this year) passes by, things can get awfully quiet.
With another tax season behind us, it’s time to think about how you can maintain a year-round relationship with existing and potential clients. Staying connected with your clients over the course of the year helps prevent them from looking elsewhere…
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Added by Nellie Akalp on May 3, 2011 at 11:24am —
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photo via www.cpalinks.com
"The AICPA has long taken a leadership role in promoting the goal of one set of high-quality globally accepted accounting standards among public companies worldwide and readying U.S. CPAs for use of International Financial Reporting Standards (IFRS). To help CPAs understand and apply IFRS, meet…
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Added by CPAnet on April 1, 2011 at 11:02am —
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"If you have a Facebook account, you've probably faced the dilemma of whether to accept a friend request from a business associate. Declining the invitation can cause wrinkles in professional relationships, but accepting the invitation may mean that you may not be able share as freely as you'd like on Facebook. In this…
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Added by CPAnet on March 22, 2011 at 10:00am —
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photo via: www.cpalinks.com
"How productive did you feel last week? If you got less done than you'd hoped....what kept you from staying on task? For many people, a constant stream…
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Added by CPAnet on March 19, 2011 at 4:44pm —
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"This month, PwC interns from the Chicago, Milwaukee, and Peoria offices volunteered their time to Operation Hope at two Chicago schools. PwC interns instructed financial education sessions from Operation Hope's 'Banking on Our Future' program to youths in…
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Added by CPAnet on March 18, 2011 at 7:23pm —
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photo via: www.cpalinks.com
"I’m a CPA, a professional in an esteemed profession. I’m also a “social animal.” The word “social” can be an adjective or a noun. This article answers the question: Can social media and the CPA profession mix?
Merriam-webster.com has a number of definitions for the word, “social:”…
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Added by CPAnet on March 15, 2011 at 2:30pm —
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photo via: www.cpaexamclub.com
"Why have you been so successful in reaching some of your goals, but not others? If you aren't sure, you are far from alone in your…
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Added by CPAnet on March 7, 2011 at 11:53pm —
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photo via www.cpalinks.com
"The controversy is back. Should Chief Financial Officers be required to hold a CPA designation, or not? It began with a guest post on the FEI blog, with a couple of nightmares, I mean examples, of companies with non-CPA CFOs at the helm, and continued on through the comment section. This has also been a hot topic in Proformative, too.
Non-CPA CFOs say it…
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Added by CPAnet on September 14, 2010 at 2:29pm —
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Microsoft Excel has been around since the mid eighties and is used globally by micro to multinational organisations. For micro to sole trader business’s Excel can be used to build Financial Models to cater for the entire Accounting…
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Added by Paula Guilfoyle on September 4, 2010 at 1:00pm —
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For our friends who are still reviewing for the exam.
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Added by cpareview free on July 25, 2010 at 4:09pm —
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