Statistics support the number of upward mergers that have swept through the accounting profession and added to the growth of many of the top 100 firms in the country. Many of these upward mergers occurred due to the seller's inability to attract talent and a lack of succession planning.

The accounting profession is comprised primarily of small firms (less than $20,000,000 in revenue) that are quickly running out of time for succession planning. Guiding rapid change at accounting firms is a challenging task, and it takes the efforts of exceptional leadership.

Our presentation will outline and discuss leading and implementing change in a crisis planning mode to develop a succession solution other than an upward merger or PE tuck-in.

Who Should Attend

• Managing Partners

• Partners

• Those responsible for firm strategy and succession planning

 Learning Objectives

• Learn to restructure partner compensation programs and align partner accountability to motivate partners to achieve the firm's strategic and succession plan.

• Learn to pursue inbound mergers and acquisitions to upgrade talent and service offerings.

• Learn how to use contemporary recruiting strategies.

• Learn how to add high-value niches.

• Explore investing heavily in technology, marketing, and practice development initiatives.

• Explore establishing formal career development and compensation programs for staff.

• Learn to avoid procrastination by the partners in making the tough business and strategy decisions to take the firm to the next level of success.

ADDTIONAL INFORMATION
Instructional Delivery Method: Group Live Internet-Based. The instructional method is lecture with active group participation and visual aids.
CPE Credit: 1
Field of Study: Business Management & Organization
Prerequisite: None
Program Level: Basic
Advanced Preparation: None