Pilot Program a ‘Gamechanger’ for CPA Profession

Dan Geltrude is unequivocal about what’s in store for accounting firms. “It’s absolutely a gamechanger for the entire profession,” the CPA told NJBIZ. The gamechanger is a new pilot program, being tested in New Jersey, to create an alternative path to the 150 credits needed to be eligible for a Certified Public Accountant license.

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Joe Tarasco
Succession Planning Pitfalls to Avoid

The CPA profession is changing rapidly ̶ ongoing consolidation, a shortage of quality CPAs, baby boomer founding and rainmaker partners retiring, keeping pace with and the cost of technology, intensified competition for new clients and staff, private equity changing the marketplace for deals, etc.

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Joe Tarasco
10 Essential Topics for Your Annual Partner Meeting

There are many essential factors in planning an annual Partner Meeting, including selecting the appropriate discussion topics, and developing a relevant and strategic agenda. What made your firm successful in the past may not be the same formula that will lead to success in the future.

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Joe Tarasco
What's Driving M&A Activity

For many years M&A activity in the public accounting industry was primarily driven by succession planning issues. Surely, succession challenges still play a role in a firm’s decision to sell or merge.

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Joe Tarasco
Becoming a Winning Team

What separates the good from the great teams? The difference is that they are skilled at avoiding common pitfalls in their team structure, have outstanding leadership and coaches, and implement game strategy.

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Joe Tarasco
Accounting Industry Predictions for 2022

During these unprecedented times, it is difficult to predict the future. Thus, the leaders of today’s CPA firms should focus on planning for various options based upon as many possible scenarios as possible. This type of planning explores plausible potential business models and implementation processes for impending unknowns.

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Joe Tarasco