6 ways we’re working for our small firm members

Supporting your firm is a top priority here at the AICPA. That’s why we travel across the country, speak with practitioners at conferences and events, and gather feedback via email and phone — all to make sure we grasp the pressing issues for firms of your size. With this knowledge, we develop tools and resources […]

Make yourself irreplaceable to clients

How can you become a “client whisperer,” who is an irreplaceable part of your clients’ financial lives? By figuring out how a client’s current finances can help become them accomplish their business goals over the short, medium and long term. In my own practice working with small companies, here are some of the lessons I’ve […]

Revenue recognition and independence: Something to consider

Implementing the new revenue recognition standard is like climbing a mountain. It’s a challenge. It has to be addressed since the standard is effective for private companies and many not-for-profits in calendar year 2019. It can be tedious to make sure systems are updated appropriately and staff is trained. Sometimes your clients may get breathless […]

Boost your career by becoming a better listener

What did you say? Listening can seem surprisingly complicated. It’s possible to hear what someone says but not catch every nuance of what they are telling you or their unspoken statements. Improving your listening skills can help you become a better professional. It can make it easier to understand what a colleague or supervisor expects […]

5 things you need to know about blockchain for insurance

The original goal of the first Bitcoin blockchain was to improve the efficiency, transparency and speed with which institutions could conduct financial transactions and trade information. That objective is still front and center today, which is why blockchain is being embraced by the insurance industry. Here are five key insights into the ongoing impact of […]

Cybersecurity best practices for the c-suite

Turn on the news and you’ll see that no organization is too big or too small to be the victim of a cyberattack. It’s vitally important for an organization’s leaders to understand and manage cybersecurity efforts because you can never be totally safe from the risks. Here are four cybersecurity best practices every organization should […]

Getting tech right in a Personal Financial Planning practice

What’s the right technology for your financial planning practice? In a recent AICPA podcast, I interviewed an expert panel of CPA financial plannersfor advice. Some offer tax compliance and investment management, while others do not. To learn more about their practices, check out this podcast. Michael Goodman, CPA/PFS, WealthStream Advisors With technology, I recommend focusing […]

4 financial tips for entrepreneurs

It’s National Entrepreneurs’ Day! Take a moment to celebrate your success or the great plans you’ve developed. Maybe you’ve got a fantastic idea for a business and your confident it’s going to be successful. Or perhaps your company is already up and running, but you constantly wonder whether you’re doing everything you can to ensure […]

The productivity method more effective than time management

What have you done to manage your time and make it stretch as much as possible? Many of us spend extra time at the office, take work home and scramble to keep up with our never-ending to-do lists. But how do you know when you’ve gone from stressed out to burned out? It can be […]

Helping your tax clients manage risk

After another successful busy season, it’s time to take a broader look at your clients’ needs. While tax is one important component of your clients’ financial picture, they need help in other important areas. They may not be aware that managing risk affects their financial picture. There’s a significant relationship between your clients’ financial well-being […]