Transforming: Tales of Business Evolution

On this episode of the Small Firm Philosophy podcast, you'll hear a clip from the AICPA's November 18th Town Hall series featuring the AICPA's Lisa Simpson, VP of Firm Services, Carl Peterson, VP of Small firms, Bill Pirolli, AICPA Chair and CPA.com's CEO Erik Asgeirsson. This panel of experts discuss client acceptance and continuation decisions small firms can make before busy season. Resources mentioned in this episode: Surviving Tax Season Checklist Client continuance evaluation tool Client acceptance evaluation tool Client termination practitioner checklist and notification letter This episode is brought to you by the AICPA's Private Companies Practice Section (PCPS), the home of small firms. To learn more about PCPS, email pcps@aicpa.org and schedule a free webtour. Register for the next AICPA Town Hall series. Note: If your podcast app does not hyperlink to resources, visit https://aicpasmallfirm.libsyn.com to access show notes with direct links.

The 2021 tax season is fast approaching. Is your firm ready? Listen to this episode of the Small Firm Philosophy podcast as Deb Rood, CPA and Risk Control Consulting Director at CNA shares best practices and resources to help your firm prepare for a successful tax season, this year and beyond. Resources mentioned in this episode: Surviving Tax Season Checklist Client continuance evaluation tool Client acceptance evaluation tool Client termination practitioner checklist and notification letter To learn more about AON, please visit cpai.com or call 800.221.3023. This episode is brought to you by the AICPA's Private Companies Practice Section (PCPS), the home of small firms. To learn more about PCPS, email pcps@aicpa.org and schedule a free webtour. Note: If your podcast app does not hyperlink to resources, visit https://aicpasmallfirm.libsyn.com to access show notes with direct links.

Burned out? Not enough hours in the day? In this episode of the Small Firm Philosophy podcast, Carrie Steffen, Co-Founder and President of the Whetstone Group, discusses how client acceptance and continuation policies can right-size your client base and positively impact your firm's people and profitability. PCPS resources include: Client acceptance evaluation tool Client continuance evaluation tool Client termination practitioner checklist and notification letter To learn more about Carrie, please visit www.thewhetstonegroup.com. This episode is brought to you by the AICPA's Private Companies Practice Section (PCPS), the home of small firms. To learn more about PCPS, check out our membership information or sign up for a free web tour. Note: If your podcast app does not hyperlink to resources, visit https://aicpasmallfirm.libsyn.com to access show notes with direct links.

Creating a successful practice that meets your clients' needs while providing satisfying and meaningful work for you and your staff requires focus, discipline, and time. Listen to this episode of the Small Firm Philosophy podcast as Jack A. Heil, CPA shares lessons learned while journeying from the Big 8 to a sole proprietor that loves what he does. PCPS resources mentioned in this episode: Client continuance evaluation tool Client acceptance evaluation tool Client termination practitioner checklist and notification letter To learn more about Jack, please visit www.jackaheilcpa.com. This episode is brought to you by the AICPA's Private Companies Practice Section (PCPS), the home of small firms. To learn more about PCPS, email pcps@aicpa.org to schedule a free web tour. Note: If your podcast app does not hyperlink to resources, visit https://aicpasmallfirm.libsyn.com to access show notes with direct links.

The AICPA's Peer Review Board (PRB) is responsible for developing and issuing Standards for Performing and Reporting on Peer Reviews (standards). Listen as PRB Board Member Dawn Brenner, CPA breaks down the exposure draft proposing changes to the standards and discusses the potential implications for small firms. Mentioned in this episode: Clarification of AICPA Standards for Performing and Reporting on Peer Reviews Template for comments and suggestions AICPA's Peer Review homepage To learn more about Dawn, please visit Grant Bennett Associates' website at gbacpa.com. This episode is brought to you by the AICPA's Private Companies Practice Section (PCPS), the home of small firms. To learn more about PCPS, check out our membership information or sign up for a free web tour. Note: If your podcast app does not hyperlink to resources, visit https://aicpasmallfirm.libsyn.com to access show notes with direct links.

The Private Companies Practice Section (PCPS) CPA Firm Top Issues Survey identified tax-related challenges affecting small firms. Listen as April Walker, CPA, CGMA Lead Manager, Tax Section and host of the Tax Odyssey podcast discusses these tax issues and what you can do to address these challenges. Resources mentioned in this episode: Resources to address CPA firm top issues Client Evaluation Tool. PCPS CPA Firm Top Issues Survey Tax Odyssey podcast AICPA tax hub IRS Hotlines Quick Reference Chart Contacting the IRS FAQs Client Termination Practitioner Checklist and Notification Letter Extension Reminder Letter for Client Tax Return This episode is brought to you by the AICPA's Private Companies Practice Section (PCPS), the home of small firms. To learn more about PCPS, check out our membership information or sign up for a free web tour. Note: If your podcast app does not hyperlink to resources, visit https://aicpasmallfirm.libsyn.com to access show notes with direct links.

Small firms face familiar challenges in unprecedented times What's keeping you up at night as a firm owner? Listen to this clip from the AICPA's September 2nd Town Hall series as the AICPA's Lisa Simpson, VP of Firm Services, Carl Peterson, VP of Small Firms, Barry Melancon, CEO, and CPA.com's CEO Erik Asgeirsson discuss the results from the 2021 CPA Firm Top Issues Survey. 2021 Top Issues commentary: Familiar challenges in extraordinary times Resources to address CPA firm top issues This episode is brought to you by the AICPA's Private Companies Practice Section (PCPS), the home of small firms. To learn more about PCPS, visit aicpa.org/pcps or email pcps@aicpa.org for a free web tour. Note: If your podcast app does not hyperlink to resources, visit https://aicpasmallfirm.libsyn.com to access show notes with direct links.

"Technology: it's just oxygen. It's the tools that are available to us and some of us breathe it better than others." Listen as Byron Patrick, CPA and Manager with Botkeeper shares his take on technology in public accounting and what you can do as a small firm to stay in the know. Resources mentioned: 2021 Top Issues commentary: Familiar challenges in extraordinary times Resources to address CPA firm top issues Digitally Speaking with Roman H. Kepczyk, Director of Firm Technology Strategy at Right Networks. To learn more about Byron, follow him on Twitter or connect with him on LinkedIn. Find out more about Botkeeper at www.botkeeper.com. This episode is brought to you by the AICPA's Private Companies Practice Section (PCPS), the home of small firms. To learn more about PCPS, visit aicpa.org/pcps or email pcps@aicpa.org for a free web tour. Note: If your podcast app does not hyperlink to resources, visit https://aicpasmallfirm.libsyn.com to access show notes with direct links.

"The average person spends about two hours per day in drama…and lack of accountability is one of the sources of drama". Listen to this excerpt from the August 12th Town Hall Series as Reality-Based Leadership's Alex Dorr joins Lisa Simpson, the AICPA's VP of Firm Services and Eric Asgeirsson, CPA.com's CEO, to discuss workplace drama and how to create an engaged and accountable firm culture. Resources mentioned: Increase accountability in your firm Streamlining the "you got a minute?" meeting Gain insights for your firm with the Employee Value Self-Assessment To learn more about Alex and Reality-Based Leadership, please visit their website at https://www.realitybasedleadership.com/. This episode is brought to you by the AICPA's Private Companies Practice Section (PCPS), the home of small firms. To learn more about PCPS, visit aicpa.org/pcps or email pcps@aicpa.org for a free web tour. Note: If your podcast app does not hyperlink to resources, visit https://aicpasmallfirm.libsyn.com to access show notes with direct links.

The AICPA's Private Companies Practice Section (PCPS) CPA Firm Top Issues Survey has identified developing the next generation of firm leadership as a pressing concern for practitioners. Hear how Brent Forbush, CPA Managing Partner of Forbush and Associates, leads the way with staff development in his small firm and how you can start today in your practice. Resources mentioned: PCPS Firm Competency Model AICPA Leadership Academy Journal of Accountancy Top firm challenges in unprecedented times To learn more about Brent and his firm, please visit their website at forbushcpa.com. This episode is brought to you by the AICPA's Private Companies Practice Section (PCPS), the home of small firms. To learn more about PCPS, visit aicpa.org/pcps or email pcps@aicpa.org for a free web tour. Note: If your podcast app does not hyperlink to resources, visit https://aicpasmallfirm.libsyn.com to access show notes with direct links.