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Taking advantage of the shrinking middle tier of CPA firms

Accounting Today

The bevy of CPA firm M&A in recent years has changed the size and composition of firms in the market.

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Wipfli Merges In Michigan CPA Firm Clayton & McKervey

CPA Practice

Top 20 accounting firm Wipfli is combining with Southfield, MI-based CPA firm Clayton & McKervey, effective Sept. Clayton & McKervey is the 259th biggest accounting firm in the U.S. by revenue , reporting nearly $16.4 million during its most recent fiscal year, according to INSIDE Public Accounting.

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4 Recruiting Challenges for CPA Firms (And the Solutions)

Accounting Insight

All too often, CPA firms focus the bulk of their efforts on lead gen, which tends to create compromises in other critical areas of the business – namely recruiting exceptional accounting talent. CPA firms – by nature – deal with extremely sensitive information that has a direct impact on their clients’ livelihoods.

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CPA Firm Managing Partner Weighs in on How to Rebuild the Talent Pipeline

CPA Practice

Pretty much overwhelmingly they said it was because you have to have an accounting degree and a CPA, which isn’t true. You don’t have to be a CPA. Firms are looking at non-traditional hires and non-CPAs. But they also overwhelming said it’s boring, it’s stuffy, you do taxes or audit.

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The CPA Firm Growth Strategy: From Compliance to Consulting

Speaker: Rita Keller - President of Keller Advisors, LLC

For others, it will be a significant challenge. No matter where you are in the process, you need to be aware of the challenges and opportunities.

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Top West Virginia CPA Firm Announces Merger

CPA Practice

Suttle & Stalnaker, West Virginia’s largest locally owned CPA firm, has merged with Huntington-based Somerville & Company, PLLC, effective August 1, 2023. The combination of the strength of both firms will enhance the support of and service offerings to local businesses and organizations.

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How CPA firms can turn past challenges into future opportunites

ThomsonReuters

As CPA firms navigate the ever-evolving digital economy, they are faced with various challenges that threaten their profitability and longevity. From leveraging automation and artificial intelligence to recruiting and retaining top talent, CPA firms must find innovative solutions in order to stay competitive.

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Managing Security Issues with a Remote Workforce while Continuing to Grow Your Practice

Speaker: Jim Bourke, Managing Director Advisory Services at WithumSmith+Brown

Protecting data does not and should not result in a massive disruption to our business model, but instead, should be viewed as an opportunity to get to better know our clients and help them by delivering new services that in the past were never associated with a CPA firm.