Welcome to the American Institute of CPAs’ Small Firm Philosophy podcast series. We'll talk with leaders from small accounting firms across the country about their philosophies on running a successful practice in today's rapidly changing environment. Hear about topics including, supporting a strong firm culture, running a virtual firm, providing services to a niche industry like the craft brewery business, planning ahead for succession and successfully implementing mergers and acquisitions.
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 Septe...
“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...
“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 th...
The AICPA’s Private Companies Practice Section (PCPS) CPA Firm Top Issues Survey has identified developing the next generation of firm leadership as a...
The International Auditing and Assurance Standards Board (IAASB) has issued an exposure draft on auditing the financial statements of Less Complex Ent...
As highlighted in the Succession Planning Survey, small firms know they need a Practice Continuation Agreement (PCA) yet less than 10% have one in pla...
The ASB’s proposed quality management standards are open for comments through Aug. 31. But small firms can get a head start on understanding the impli...
How did small firms keep up with the Paycheck Protection Program (PPP), Economic Injury Disaster Loan (EIDL) and other business relief programs to sup...
How did small firms cope with another tax season layered with business relief efforts, COVID, and filing extensions? Listen as Carl Peterson, CPA, CGM...
Do you want to promote Diversity, Equity, and Inclusion (DEI) efforts in your firm but don’t know where to start? Listen as Crystal Cooke, Director of...