Firm Management

Process improvement has been a stated goal in most firms for some time now. Looking for ways to do more with less became even more important during the economic downturn. And the concepts of Lean Six Sigma that started in manufacturing are now making their way into professional services firms, including accounting.

Sadly, most consumers have almost no idea where these changes came from, or how to get back to the search engines and toolbars they actually wanted.

As this column goes to print, provisions of the Patient Protection and Affordable Care Act (also known as the “ACA,” or ObamaCare) will change accountants and tax preparers from “trusted advisors” to a more derogatory status:

A long time ago…at least in terms of the life of a blogger…I did a quick overview of the PC-Matic utilities for personal computers. I wasn’t overly harsh, nor overly kind, and did mention that that in my mind the best service they provided was their newsletter.

Firm had served as city's auditor until discovery of $54M embezzlement by city comptroller.

Summer may seem like a time where accountants can take a breath. They’re just past the April tax rush and still a ways ahead of end-of-year planning. But that timing makes August and September the optimum time to work on managing your practice – an essential part of which is managing business risk.

On Monday night, the U.S. Congress rejected the U.S. Senate's version of the House bill for a debt limit increase, which effectively shuts down some of the non-critical operations of the federal government.

Two prominent CPA firms in Buffalo have reached an agreement to merge. The Bonadio Group and Gaines Kriner Elliott LLP (GKE) will finalize their new arrangement on November 1, and will operate under the Bonadio name.