Securing the Future: Succession Planning Basics - Hardcover

Reeb, William L.

Hardcover

ISBN 10: 0870518542 ISBN 13: 9780870518546

Publisher: American Institute of Certified Public Accoun

Synopsis

Succession planning continues to be a perennial top-five practice management issue for CPAs in firms of all sizes. Until now, a practitioner was essentially on his or her own to create and execute a succession plan for the firm. This new product has been developed under the guidance of the PCPS Executive Committee and is devoted to demonstrating that succession planning makes money for your firm today. In developing Securing the Future, Bill Reeb surveyed over 500 CPA firms and conducted in-depth interviews with 30 managing partners representing firms in transition or about to grapple with succession. This intelligence has been distilled into a hands-on, tactical guidebook for CPAs wishing to develop a successful practice transition plan. Its unique content shows you how to best position the firm for succession or transition, advises you on avoiding common pitfalls, and guides you through the development and execution process. Details in this guide Structure and Leadership Get guidance on organizational structure options that will increase your firm's value; guidance on identifying and clarifying employee roles and responsibilities; and guidelines for training, developing, compensating and rewarding employees. Operations and Growth Get successful business development suggestions; ideas for profitable client management. Succession Strategies Get sample plans for practitioner retirement, or firm succession or merger and acquisition.

Edition details

• Publisher: American Institute of Certified Public Accoun
• Language: English
• ISBN 10: 0870518542
• ISBN 13: 9780870518546
• Binding: Hardcover
• Number of pages: 198