CPA’s know the language that is being spoken in a company's financial statements and they are capable of assisting clients to facilitate change. Today we look at different ways an accounting firm can use business advisory services to help and improve their client’s bottom line: (more…)
Accounting firms has declined according to a report from IBISWorld (a research firm). This comes after half a decade of declining industry activity following the recession and stumbling economic recovery resulting in medium-sized firms shrinking or merging with others and causing several smaller firms to stop operating. (more…)
What are retainers? One of the biggest concerns for any firm is assuring a stable cash flow. One way to get regular assignments and have a predictable flow of income is to set up retainer based services. Flat fees and hourly rates may be the staple of the industry but do retainers really work for accountants? (more…)
