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News
Acquisitions could be solving the succession crisis, so why aren't they?
5+ day, 21+ hour ago (911+ words) An AICPA survey conducted in 2020 found that 26% of single owners and sole practitioners were planning to retire within the next five years. Today those partners have either hung up their hats and left a critical role to be filled, or…...
What offshoring vendors don't want you to know
1+ week, 2+ day ago (266+ words) Confronted by a chronic talent shortage, fee compression and ever-increasing workloads, more U.S. accounting firms are turning to offshore talent. In earlier columns I've talked about the payoff from offshoring when it's done patiently and correctly. But there are some things…...
Ship versus swarm
2+ week, 4+ day ago (737+ words) An advisory firm owner told me something a few weeks ago that has been stuck in my mind ever since: "Kyle, most firms are aircraft carriers. They're too slow. We're more of a pirate ship." He was joking, mostly. It…...
SEC Proposes New Regulation Crypto Assets
3+ week, 5+ day ago (498+ words) The Securities and Exchange Commission today announced that it proposed new rules, titled “Regulation Crypto Assets,” that would create a clear and fit-for-purpose framework for certain investment contracts involving crypto assets. This proposal follows… Official websites use.gov Secure.gov…...