CPA Firm Mergers & Acquisitions Face New Ethics Requirements
(New AICPA Guidance on CPA Practice Sales and Mergers) In 2016 the AICPA (American Institute of CPAs) published some new ethics guidelines that became effective June 30th of 2017. For those CPAs intending to enter into an M&A (Mergers and Acquisitions) arrangement in 2018 and beyond, it would be beneficial to review these new requirements […]
Financial Considerations of Purchasing a CPA Practice
Smart Money Week is a good time to examine the financial considerations of purchasing an accounting practice. Because CPA practices have a seasonal aspect to them, it is important that when entering the business, you will be in a financial position to be profitable not just for 4 months out of the year, but for […]
