- Exploring the future ... a view of regulation from the
standpoint of unlicensed accountants.
"Exploring the future . . ." When dealing with a complicated and controversial topic such as unlicensed accountants, it is difficult to "explore," or even to contemplate the future. There are two primary reasons why the future appears hazy. First, there is such a variance in state laws regarding unlicensed ......
- The PFS designation adds value.
Many practitioners have reported increasingly narrowed margins on traditional individual accounting services, such as write-up and tax preparation work. Further, intensified competition in the middle-to-upper-income client universe has begun to erode a typically core market for CPA services, especially with the advent of financial "supermarkets" that provide guidance and advice ......
- Is it time to add financial
services?
With tax season complete, it is time to review your practice to see if you are ready to face the next few years in business. Unless you have already carved out a niche for yourself or your firm, the apparent slowing of the economy combined with the accelerating changes taking ......
- Perfect planning pays dividends for all
HEADNOTE Perpetual's outsourced financial planning service is paying off for accounting firms and their clients Chartered Accountant Andy McGlone, who is now based in Victoria's Echuca, a two-hour drive north of Melbourne, knew that his clients needed reliable financial planning advice. To make sure it was done the right way, ......
- In Defense of Tax Shelters
Tax shelters do not have many defenders. The lawyers who have to defend them on behalf of a client tend to simply appeal to the court';s duty not to engage in law-making. Often that will win the case, but it does not help with the policy question that centers on ......
- ESTATE/FINANCIAL PLANNING RANKS AS MOST COMMON SPECIALTY; FORENSIC SERVICES LEADS THE WAY IN NICHES PLANNED FOR THE FUTURE
The niche most commonly offered by local and regional accounting firms is estate and financial planning, according to the 2002-03 BOWMAN 100 Special Report. Forensic accounting is the specialty of choice for firms planning new niches. Nearly 75% of firms participating in BOWMAN'S 2002-03 Annual Analysis of Firms offer estate ......
- MORE CPAs BECOMING FINANCIAL PLANNERS
By 2006, almost 40 percent of all CPA firms will offer financial planning services, up from only 14 percent in 2002, according to a report by Tiburon Strategic Advisors. Of the nation's roughly 450,000 CPAs, almost 20 percent (or 90,000) offer financial planning, Tiburon reports. About 13,900 of them are ......