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Course Level :Basic
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Credits :1
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Instructional Method :Group Internet Based
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Pre-requisites :None
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Advance Preparation :None
Many accounting firms are offering estate planning or
wealth management services, but ironically, a lot of CPAs aren’t necessarily
ready for their retirement.
One in every
four CPA firms currently faces challenges related to succession planning,
according to a recent survey. Eight in 10 expect succession planning to be a
significant issue for their firms over the next decade, said the survey.
With the same
survey finding that only 44 percent of CPA firms have a succession plan in
place, it’s clear many accountants have more work to do as it relates to
planning for and funding their retirements and those of their partners. Among
firms that already have a succession plan as well as firms that lack one, a
common expectation is that they will be able to sell the firm. Nearly half of
the survey participants pointed to merging with another firm as their first
choice of an exit strategy. Solo practitioners, especially, are anticipating
that a buyout or merger will play a role.
What are firms
doing to make themselves more attractive in the event they decide to seek a
buyer?
In this online CPE Finance webinar, we’ll look at specific
ways to make your practice more attractive to potential buyers and increase
your business’s worth.
The topics we’ll
cover include optimizing your client base, client relationships, and mix of
services; avoiding common mistakes when selling your practice; and pinpointing
the ideal time and circumstances to market your business.
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
, Thrive Financial Group
Todd offers more than 27 years of experience emphasizing succession planning and business development in the accounting and tax industry.
The scope of Todd’s experience includes developing new marketing strategies, integrating financial planning and payroll services into accounting practices, personally being involved as an intermediary in the sale of hundreds of accounting and tax firms nationwide.
Todd also speaks at regional and national conferences as an authority on succession planning and integrating financial planning into accounting practices. Todd is Series 7, 66, Life, Accident & Health Licensed. Todd enjoys staying active and is the proud father to three children – Sydney, Benjamin and Brooklyn.
Helping accountants buy and sell practices nationwide.
1 Credit
Subject Area
May 19, 2022 | 09:00 AM EDT
May 19, 2022 | 09:00 AM EDT
May 19, 2022 | 10:00 AM EDT
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