bonus: four outlooks from our exclusive expert council: baker, dobek, tierney, mister. by martin bissett passport to partnership the skill in producing financial reports is limited by the quality of the information presented to the cpa by the client. motivation of the … continued
make provisions, or state partnership laws may do it for you.
by marc rosenberg
retirements & buyouts
twenty to thirty percent of all accounting firm partnership agreements have no provision for goodwill-based retirement payments to partners departing due to death, disability, retirement or withdrawal.
more on retirement: the top 10 mistakes in partner retirement plans | 20 new, essential keys for today’s partner retirement plans | you want goodwill payments? give proper retirement notice | compromise is in order for some goodwill payouts | three ways to calculate goodwill payable in partner buyouts, none of them great | the ins and outs of aav for goodwill | 5 points to consider when paying out goodwill | how to set terms and limits for goodwill payouts
they’re in for a rude surprise. read more →
competence comes first. but it’s only a prerequisite. bonus worksheets: 11 questions to plan your path to partnership by martin bissett passport to partnership staffers aspiring to be partners must learn the key characteristics of successful partners. they also must learn … continued
what we have here is a failure to communicate. editor’s note: with this article, 卡塔尔世界杯常规比赛时间 introduces a new series of articles by martin bissett reporting on the findings of his proprietary research into the keys to making partner. the research is … continued
is your firm guilty of any of these?
by marc rosenberg
mistakes abound in partner retirement plans. here are the top 10 we see:
more on retirement: are partner buyout plans just ponzi schemes? | 20 new, essential keys for today’s partner retirement plans | clawback and how to handle it | can partners compete after they leave? | how to juggle tax considerations for partner retirement benefits | retirement plan funding? what funding? | vesting can cover part-timers, too