Many accounting firms have family office practices to better serve their clients and generate new business. The wealthy increasingly prefer working with multi-family offices to other private wealth ...

You can look on practically every website of any CPA firm today, and you will find the current business model revolves around tax, audit, accounting, advisory and financial services. Processing ...

TL;DR: Why accountants must first understand what AI really is. Hey, accountants! Have you heard of ChatGPT? Sorry, wrong question. What’s your opinion about ...

Darren Root, chief strategist at Right Networks, offers a new framework for executing on your firm's business model — if you have one. Welcome to On the Air with Accounting Today, I'm editor-in-chief ...

(Note: This is the first in a series about how accounting firms can successfully reassess and reimagine their business models.) In the past three years, accounting firm partners and staff spent days, ...

Editor’s note: This is the first article in a six-part series. The second part, which covers firm strategy, is also in this issue. “Change always comes to us from the outside in, forcing us to react, ...

As high-net-worth individuals and families choose multi-family offices, many accounting firms offer various services they categorize as such. However, when analyzing self-identified family office ...

Most accounting teams weren’t built to scale. They were built to close the books and stay compliant. That worked—until the demands outgrew the structure. Today, businesses expect sharper insight and ...