Merging an accounting firm
Succession Planning: What Are the Roadblocks in Most Mergers? Is Anything "Easy"?
Originally published in the June 2010 CPA Practice Managment Forum, a monthly journal published by CCH, a Wolters Kluwer business. After being involved with hundreds of mergers and acquisitions of accounting firms over the past 20 years, we have found a trend: the bumps in the road are the same whether the mergers are between firms of equals or a smaller firm is merging into a larger one. Conversely, some surprising things are not as hard to overcome as one might think.
Mergers & Acquisitions of CPA Firms: Understanding the Roadblocks To Successful Deals (Part 1 of 2)
Originally published in the Journal of Accountancy, March 2009. Despite the best intentions of all involved parties, some CPA firm mergers and acquisitions are not as successful as originally planned; indeed, some end as failures. When viewed in perfect hindsight, it often seems that simple common sense, or lack thereof, was the reason for the success or failure of a deal. Unfortunately, there is no specific formula for structuring a perfect deal, but a good understanding of the potential hazards relating to the variables involved and planning for the unexpected can help your firm prepare a better deal structure and business plan.
When Should a Small Practitioner Merge Into a Larger Firm?
Originally published in the AICPA SMALL FIRM SOLUTIONS, Fall 2008. If you ever wonder what you’re missing by staying small, here’s a review of the reasons for merging and the best way to handle a transition.
Current Trends Surrounding M & A of Accounting Firms
Reprinted with permission from Inside Public Accounting December 2007
A look at how the market is changing and why to start planning succession earlier then in the past
Mergers of Accounting Practices
Originally published in Today’s CPA November/December 2007
The Whys/Why Nots/How/When and With Whom?
Untying the Knot: Planning for a De-Merger
Originally published in the Journal of Accountancy by the AICPA October 2007
Creating a de-merger plan
Roles Of Partners, Equity And Compensation Stand Among The Top Considerations When Mergers Serve As Succession Solution
Reprinted with permission from Inside Public Accounting November 2005
Succession planning is one of the most urgent issues facing accounting firms today. While firms often look for internal solutions to succession, mergers and acquisitions are alternative solutions.
Ready to Merge?
Originally published in Insight, the magazine of the Illinios CPA Society July 2003
That's the question facing many CPA practices...trust your instincts to find the right answer.
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