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The Long Goodbye
Oleh:
Sinkin, Joel
;
Putney, Terrence
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Journal of Accountancy vol. 216 no. 2 (Aug. 2013)
,
page 36-38.
Topik:
CPAs
;
Succession Planning
;
Accounting Firms
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ85.34
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The best time for an accounting firm to start work on a succession plan is the day the firm is formed. Of course, most firms don't do that. Partners plotting a path to retirement need to compare the frequency that they meet in person with their clients to how many more years they desire to work full time before slowing down. Note the phrase "work full time before slowing down." Many practitioners focus on when they want to retire, but most owners don't go from full time to retirement in one step. Instead, they gradually reduce their time commitment to the firm. The time for succession planning is now. Firms that don't have a plan in place are in danger of seeing opportunity and firm value melt away as the number of firms seeking buyers rises over the next few years.
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