Succession Planning for Accounting Firms
WESTCHESTER/ROCKLAND CHAPTER'S
Succession Planning for Accounting Firms
2 CPE Specialized Knowledge
Bill Carlino
Bill Carlino serves as managing director at Transition Advisors LLC, one of the country’s preeminent consultants specializing in CPA firm ownership and transition where he oversees the New York New Jersey and New England markets. He joined Transition Advisors after serving for nearly 12 years as editor-in-chief and editorial director of Accounting Today and AccountingToday.com, where he was responsible for all content both in print and online. During his tenure as editor, Accounting Today won a series of financial journalism awards and was a two-time finalist for the Jesse R. Neal Award, the premier accolade among business-to-business publications. He has been a frequent industry speaker, presenter and panel moderator and has appeared as an expert commentator on such business channels as CNBC, Reuters, Bloomberg, CNN as well as National Public Radio.
TOPIC: Succession Planning for Accounting Firms
DATE: Tuesday, August 24, 2021
TIME: 10:00AM – 12:00 PM
COURSE OVERVIEW: Succession planning in 2021. Succession is considered one of the top issues facing the accounting profession as the 70-plus million Baby Boomers reach retirement age and exit the workforce. Yet shockingly more than 50 percent of CPA firms with less than 15 employees have no formal succession plan in place. Whether you are looking outside your firm for succession or have a strong enough “bench” to assume the leadership reins going forward, this session will address.
SPEAKER: Bill Carlino of Transition Advisors LLC
**2 CPE SPECIALIZED KNOWLEDGE**
LEARNING OBJECTIVES:
Determining whether your succession plan lies internally or externally.
Strategies in selecting an external successor.
The four critical C’s of a successful merger.
Common roadblocks to avoid in M&A
How the COVID-19 pandemic impacted the accounting profession?
What are the variables that impact the valuation of a firm in 2021?
How do you value a firm when selling internally to a partner?
How do M&A deals commonly get structured?
How do your firm metrics impact firm valuation?
How do the hard assets, accounts receivable, WIP and the tax treatment of the payments impact value?
Who Should Attend: Accountants who are thinking about retirement.
Pricing: $20 member / $30 non-members
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