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Workload Compression Survey Results

PCPS Intentional Gratitude Actions Worksheet

The Association Announces that the AAAPM Designation is Now the PAFM Designation

2017 Paperless Benchmark Survey Results

An Editor's Perspective!


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General News Article Archives

Workload Compression Survey Results

Published on March 27, 2017 by CPAFMA and PCPS

How Does Your Firm Cope?

The AICPA characterizes workload compression as a condition of excessive job demands caused by the 1986 Tax Reform Act (TRA). The TRA severely limited the ability of businesses to use anything other than a calendar year-end reporting for tax purposes. Consequently, professional accountants find their tax and audit work compressed into the first quarter of each year. In an earlier study, Cluskey and Vaux (1997a) found job stressors, such as excessive job demands, contributed to job stress, which ultimately leads to degraded job performance. Cluskey and Vaux (1997b) also found workload compression to be a possible contributor to occupational stress in professional accountants. Many firms have incorporated specific management practices to help their employees cope with the extremely high job demands during this period of workload compression.

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PCPS Intentional Gratitude Actions Worksheet

Published on March 27, 2017

Take a few minutes out of your busy day to show gratitude to those in your firm. Using PCPS Intentional Gratitude Actions can help increase motivation, teamwork, personal knowledge and build a strong firm culture. Find out more about creating a culture of gratitude with this accompanying Podcast.

This PCPS Intentional Gratitude Actions Worksheet and Pocast are examples of turnkey tools and solutions the PCPS delivers. PCPS is an add-on firm membership section with the AICPA and alliance partner with CPAFMA. A PCPS firm membership is only $35 per CPA, up to a max of $700 per firm and is a great investment for the wealth of resources. Find out if you are already a PCPS member by emailing pcps@aicpa.org or take a quick tour to learn more.

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The Association Announces that the AAAPM Designation is Now the PAFM Designation

Published on March 10, 2017

The Association for Accounting Administration became the CPA Firm Management Association for many reasons, all of which are applicable to our certification program. We want a larger reach, we want to be more inclusive of the firm management arena and we want those involved in managing CPA firms to know they are not alone and as thought leaders, we can make a difference when it comes to the success level of firms throughout the U.S. and Canada.

To better align with the Association's new name, CPAFMA has officially changed the name of our Accredited Administrator in Accounting Practice Management (AAAPM) designation. The designation will continue to transition from a designation of AAAPM to PAFM, Public Accounting Firm Manager. We hope our current and future certified professionals like the change.

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2017 Paperless Benchmark Survey Results

Published on February 28, 2017 by Roman H. Kepczyk, CPA.CITP, PAFM, Xcentric, LLC

The CPA Firm Management Association completed their 2017 paperless benchmarking survey to find out the status of paperless office practices in accounting firms this upcoming busy season. The survey has been conducted every two years beginning in 2003 to help identify trends in adopting “less paper” processes. This year, 176 firms participated in the survey, powered by Canon.
 
Member firms are leading the profession by adopting digital workflow tools, scanning tax documents at the front end and using digital tools to bookmark and input data into tax returns as well as delivering organizers and returns electronically. Audit teams are reducing the amount of equipment they are taking into the field and doing more work and planning remotely as they too utilize portals and secure email solutions. Administrative teams are transitioning payables, receivables and accounting to completely digital solutions as well as starting to tackle human resources issues. Compare your firm against these findings to see if you are on the bleeding/stable edge or behind with an opportunity to implement some leading practices this busy season!

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An Editor's Perspective!

Published on February 28, 2017 by Joyce Arthur, PAFM, BDO Alliance USA

We are all extremely fortunate to be members of an accounting association that is recognized as a leader in CPA firm practice management. By being a member, not only do we have access to so many resources and tools needed to make our jobs easier, we belong to a society of members where we can communicate with one another to share experiences, best practices and support and encourage each other through our participation on the discussion forum, local and regional chapter meetings and of course, the National Practice Management Conference held each year.

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CPAFMA Board Nominations Open

Published on February 28, 2017

Are you willing to step forward as a leader in the profession and join the CPAFMA National Board of Directors? Do you know a CPAFMA peer who would be perfect for this important role?

The CPAFMA Board of Directors is seeking qualified candidates to be considered for Board service. If you have a commitment to the organization and to the profession and are willing to invest some time and energy in helping to make a difference, please complete the Association’s Nominee Resume (available on-line in the Members Only section of the website) and submit by April 1, 2017. This application should be completed by the individual being nominated.

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ACE Award Nominations Accepted

Published on February 28, 2017

Our 2016 ACE Award Recipient, Jeanie Price, PAFM, Partner and Director of Administration at DeLeon & Stang, CPAs and Advisors in Gaithersburg, Maryland encourages firm marketing directors and partners to nominate their firm managers for this amazing recognition!

This annual award is presented by the CPA Firm Management Association (CPAFMA) and has been awarded to some of the country's most experienced and respected administrators since its inception in 1989.

The ACE Award -- which stands for Achievement, Commitment and Excellence is awarded to firm management professionals who carry such titles firm administrator, director of administration, chief operating officer, chief financial officer and chief executive officer.

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The Foundation of a Good Workflow System

Published on February 28, 2017 by Gary DeHart

The foundation of a good workflow system is making sure the resources needed by your staff to perform their work are in a secure but central location. In an accounting practice, part of your resource planning must be to have a plan in place to deal with the flow of source documents – how to intake, store and access them.

At the outset of an engagement, it’s crucial to be clear with the client what their responsibility is in getting their documents to the firm. Can they give you paper statements and shoeboxes full of receipts? Are they required to scan documentation and upload it to their client portal? Can they attach receipts to transactions themselves or do they need to scan them and send them to you? Make sure that you are just as clear on what happens when they fail to do their part. Without the proper resources, the firm can’t complete the work on time which can mean missed deadlines or extra “rush” fees.

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Certification Program Re-Branded

Published on February 28, 2017 by Jane Johnson, MBA, PAFM, CMPE, Grimbleby Coleman

To better align with the Association's new name, CPAFMA has officially changed the name of our Accredited Administrator in Accounting Practice Management (AAAPM) designation. The designation will transition from a designation of AAAPM to PAFM, Public Accounting Firm Manager, effective immediately. We hope our current and future certified professionals like the change.

The Association for Accounting Administration became the CPA Firm Management Association for many reasons, all of which are applicable to our certification program. We want a larger reach, we want to be more inclusive of the firm management arena and we want those involved in managing CPA firms to know they are not alone and as thought leaders, we can make a difference when it comes to the success level of firms throughout the U.S. and Canada.

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A Chair's Busy Season Message

Published on February 28, 2017 by Bob Biddle, PAFM, Bowman & Company, Voorhees, NJ

Fort Worth
By now, you should have seen the microsite for this year’s National Practice Management Conference, in Fort Worth, Texas on June 20-23rd. Click here to view the information. The program has general sessions on Firm Culture, Leadership (presented by our own Bill Reeb) and one in which you will learn 75 Innovative Ideas in 75 minutes (bring yours to the Conference as this session is interactive). There are breakout sessions by Firm Size (always one of the more popular), Social Media and Recruiting, a Legal Update, Technology Update and many more. Remember you only get out of something what you put into it, so plan on attending and learning from your peers and experts in our profession, the profession of Firm Management.

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