For years, many accounting firms have established wealth management practices, and more continue to do so. The aim is, first and foremost, to better serve their clients. Also, the revenues and profits ...

Finding the best accounting practice management software can transform the way your business operates. That’s why we’ve carefully selected the best options based on features, ease of use, and value ...

Please note: This item is from our archives and was published in 2012. It is provided for historical reference. The content may be out of date and links may no longer function. Alexander Bruggen, ...

Increasingly complex multinational value chains, partly the result of industry consolidation or globalization, and more scrutiny from auditors and regulators are causing more and more companies to run ...

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 ...

Managerial accounting is unlike financial accounting due to its sole goal of providing useful operating information to managers, as they strive to meet business goals and objectives. Financial ...

For those accounting firms that embrace wealth management, the focus of their efforts, many times, is on asset management. There are a number of reasons for making investment advisory services central ...

As the demands on accounting professionals grow more complex, so too has their software. But with all the software solutions now offered on the market, choosing the right fit for your firm can be ...

The Association of International Certified Professional Accountants and the Management Accounting Section of the American Accounting Association have announced that Christopher Ittner and Jeremy ...

The primary difference between financial and managerial accounting is one of audience. There are certain measures and metrics that may be more important to the operational control of business elements ...

Forbes contributors publish independent expert analyses and insights. I write about the creation and management of exceptional wealth. Accountants with high-net-worth clients are well positioned to ...

Balancing the tasks of crunching numbers and managing client expectations reflects the average day of accounting firms. While handling financial transactions is their main function, there's always a ...