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When accounting firms merge or acquire other firms, or simply entertain the prospect of merging, employees can experience feelings of anticipation, anxiety and fear of the unknown. Managers and firm leadership must balance that with growing the firm.

Like a football team, an accounting firm's success depends on smaller departments within the firm being in sync with the others. When each department is aligned, the firm runs smoothly and profitably.

Although AI-generated content should never be considered the final authority particularly in a profession deeply rooted in accounting standards and regulation, it undeniably serves as a powerful tool to streamline tasks.

Assessing the value of an accounting or tax practice is a complex endeavor that depends on multiple factors. By understanding and leveraging these key factors, the value of the practice can be maximized, and the right buyers can be attracted for a successful sale.

Successfully navigating a merger requires strategic planning, industry expertise and partnerships. Small accounting firms that refine their market position, embrace technology and establish thought leadership can negotiate from a position of strength.

To help ensure positive peer review experience, firms should place an emphasis on quality firm wide, and this should be communicated consistently to all staff. Your peer review can proceed more smoothly.

Amid the final $58.8 billion New Jersey budget signed by Governor Murphy on June 30, a New Jersey Society of Certified Public Accountants’ (NJCPA) survey of nearly 500 finance and accounting members taken in June found that they have a more pessimistic view of New Jersey’s economy for the second half of 2025 compared to the national economy.

More than 35 college students attended the 2025 NJCPA Convention & Expo on June 4 and gained career advice at the “Accounting for the Future” themed event. The students attend Caldwell University, Essex County College, Kean University, Middlesex College, New Jersey City University, Rider University, Rowan University, Rutgers University, Saint Peter’s University, Stockton University and William & Mary.

Client expectations aren’t rising — they’ve already risen. And the firms meeting them aren’t just delivering great work. They’re doing it faster with tools that make life easier for everyone.

Helping clients navigate resolution programs requires expertise and persistence. You need to assess each client's financial situation to determine the best strategy and be proactive with tax authorities to avoid liens and levies.

In today’s complex economic environment, CFOs must blend financial expertise with leadership, innovation and strategic vision to navigate uncertainty and foster long-term growth.

No one looks back and says, “I wish I had delayed my CPA Exam.” The CPA is your ticket to promotions, higher pay and job security. Lawyers take the bar exam. Doctors take board exams. Why spend years in school and stop short?

As the synergy between AI, technology and the accounting profession deepens, the potential for innovation and growth in this field is immense. One’s ability to successfully adapt to this quickly changing landscape will determine whether they become a forgotten commodity or a trusted advisor on the right side of relevance.

Bridging generational gaps and helping to motivate emerging leaders is a key component to elevating any organization. Utilizing five steps will help.