CPA Conversations

Important Phrases to Listen for during M&A Conversations

When you’re talking to another party about a merger or acquisition, there are going to be things you want to hear and things that make you hesitant should they come out of your counterpart’s mouth.

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Transition Advisors:
Merger Acquisition Transition Succession

PICPA members are eligible for a free consultation with Transition Advisors LLC, one of the country’s leading consultants on succession, M&A and partnership issues.

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Succession Planning

According to the AICPA, only 46% of multiowner firms and 6% of sole practitioners have written a succession plan. 

A succession plan for your business means a better financial proposition and reduced emotional stress for you, your partners, and your family. The following insights will help you prepare.

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Pennsylvania CPA Journal

  • Winning Continuity Plans for Owners, Clients, and Successors

    Mar 12, 2024, 00:00 AM by Ira S. Rosenbloom, CPA (inactive)
    Successful practice continuity is dependent on making three parties happy: clients, firm owners, and the next set of owners, successors, or protectors. Here are a few pathways to establish a framework for a succession that is a win for all three parties.
    Full story
  • Getting an “F” when Buying an S Corp. Makes the Grade

    Jun 22, 2023, 15:49 PM by Meredith Thornton, CPA, MST, Michael Tighe, CPA, MST, and Howard Braithwaite, CPA, MST
    When acquiring an S corporation, there are unique issues to be dealt with surrounding the target’s current status as an S corporation. Meredith Thornton, CPA, MST, Michael Tighe, CPA, MST, and Howard Braithwaite look at how the F reorg. helps put this difficulty aside.
    Full story
  • Acquisition Entrepreneurs: A Solution to Succession Dilemmas

    Dec 15, 2022, 07:00 AM by Michael A. Zaydon, CPA
    The next generation of aspiring small-business owners is playing a major role in facilitating the generational wealth and business transition wave currently underway and they may be the perfect fit for business owners and their advisers who care not only about the financial prospects of a business exit, but the emotional ones as well.
    Full story
  • Using Tax Season as a Measure for Possible Firm Transition

    Sep 28, 2022, 09:14 AM by Ira S. Rosenbloom, CPA (inactive)
    Explains that if firm owners are ready to merge with, or be acquired by, another firm, it’s important that they plan out well in advance of the coming tax season.
    Full story
  • Pros and Cons of Selling a Business to a Key Employee

    Dec 1, 2021, 13:01 PM by John S. Stoner, CPA, CVA
    Entrepreneurs work hard to make their businesses succeed, and they often have a large percentage of their personal wealth embedded in those businesses. When they begin to contemplate retirement, it is important to maximize the net proceeds from the sale of their business to provide sufficient resources to support their retirement.
    Full story

Journal of Accountancy

Navigating the Path to Success in Accounting Practice Sales

Harry L. Olson, CPA, advises that knowing how to avoid major hazards when seeking a buyer can make all the difference between a profitable conclusion and a disastrous outcome.


Key Succession Planning Tips for Small CPA Firms
Key Succession Planning Tips for Large CPA Firms
How to Value an Accounting Firm in the Succession Planning Process

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